CHARTERS-ANCASTER COLLEGE (1995)
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £24,165 for the year, resulting in unrestricted funds falling to a deficit of £37,728. The trustees note that the school is reliant on continued support from parents, bankers, and benefactors, though they express confidence in a secure future. Reserves are currently negative, contrasting with the stated policy to maintain sufficient free reserves to provide a buffer for uninterrupted services.
What the accounts disclose
“The Trustees continue to review the three-year strategy document "Forward Together" on an on-going basis.”
“The school is reliant on the continued support of the parents, its bankers and other benefactors.” — page 21
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Don Young
- FIONA JANE KELLETT
- James Nathan Cole
- Lynn Langlands
- Nicky Crump
- SARAH NORMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.4m | £1.2m |
| 31/08/2024 | £988k | £1.0m |
| 31/08/2023 | £953k | £896k |
| 31/08/2022 | £695k | £670k |
| 31/08/2021 | £634k | £616k |
Common questions
Is CHARTERS-ANCASTER COLLEGE (1995) financially healthy?
The accounts state that the charity reported a net expenditure of £24,165 for the year, resulting in unrestricted funds falling to a deficit of £37,728. The trustees note that the school is reliant on continued support from parents, bankers, and benefactors, though they express confidence in a secure future. Reserves are currently negative, contrasting with the stated policy to maintain sufficient free reserves to provide a buffer for uninterrupted services. Its FY2024 accounts were independently examined.