WOLVERHAMPTON GRAMMAR SCHOOL LIMITED
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £14,913k, with unrestricted free reserves reaching £2,504k. The charity reports a net gain of £278k for the year, driven by a reduction in charitable expenditure to £11,320k despite a slight decrease in fee income. The trustees confirm adequate resources for the foreseeable future, noting that salary costs as a percentage of net fee income improved to 74.4% from 82.3% in the prior year.
What the accounts disclose
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Shaun Aldischair
- Andrew Hymer
- Bruce Jones
- Claire Gilbert
- FAYE SUMMERS
- Jaspal Sohal
- Jasper Chandel
- Stephen Burke
- Sukhjot Dhami
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £11.6m | £11.3m |
| 31/08/2024 | £12.9m | £12.7m |
| 31/08/2023 | £10.8m | £11.0m |
| 31/08/2022 | £10.2m | £10.0m |
| 31/08/2021 | £9.6m | £8.9m |
Common questions
Is WOLVERHAMPTON GRAMMAR SCHOOL LIMITED financially healthy?
The accounts state that total funds increased to £14,913k, with unrestricted free reserves reaching £2,504k. The charity reports a net gain of £278k for the year, driven by a reduction in charitable expenditure to £11,320k despite a slight decrease in fee income. The trustees confirm adequate resources for the foreseeable future, noting that salary costs as a percentage of net fee income improved to 74.4% from 82.3% in the prior year. Its FY2025 accounts were audited by Crowe UK LLP.
Who funds WOLVERHAMPTON GRAMMAR SCHOOL LIMITED?
Funders whose own accounts filings name WOLVERHAMPTON GRAMMAR SCHOOL LIMITED as a grant recipient include The Merchant Taylors' Foundation.
Known funders
| Funder | Year | Amount |
|---|---|---|
| The Merchant Taylors' Foundation | FY2022 | £15k |
| The Merchant Taylors' Foundation | FY2022 | £600 |