BROMSGROVE SCHOOL FOUNDATION
The raising of funds to support bursaries and capital projects at Bromsgrove School.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £2,165,611, which the Trustees consider sufficient for current commitments, though they have a medium-term target of raising funds to around £3m. The charity reported a net movement in funds of a loss of £10,308 for the year, driven by an unrealised investment loss of £50,009, despite receiving £131,960 in donations and legacies. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees have a medium term target of raising unrestricted funds to around £3m in order that future awards for life changing bursaries can be made.” — page 7
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?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £2,165,611, which the Trustees consider sufficient for current commitments, though they have a medium-term target of raising funds to around £3m. The charity reported a net movement in funds of a loss of £10,308 for the year, driven by an unrealised investment loss of £50,009, despite receiving £131,960 in donations and legacies. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABERDASHERS' ASKE'S CHARITY | 1 | £500k |
| THE APAX FOUNDATION | 1 | £45k |
Charities like this
- BROMSGROVE SCHOOL
- THE LUDGROVE SCHOOL FOUNDATION
- BROMLEY 'Y'
- THE BOLTON SCHOOL BURSARY FOUNDATION
- TRURO SCHOOL FOUNDATION LIMITED
- SEVENOAKS SCHOOL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BROMSGROVE SCHOOL FOUNDATION | £189k | — | 0 | unclear | — | no doubt |
| BROMSGROVE SCHOOL | £45.5m | — | — | below | — | no doubt |
| THE LUDGROVE SCHOOL FOUNDATION | £1.6m | — | 0 | unclear | — | no doubt |
| BROMLEY 'Y' | £3.0m | £70,001 - £80,000 | 3 | unclear | — | no doubt |
| THE BOLTON SCHOOL BURSARY FOUNDATION | £11.9m | — | 0 | no_policy | — | no doubt |
| TRURO SCHOOL FOUNDATION LIMITED | £371k | — | 0 | unclear | — | no doubt |