THE WESTMINSTER SCHOOL FOUNDATION (UK) LIMITED
Activities have been aimed at receiving tax-efficient donations to enable the making of charitable grants to support education for the public benefit at or in connection with Westminster School. In future, the Charity plans to support projects such as the award of bursaries to enable 'needs-blind' admission, refurbishment of Little Dean's Yard and the new Sports Centre.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £315,535 against a stated operational reserves policy target of £13,000. The charity reported total incoming resources of £333,333 and total expenditure of £13,479 for the year, resulting in a significant surplus. The trustees confirm sufficient working capital and no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Income from: Donations and legacies 333,333”
“The policy is not to hold significant amounts in reserve, however, to leave sufficient funds to support the Foundation’s operational requirements being its administrative expenses for 18 months, being £13k.”
“At 31 December 2024, the Foundation owed £12,126 to Westminster School for the payment of independent examination fees, corporation tax services and company secretarial fees (2023: £4,200 for independent examination fees). There were no other related party transactions in the year.” — page 14
Trustees
- Dr ELAINE POTTER
- Lord David Edmond Neuberger
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £105 | £323k |
| 31/12/2024 | £333k | £13k |
| 31/12/2023 | £50 | £8k |
| 31/12/2022 | £0 | £7k |
| 31/12/2021 | £0 | £7k |
Common questions
Is THE WESTMINSTER SCHOOL FOUNDATION (UK) LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £315,535 against a stated operational reserves policy target of £13,000. The charity reported total incoming resources of £333,333 and total expenditure of £13,479 for the year, resulting in a significant surplus. The trustees confirm sufficient working capital and no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.