BROMSGROVE SCHOOL FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves stood at £1,792,783, which the Trustees consider sufficient for current commitments, though below their medium-term target of £3m. The charity reported a net income of £58,954 and total funds carried forward of £1,810,480, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
Structured financials (annual return, FY ending 31/08/2021)
Trustees
- Matthew Taylorchair
- HIS HONOUR JUDGE RICHARD JOHN SAMUEL FOSTER
- JANE LODGE
- John Denby
- MARK ESCOLME
- Michael Luckman
- PHILIP BOWEN
- STEWART RONALD TOWE
- Stephen John Bradley
- THOMAS MATTHEW HORTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £189k | £149k |
| 31/08/2024 | £244k | £100k |
| 31/08/2023 | £279k | £153k |
| 31/08/2022 | £188k | £129k |
| 31/08/2021 | £541k | £55k |
Common questions
Is BROMSGROVE SCHOOL FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £1,792,783, which the Trustees consider sufficient for current commitments, though below their medium-term target of £3m. The charity reported a net income of £58,954 and total funds carried forward of £1,810,480, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2022 accounts were audited by Haysmacintyre LLP.