THE LONDON NAUTICAL SCHOOL FUND
The School Fund is beneficial to the school community by providing our students with facilites, resources and experiences, that they might not otherwise have access to. This could include access to sailing and watersports facilities, trips and equipment such as ICT or sporting resources which cannot be provided from within the main school budget.
Objects
THE OBJECTS OF THE CHARITY ('THE OBJECTS') ARE:TO ADVANCE THE EDUCATION OF THE STUDENTS OF THE SCHOOL BY PROVIDING AND ASSISTING IN THE PROVISION OF FACILITIES FOR EDUCATION AT THE SCHOOL (NOT NORMALLY PROVIDED BY ITS NORMAL FUNDING BODY) AND AS AN ANCILLARY THERETO AND IN FURTHERANCE OF THE OBJECTS THE ASSOCIATION MAY: -A) FOSTER MORE EXTENDED RELATIONSHIPS BETWEEN THE STAFF, PARENTS AND OTHERS ASSOCIATED WITH THE SCHOOL,ANDB) ENGAGE IN ACTIVITIES WHICH SUPPORT THE SCHOOL AND ADVANCE THE EDUCATION OF THE STUDENTS ATTENDING IT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £26,582 for the year ended 31 March 2025, resulting in a decrease in total fund balances from £90,476 to £63,894. The trustees maintain that unrestricted funds are held at a level equivalent to between three and six months of expenditure, a policy they confirm has been maintained throughout the year. The charity is exempt from taxation and has no employees whose remuneration exceeded £60,000.
What the accounts disclose
“It is the policy of the charity that unrestricted funds should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Social media policy and procedures
Trustees
- ARCHIBOLD SMITH
- Jayne Qureshi
- Michael Schofield Mr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £68k | £95k |
| 31/03/2024 | £84k | £68k |
| 31/03/2023 | £88k | £58k |
| 31/03/2022 | £31k | £7k |
| 31/03/2021 | £30k | £32k |
Common questions
Is THE LONDON NAUTICAL SCHOOL FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £26,582 for the year ended 31 March 2025, resulting in a decrease in total fund balances from £90,476 to £63,894. The trustees maintain that unrestricted funds are held at a level equivalent to between three and six months of expenditure, a policy they confirm has been maintained throughout the year. The charity is exempt from taxation and has no employees whose remuneration exceeded £60,000. Its FY2025 accounts were independently examined.