ROYAL MILITARY ACADEMY SANDHURST COMMANDANT'S FUND
To provide capital & income for the Commandant Royal Military Academy Sandhurst to use for the benefit of the Officer Cadets and other personnel at the Royal Military Academy Sandhurst; To manage the site and historic infrastructure of the Academy.The fund continues to support the Sandhurst Collection and improve building projects within the Academy by use of the restricted purpose funds received.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £10,149,720, which represents a decrease from the previous year's £10,575,145 due to a net expenditure of £425,425. This net result was driven by a significant unrealized loss on investments of £483,498, which outweighed the charitable expenditure of £247,134 against investment income of £305,206. The trustees confirm that the reserves are maintained at a suitable level to ensure continued income flow and that there are no material uncertainties regarding the charity's ability to continue.
What the accounts disclose
“The reserves which reflect the investment portfolio and cash deposits are also maintained at a suitable level.”
“The Sandhurst Development Trust (charity) is a related party of this charity. during the year loans of £22,150 were made to the Sandhurst Development Trust on an interest free basis. At 31st March 2025 the balance outstanding was £22,150.” — page 18
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Major General Nicholas Cowley OBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £305k | £247k |
| 31/03/2024 | £292k | £535k |
| 31/03/2023 | £1.0m | £594k |
| 31/03/2022 | £272k | £541k |
| 31/03/2021 | £311k | £346k |
Common questions
Is ROYAL MILITARY ACADEMY SANDHURST COMMANDANT'S FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £10,149,720, which represents a decrease from the previous year's £10,575,145 due to a net expenditure of £425,425. This net result was driven by a significant unrealized loss on investments of £483,498, which outweighed the charitable expenditure of £247,134 against investment income of £305,206. The trustees confirm that the reserves are maintained at a suitable level to ensure continued income flow and that there are no material uncertainties regarding the charity's ability to continue. Its FY2025 accounts were audited by Fuller Spurling.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ARTILLERY INSTITUTION LIMITED | 1 | £1.3m |
| THE DORFMAN FOUNDATION | 1 | £193k |
| REUBEN FOUNDATION | 1 | £159k |
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £30k |
| THE SUNRISE (SIDMOUTH) CHARITABLE TRUST | 1 | £7k |
| NICK JENKINS FOUNDATION | 1 | £5k |
| THE ANTHONY AND ELIZABETH MELLOWS CHARITABLE SETTLEMENT | 1 | £3k |
| FRAZER TRUST | 1 | £3k |
Charities like this
- SANDHURST TRUST
- ROYAL ARTILLERY INSTITUTION LIMITED
- WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS
- ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST
- ROYAL ARTILLERY CHARITABLE FUND
- ROYAL ARTILLERY MUSEUM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ROYAL MILITARY ACADEMY SANDHURST COMMANDANT'S FUND | £305k | — | 0 | unclear | — | no doubt |
| SANDHURST TRUST | £988k | — | 0 | unclear | — | no doubt |
| ROYAL ARTILLERY INSTITUTION LIMITED | £951k | — | 0 | above | — | no doubt |
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | £171k | — | 0 | unclear | — | no doubt |
| ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST | £730k | — | 0 | above | — | no doubt |
| ROYAL ARTILLERY CHARITABLE FUND | £1.8m | — | 0 | above | 0.6% | no doubt |