COLFE'S SCHOOL
THE ADVANCEMENT OF EDUCATION FOR THE BENEFIT OF THE PUBLIC BY THE PROVISION AND CONDUCT OF A DAY SCHOOL FOR BOYS AND GIRLS IN OR NEAR THE LONDON BOROUGH OF LEWISHAM AND, IN SO FAR AS IT IS INCIDENTAL OR ANCILLARY TO THE ADVANCEMENT OF EDUCATION, SUCH OTHER PURPOSES FOR THE BENEFIT OF THE LOCAL COMMUNITY AS SHALL BE EXCLUSIVELY CHARITABLE.
Financial health, per its FY2025 accounts
The accounts state that consolidated funds increased by £1,788,000 to £24,775,000, driven by revenue fee growth and trading gains from the subsidiary. The trustees report sufficient unrestricted reserves of £7.2m against a policy target of £6.2m, and confirm no material uncertainties regarding the entity's ability to continue as a going concern despite sector-wide cost pressures.
What the accounts disclose
“The Policy is to hold sufficient general reserves to cover three month’s essential running costs.” — page 15
“During the year there were payments made from CLS of £82,861 to Colfe’s School in respect of payroll recharges and rent payable”
“Colfe’s Leisure Services Limited (CLS) is a wholly owned trading subsidiary of Colfe’s School.” — page 15
Funders the charity credits
- Leathersellers’ Company
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- MATTHEW PELLEREAUchair
- Damian Adam Paul King
- Daniel George Coulson
- Dr Nicola Jones
- Edward Alexander Dove
- James Russell
- Joseph Mafe
- Julie Anne Bradley
- Mark Edwin Russell
- Martin David John Dove
- Nicholas Hedley
- Nicholas Oliver Preston
- Professor Heidi de Wet
- Serena Cooke
- Timothy Norman Bramham Lister
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £27.7m | £26.1m |
| 31/08/2024 | £26.9m | £25.6m |
| 31/08/2023 | £24.9m | £24.0m |
| 31/08/2022 | £22.0m | £21.0m |
| 31/08/2021 | £19.4m | £18.6m |
Common questions
Is COLFE'S SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that consolidated funds increased by £1,788,000 to £24,775,000, driven by revenue fee growth and trading gains from the subsidiary. The trustees report sufficient unrestricted reserves of £7.2m against a policy target of £6.2m, and confirm no material uncertainties regarding the entity's ability to continue as a going concern despite sector-wide cost pressures. Its FY2025 accounts were audited by Crowe U.K. LLP.
Who funds COLFE'S SCHOOL?
Funders whose own accounts filings name COLFE'S SCHOOL as a grant recipient include The Leathersellers' Foundation, COLFE'S CHARITABLE TRUST.
Shared trustees with funders
- MATTHEW PELLEREAU — trustee here and at COLFE'S CHARITABLE TRUST
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| The Leathersellers' Foundation | FY2022 | £300k | Leathersellers' Scholarships |
| The Leathersellers' Foundation | FY2023 | £240k | Leathersellers' Scholarships |
| The Leathersellers' Foundation | FY2024 | £239k | Associated Schools - Colfe's School |
| COLFE'S CHARITABLE TRUST | FY2022 | £74k | Grants To Colfe's School (a connected Charity) |
| COLFE'S CHARITABLE TRUST | FY2024 | £60k | Provision for Bursaries and Scholarships for the Academic Year |
| COLFE'S CHARITABLE TRUST | FY2024 | £15k | Other Bursaries |
| COLFE'S CHARITABLE TRUST | FY2024 | £8k | Other Donations |
| COLFE'S CHARITABLE TRUST | FY2024 | £2k | Ukrainian Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BC Partners Foundation | 1 | £268k |
| The Merchant Taylors' Foundation | 1 | £58k |
| THE INTERNATIONAL BANKERS CHARITABLE TRUST | 1 | £46k |
| THE TIMOTHY FRANEY CHARITABLE FOUNDATION | 1 | £14k |
| THE WORSHIPFUL COMPANY OF ACTUARIES CHARITY | 1 | £12k |
| QUADSTAR CHARITABLE FOUNDATION | 1 | £5k |
Charities like this
- DULWICH COLLEGE
- DR CHALLONER'S SCHOOL EDUCATIONAL TRUST
- ST OLAVE'S SCHOOL TRUST
- HALCYON LONDON INTERNATIONAL SCHOOL
- THE CENTRAL FOUNDATION SCHOOLS OF LONDON
- THE DULWICH SCHOOL CRANBROOK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COLFE'S SCHOOL | £27.7m | — | — | above | — | no doubt |
| DULWICH COLLEGE | £59.4m | — | — | unclear | — | no doubt |
| DR CHALLONER'S SCHOOL EDUCATIONAL TRUST | £358k | — | 0 | within | — | no doubt |
| ST OLAVE'S SCHOOL TRUST | £3.4m | £70,001 - £80,000 | — | unclear | — | no doubt |
| HALCYON LONDON INTERNATIONAL SCHOOL | £5.9m | — | — | unclear | — | no doubt |
| THE CENTRAL FOUNDATION SCHOOLS OF LONDON | £1.7m | — | 0 | unclear | — | no doubt |