RENDCOMB COLLEGE
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £171,231 for the year ended 31 August 2024, driven by a significant reduction in donations from the Rendcomb College Foundation. Per the trustees' report, while operational income from charitable activities increased, the charity is forecasting a future loss before depreciation of £339,809, with reserves projected to be exhausted in approximately 24 months if current trends continue.
What the accounts disclose
“those reserves will run out in circa 24 months and therefore we recommend that the College balances its budget soon or sources alternative income streams to support its educational activities.”
“An accrual for Agency fees to Rendcomb Services Limited of £16,708 has been recognised to ensure the fees for the year match up with those recognised in the trading company.” — page 84
“Within trade debtors is an amount of £200,000 owed from Rendcomb College Foundation. Since this is a balance owed from a related party, we have presented it separately in the balance sheet.” — page 87
“An accrual for Agency fees to Rendcomb Services Limited of £16,708 has been recognised to ensure the fees for the year match up with those recognised in the trading company.” — page 84
“Within trade debtors is an amount of £200,000 owed from Rendcomb College Foundation. Since this is a balance owed from a related party, we have presented it separately in the balance sheet.” — page 87
“An accrual for Agency fees to Rendcomb Services Limited of £16,708 has been recognised to ensure the fees for the year match up with those recognised in the trading company.” — page 84
“Within trade debtors is an amount of £200,000 owed from Rendcomb College Foundation. Since this is a balance owed from a related party, we have presented it separately in the balance sheet.” — page 87
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Nicholas John Fordchair
- ANTHONY ROGER MARCHAND
- Elizabeth Sara ARKLE
- Emilie Wharton Bryant
- HENRY ROBINSON MA DL
- LINDA Hamilton SINGER
- MR R WILLS
- Prudence Ann Hornby
- SHAUN David Edward PARSONS TD
- Vanessa Katy Baron
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £9.5m | £9.5m |
| 31/08/2024 | £9.5m | £9.7m |
| 31/08/2023 | £8.8m | £8.8m |
| 31/08/2022 | £7.8m | £8.0m |
| 31/08/2021 | £7.3m | £7.5m |
Common questions
Is RENDCOMB COLLEGE financially healthy?
The accounts state that the charity reported a net expenditure of £171,231 for the year ended 31 August 2024, driven by a significant reduction in donations from the Rendcomb College Foundation. Per the trustees' report, while operational income from charitable activities increased, the charity is forecasting a future loss before depreciation of £339,809, with reserves projected to be exhausted in approximately 24 months if current trends continue. Its FY2024 accounts were audited by Hazlewoods.