THE OLD ELTHAMIANS' CHARITABLE TRUST
1.to advance education of persons anywhere in the world with preference for pupils and former pupils of Eltham College and/or to or for the said school or for any of its undertakings.2.to promote community participation in healthy recreation, including the provision of facilities for the advancement of amateur sport, mainly in the London Boroughs of Bromley, Lewisham and Greenwich.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £959,432, which includes significant non-liquid assets such as freehold property valued at £634,324. The charity reported a small operating surplus of £47 before investment gains, with total income of £81,693 closely matching total expenditure of £81,646. The independent auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“This remains consistent with its previously declared policy of reserving sufficient funds to enable it to continue direct fundraising activity for one year in the event of an unforeseen drop in income and reserving sufficient funds to enable the Charity to support all pupils to whom a Bursary had been awarded until the end of their respective attendances at the School.” — page 5
“A donation of £20,000 (2024 : £31,000) was received during the year from the Old Elthamians Association, Russell Dellar is a Director/Trustee of both organisations.” — page 15
Property (HM Land Registry)
Trustees
- Martin James Holcombe
- NEALE HOULDEN
- RUSSELL JON DELLAR
- TIMOTHY HADEN-SCOTT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £82k | £82k |
| 31/08/2024 | £85k | £87k |
| 31/08/2023 | £73k | £80k |
| 31/08/2022 | £71k | £51k |
| 31/08/2021 | £84k | £57k |
Common questions
Is THE OLD ELTHAMIANS' CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £959,432, which includes significant non-liquid assets such as freehold property valued at £634,324. The charity reported a small operating surplus of £47 before investment gains, with total income of £81,693 closely matching total expenditure of £81,646. The independent auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Azets Audit Services.