THE CLITHEROE ROYAL GRAMMAR SCHOOL FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that total funds decreased from £6,015,265 to £5,982,379 due to a net expenditure of £451,942, primarily driven by investment losses. The charity maintains unrestricted reserves of £602,403, which the trustees consider sufficient to cover management costs and respond to grant applications. The going concern basis was adopted with no material uncertainties identified.
What the accounts disclose
“it is the policy of the Trustees to maintain year-end total balances in the Foundation's bank accounts at a level that is between half and one year's annual expenditure taken as an average of the previous three years.” — page 6
“RVBC have informed the Trustees, that as a result of a change in policy, they are no longer nominating trustees for types of organisations like the Foundation.” — page 4
Register events
- Received assets from another charity (12/08/2019)
Trustees
- Dr ANDREW DAVID CLAYTONchair
- Alan Edwin Rogers
- Alan Joseph Hawkins
- Hilary Frances Wilson
- James David Lloyd Evans
- Jonathan Stanley Sutton
- Oliver Ashley Nowell
- Rachel Jane Lane
- SAMUEL GEOFFREY ISHERWOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £209k | £230k |
| 31/08/2024 | £203k | £133k |
| 31/08/2023 | £181k | £152k |
| 31/08/2022 | £175k | £166k |
| 31/08/2021 | £163k | £365k |
Common questions
Is THE CLITHEROE ROYAL GRAMMAR SCHOOL FOUNDATION financially healthy?
The accounts state that total funds decreased from £6,015,265 to £5,982,379 due to a net expenditure of £451,942, primarily driven by investment losses. The charity maintains unrestricted reserves of £602,403, which the trustees consider sufficient to cover management costs and respond to grant applications. The going concern basis was adopted with no material uncertainties identified. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TOMLINSON FAMILY CHARITABLE TRUST | 1 | £225k |
| The Brindle Foundation | 1 | £14k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £9k |