WEMBLEY EDUCATIONAL CHARITABLE TRUST
Advance the education of pupils in the French education system in the United Kingdom in particular but without limitation by providing premises/facilities in the Wembley area offering a French curriculum, providing assistance in establishing, maintaining, carrying on, managing and developing the school; ancillary educational and other charitable activities for the benefit of the community at large
Financial health, per its FY2024 accounts
The accounts state that total funds decreased to £7,620,000 from £7,793,000 in the prior year, driven by a net expenditure of £173,000 which included a significant £1,299,000 impairment charge on programme-related investments. Free reserves stood at £1,622,000, representing approximately 1.5 times the net operating income, a level the trustees consider adequate to meet liabilities as they fall due. The charity remains dependent on rental income from tenant schools, with the financial situation of Lycée Churchill described as fragile due to declining enrolments and economic pressures.
What the accounts disclose
“The trustees regularly monitor the cash position of the charity to ensure that there are sufficient funds for capital projects and the running of the charity, including the servicing of bank finance. In particular, at the current time, the reserves need to be sufficient to enable the charity to operate in the current downgraded economic situation.” — page 5
Corporate structure
- Registered company of the charity Companies House 08681480
Company officers (Companies House)
- BLAIR, Annabel Emma on trustee list
- BOWLES, Jack Marie Henry David on trustee list
- VEDRENNE-CLOQUET, Benjamin Jacques Andre Michel on trustee list
- FAIRBAIRN, Richard Michael on trustee list
- VAISSIÉ, Arnaud Paul Alain not on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (14/11/2019)
- Received assets from another charity (28/10/2019)
Trustees
- ARNAUD VAISSIE
- Annabel Emma BLAIR
- Benjamin Jacques Andre Michel Vedrenne-Cloquet
- JACK MARIE HENRY DAVID BOWLES
- RICHARD FAIRBAIRN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.8m | £2.9m |
| 31/12/2023 | £2.8m | £2.1m |
| 31/12/2022 | £3.1m | £3.0m |
| 31/12/2021 | £3.2m | £6.0m |
| 31/12/2020 | £2.8m | £2.8m |
Common questions
Is WEMBLEY EDUCATIONAL CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total funds decreased to £7,620,000 from £7,793,000 in the prior year, driven by a net expenditure of £173,000 which included a significant £1,299,000 impairment charge on programme-related investments. Free reserves stood at £1,622,000, representing approximately 1.5 times the net operating income, a level the trustees consider adequate to meet liabilities as they fall due. The charity remains dependent on rental income from tenant schools, with the financial situation of Lycée Churchill described as fragile due to declining enrolments and economic pressures. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REECE FOUNDATION | 1 | £90k |
| THE ROTHLEY TRUST | 1 | £5k |
Charities like this
- KT EDUCATIONAL CHARITABLE TRUST
- Highworth Grammar School Trust, School Fund
- WEMBLEY NATIONAL STADIUM TRUST
- THE NORTHUMBRIAN EDUCATIONAL TRUST LTD
- ALLIANCE FRANCAISE DE LONDRES LIMITED
- PETITE ECOLE D'EALING
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WEMBLEY EDUCATIONAL CHARITABLE TRUST | £2.8m | — | 0 | above | — | no doubt |
| KT EDUCATIONAL CHARITABLE TRUST | £1.9m | — | 0 | above | — | no doubt |
| Highworth Grammar School Trust, School Fund | £565k | — | 0 | unclear | — | no doubt |
| WEMBLEY NATIONAL STADIUM TRUST | £1.4m | — | 0 | unclear | — | no doubt |
| THE NORTHUMBRIAN EDUCATIONAL TRUST LTD | £2.9m | — | — | below | — | not going concern |
| ALLIANCE FRANCAISE DE LONDRES LIMITED | £152k | — | 0 | unclear | — | noted |