Bedford School Foundation Trust
Financial health, per its FY2023 accounts
The accounts state that total net assets increased to £24,737,211, with unrestricted funds totaling £3,486,458. The Trustees report that unrestricted reserves represent four years of average unrestricted income, which exceeds their policy target of one to two years' typical income. The independent auditors confirmed that there are no material uncertainties related to the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees’ policy on holding reserves is that General Reserves should be maintained at a level of between one and two years’ typical income in instant access accounts or other investments with easy access and short notice periods.” — page 12
“Mr James Hodgson, Head Master is an employee of the Harpur Trust, as well as an ex officio Trustee. A total amount of £210,730 including scholarships, was granted to the Harpur Trust in the year to 30 June 2023 (2022 £105,978). At 30 June 2023 £11,989 was due to the Harpur Trust (2022 £567) and an amount of £3,619 was due from the Harpur Trust (2022 £92,374). Scholarships granted to individual pupils are paid directly to the Harpur Trust in response to agreed invoices raised. The actual scholarship sums paid in 2023 amounted to £ 208,407 (2022 £329,627). During the year £12,000 was granted from Bedford School Foundation Trust to Harpur Trust as a donation to Administrative costs (2022 £12,000)” — page 29
Leadership, per the charity’s website
- James Hodgson — Head Master
- Michael Sloan — Head Master Designate
Structured financials (annual return, FY ending 30/06/2025)
Register events
- Received assets from another charity (29/08/2025)
- Received assets from another charity (26/04/2022)
Trustees
- David Michael Berman
- Ian Peck
- Isabel Dolan
- MARK HALL
- MARK TIMOTHY JOHN SISMEY-DURRANT
- ROGER MARKS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £2.7m | £1.5m |
| 30/06/2024 | £2.2m | £815k |
| 30/06/2023 | £1.3m | £600k |
| 30/06/2022 | £556k | £457k |
| 30/06/2021 | £1.0m | £659k |
Common questions
Is Bedford School Foundation Trust financially healthy?
The accounts state that total net assets increased to £24,737,211, with unrestricted funds totaling £3,486,458. The Trustees report that unrestricted reserves represent four years of average unrestricted income, which exceeds their policy target of one to two years' typical income. The independent auditors confirmed that there are no material uncertainties related to the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Haysmacintyre LLP.