1509 GROUP
The charity acts as the holding company for a series of companies. Royal Grammar School Guildford, Royal Grammar School Guildford, Foundation, RGS Guildford International Ltd, RGS Guildford International (Dubai) Ltd, RGS Guildford International (China) Ltd, RGS Guildford Enterprises Ltd.
Financial health, per its FY2025 accounts
The accounts state that the Group generated a net increase in funds of £1.3m for the year ended 31 July 2025, with total income of £30.7m and expenditure of £29.5m. Per the trustees' report, free reserves were £6.1m, which is slightly below the stated policy target of approximately £7m (equivalent to three months' operating expenditure). The Directors have adopted the going concern basis, confirming sufficient cash resources to meet obligations as they fall due.
What the accounts disclose
“Based on the Group’s 2025/26 budget, a reserves target of 3 months’ operating expenditure would mean holding approximately £7m reserves” — page 8
Leadership, per the charity’s website
- Dr Jon Cox — Headmaster
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- SARAH KATHLEEN CREEDY MAchair
- Astrid Jenn-McAuliffe
- Calvin Wright Ngwena
- Canon Simon Butler
- Dr Lorraine Susan Kendrick Linton
- Faye Emily Carter
- Karen Tania Atkinson
- Kristina Spasic
- LORD RUPERT CHARLES WILLIAM BULLARD ONSLOW
- NICHOLAS EDWARD JOHN VINEALL QC
- Nicola Katrin Vale Nelson-Smith
- Peta-Anne Barrow
- Profe Matthew James Humphreys
- Professor Helen Eleri Treharne
- Robert Nicholas Waterhouse
- STEPHEN JOHN MEREDITH
- Simon George Gimson
- Thomas Edward Lingard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £30.7m | £29.5m |
| 31/07/2024 | £30.9m | £27.2m |
| 31/07/2023 | £28.3m | £27.2m |
| 31/07/2022 | £26.6m | £24.3m |
| 31/07/2021 | £23.9m | £22.4m |
Common questions
Is 1509 GROUP financially healthy?
Per its FY2025 accounts: The accounts state that the Group generated a net increase in funds of £1.3m for the year ended 31 July 2025, with total income of £30.7m and expenditure of £29.5m. Per the trustees' report, free reserves were £6.1m, which is slightly below the stated policy target of approximately £7m (equivalent to three months' operating expenditure). The Directors have adopted the going concern basis, confirming sufficient cash resources to meet obligations as they fall due. Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN LYON'S CHARITY | 1 | £1.6m |
| The Merchant Taylors' Foundation | 1 | £58k |
| YOUNG HARROW FOUNDATION | 1 | £7k |
Charities like this
- Royal Grammar School Guildford
- Highworth Grammar School Trust, School Fund
- THE ROYAL GRAMMAR SCHOOL EDUCATIONAL TRUST
- MAYFIELD GRAMMAR SCHOOL GRAVESEND
- GGS SCHOOL FUND
- WOLVERHAMPTON GRAMMAR SCHOOL LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| 1509 GROUP | £30.7m | — | — | unclear | — | no doubt |
| Royal Grammar School Guildford | £29.7m | — | — | below | — | no doubt |
| Highworth Grammar School Trust, School Fund | £565k | — | 0 | unclear | — | no doubt |
| THE ROYAL GRAMMAR SCHOOL EDUCATIONAL TRUST | £3.1m | — | 0 | above | — | not going concern |
| MAYFIELD GRAMMAR SCHOOL GRAVESEND | £488k | — | 0 | unclear | — | no doubt |
| GGS SCHOOL FUND | £331k | — | 0 | unclear | — | noted |