UPPINGHAM SCHOOL
Uppinghm is a full boarding school for boys and girls aged between 13 and 18 years of age.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £3,356,629 for the year, driven by exceptional closure costs of £2,815,040 associated with the Maidwell Hall site. Despite this deficit, the trustees confirm that unrestricted funds remain substantial at £61,035,041 and that cash reserves are adequate to meet obligations as they fall due, supporting a going concern basis.
What the accounts disclose
“The Charity’s principal funding sources were School fees (89% of incoming resources)” — page 14
“The School’s policy is to operate with a deficit on free reserves and, over the foreseeable future, to continue to finance these two programmes through annual surpluses and borrowed funds. This policy is managed prudently by ensuring that cash ‘headroom’ (defined as cash balances plus available bank overdraft) never falls below £3 million.”
“The School paid £410 (2024: £150) to Oakham School for match entry fees and attendance at a training course. One of the Trustees is also a Trustee of Oakham School.” — page 48
“The School paid £702 (2024: £4,410) to the Curve Theatre for theatre tickets under an arms-length agreement. One of the Trustees is also a trustee of Leicester Theatre Trust, as is one of the School’s key management personnel who does not manage the contractual relationship.” — page 48
“The School paid £410 (2024: £150) to Oakham School for match entry fees and attendance at a training course. One of the Trustees is also a Trustee of Oakham School.” — page 48
“The School paid £702 (2024: £4,410) to the Curve Theatre for theatre tickets under an arms-length agreement. One of the Trustees is also a trustee of Leicester Theatre Trust, as is one of the School’s key management personnel who does not manage the contractual relationship.” — page 48
“The School paid £410 (2024: £150) to Oakham School for match entry fees and attendance at a training course. One of the Trustees is also a Trustee of Oakham School.” — page 48
“The School paid £702 (2024: £4,410) to the Curve Theatre for theatre tickets under an arms-length agreement. One of the Trustees is also a trustee of Leicester Theatre Trust, as is one of the School’s key management personnel who does not manage the contractual relationship.” — page 48
“The School carries out its UK trading operations through two wholly owned subsidiary companies, Uppingham School Enterprises Limited and Uppingham School (Construction) Limited.” — page 15
Leadership, per the charity’s website
- Dr Richard J Maloney — Headmaster
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (28/10/2025)
- Received assets from another charity (18/06/2025)
Trustees
- Adam Willis George Poulter
- Anthony Edward Timpson CBE KC
- Charles Lewis
- Christopher King
- Clare Colacicchi
- Cynthia Alers
- DYLAN JONES
- Dominic Laurence Carden Wallis Mr
- Dr JONATHAN SCOTT
- Geoffrey Sebastian Christopher Price
- Juliet Jaggs
- Katharine Gaine
- Keith Budge
- LUCY JANE WOMACK
- Michelle Fairfax
- Nicholas Robert Jackson
- Sarah Furness DR
- Very Reverend Christopher Dalliston
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £43.0m | £46.3m |
| 31/08/2024 | £43.0m | £43.0m |
| 31/08/2023 | £40.5m | £39.5m |
| 31/08/2022 | £33.5m | £33.3m |
| 31/08/2021 | £30.5m | £30.9m |
Common questions
Is UPPINGHAM SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £3,356,629 for the year, driven by exceptional closure costs of £2,815,040 associated with the Maidwell Hall site. Despite this deficit, the trustees confirm that unrestricted funds remain substantial at £61,035,041 and that cash reserves are adequate to meet obligations as they fall due, supporting a going concern basis. Its FY2025 accounts were audited by Crowe U.K. LLP.
Who funds UPPINGHAM SCHOOL?
Funders whose own accounts filings name UPPINGHAM SCHOOL as a grant recipient include THE COPPING JOYCE FOUNDATION, The Ross Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE COPPING JOYCE FOUNDATION | FY2025 | £173k | bursaries |
| The Ross Foundation | FY2024 | £359 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £1.5m |
| THE CADOGAN CHARITY | 1 | £300k |
| THE PETER KERSHAW TRUST | 1 | £4k |
Charities like this
- WALHAMPTON SCHOOL TRUST LTD.
- Hulme Grammar School
- HEATHFIELD SCHOOL
- ST EDMUND'S SCHOOL TRUST LIMITED
- HAMPTON SCHOOL
- HALLIFORD SCHOOL LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| UPPINGHAM SCHOOL | £43.0m | — | — | unclear | — | no doubt |
| WALHAMPTON SCHOOL TRUST LTD. | £6.4m | — | — | unclear | — | no doubt |
| Hulme Grammar School | £10.6m | £90,001 - £100,000 | — | unclear | — | no doubt |
| HEATHFIELD SCHOOL | £0 | — | — | below | — | noted |
| ST EDMUND'S SCHOOL TRUST LIMITED | £17.3m | £230,000 - £240,000 | — | above | — | no doubt |
| HAMPTON SCHOOL | £35.7m | — | — | below | — | no doubt |