ROYAL FEMALE SCHOOL OF ART FOUNDATION
Latest income
£215k
Latest spending
£202k
Registered
2016
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £52,406 for the year, resulting in a decrease in total unrestricted funds to £12,461,097. The trustees confirm that the charity has adequate resources to continue as a going concern for the foreseeable future, supported by significant investment assets and cash reserves.
What the accounts disclose
Reserves policy: new, sustainable, reserve policy... expenses will no longer exceed income (held: £12.5m)
“Trustees made the decision to change to a new, sustainable, reserve policy as part of a new strategic plan, in which expenses will no longer exceed income.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grants to Mary Ward Settlement (nominated by Trustee Alison Lowton)
“Alison Lowton - nominated by the Mary Ward Settlement 9,000”
“Alexi Marmot - nominated by the Working Men's College 5,000”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grants to Working Men's College (nominated by Trustee Alexi Marmot)
“Alison Lowton - nominated by the Mary Ward Settlement 9,000”
“Alexi Marmot - nominated by the Working Men's College 5,000”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grants to University of the Arts London (nominated by Trustee John Parmiter)
“Alison Lowton - nominated by the Mary Ward Settlement 9,000”
“Alexi Marmot - nominated by the Working Men's College 5,000”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Lease of charity property by Mary Ward Settlement
“Alison Lowton - nominated by the Mary Ward Settlement 9,000”
“Alexi Marmot - nominated by the Working Men's College 5,000”
Per its FY2023 accounts as filed with the Charity Commission.
Register events
- Received assets from another charity (09/07/2019)
Trustees
- Adrian Capps
- Darius Farrokh Pocha
- Emeritus Professor Susan Ruth Corby
- Flora Mutuku
- Hannah Nashman
- Iain Pelling
- Rachel Catherine Brain
- Rev John Parmiter
- Sim Scavazza
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £215k | £202k |
| 31/07/2024 | £199k | £209k |
| 31/07/2023 | £172k | £154k |
| 31/07/2022 | £97k | £105k |
| 31/07/2021 | £96k | £102k |
Common questions
Is ROYAL FEMALE SCHOOL OF ART FOUNDATION financially healthy?
The accounts state that the charity reported a net expenditure of £52,406 for the year, resulting in a decrease in total unrestricted funds to £12,461,097. The trustees confirm that the charity has adequate resources to continue as a going concern for the foreseeable future, supported by significant investment assets and cash reserves. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE ABDALLA FOUNDATION | 1 | £7k |