TRURO SCHOOL FOUNDATION LIMITED
Provide bursaries for pupils attending Truro School
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £825,314, comprising general and designated funds, with total net assets of £1,757,390. The trustees report that the charity has sufficient funds and cash to meet liabilities for the next 12 months, confirming a going concern basis with no material uncertainties. The charity relies on donations and investment income to fund bursaries, with governance costs covered by contributions from the connected school.
What the accounts disclose
“At the year end, the charity was due £11,920 (2024: £15,496) from Truro School, a charity in which one trustee of Truro School Foundation Limited are also trustees. During the year, the charity made net grant payments to Truro School amounting to £189,551, (2024: £60,000).” — page 18
Trustees
- Peter Nigel Ashcroftchair
- GERALD CHEGWIDDEN
- Jeremy Mark Eddy
- Julia A Pierce
- Martin Roy Ayliffe
- Peter Robert John Munro-Lott
- Peter Stethridge
- RICHARD GRAHAM THOMAS
- Robert Richard Cowie
- Timothy James Bunting
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £371k | £202k |
| 31/08/2024 | £341k | £72k |
| 31/08/2023 | £434k | £65k |
| 31/08/2022 | £50k | £54k |
| 31/08/2021 | £190k | £109k |
Common questions
Is TRURO SCHOOL FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £825,314, comprising general and designated funds, with total net assets of £1,757,390. The trustees report that the charity has sufficient funds and cash to meet liabilities for the next 12 months, confirming a going concern basis with no material uncertainties. The charity relies on donations and investment income to fund bursaries, with governance costs covered by contributions from the connected school. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BELLASIS TRUST | 1 | £10k |
| THE ABDALLA FOUNDATION | 1 | £9k |
Charities like this
- THE CHOIR SCHOOLS ASSOCIATION BURSARY TRUST LIMITED
- TRURO HIGH SCHOOL FOR GIRLS
- AYLESBURY GRAMMAR SCHOOL FOUNDATION
- EMANUEL SCHOOL GENERAL CHARITABLE TRUST
- MERCHANT TAYLORS' EDUCATIONAL TRUST
- ROYAL HOSPITAL SCHOOL CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TRURO SCHOOL FOUNDATION LIMITED | £371k | — | 0 | unclear | — | no doubt |
| THE CHOIR SCHOOLS ASSOCIATION BURSARY TRUST LIMITED | £322k | — | 0 | within | — | no doubt |
| TRURO HIGH SCHOOL FOR GIRLS | £6.5m | £110,001 - £120,000 | — | within | 0.0% | no doubt |
| AYLESBURY GRAMMAR SCHOOL FOUNDATION | £160k | — | 0 | unclear | — | no doubt |
| EMANUEL SCHOOL GENERAL CHARITABLE TRUST | £868k | — | 0 | within | — | no doubt |
| MERCHANT TAYLORS' EDUCATIONAL TRUST | £336k | — | 0 | below | — | no doubt |