QUEEN MARY'S SCHOOLS FOUNDATION

Registered charity 1175360 · accounts filings on the Charity Commission register

The Foundation furthers the education of pupils attending the Schools of the Foundation and which are, namely, Mayfield Preparatory School, Queen Mary's Grammar School and Queen Mary's High School. Each of the Schools are based in Walsall, West Midlands.The Foundation assists pupils by the funding of prizes, scholarships and maintenance allowances.

Objects

THE OBJECTS OF THE CIO ARE THE ADVANCEMENT OF EDUCATION BY:(A) THE CONDUCT AND MAINTENANCE OF MAYFIELD PREPARATORY SCHOOL AND SUCH OTHER PREPARATORY SCHOOL OR SCHOOLS FOR THE EDUCATION OF GIRLS AND BOYS AS THE CHARITY TRUSTEES MAY FROM TIME TO TIME THINK FIT;(B) THE PROVISION OF PREMISES, SUPPORT, SERVICES AND FACILITIES FOR THE SCHOOLS OF THE FOUNDATION OR ANY FORMER SCHOOL OF THE FOUNDATION WHICH HAS BECOME AN ACADEMY WITHIN THE MEANING OF THE ACADEMIES ACT 2010; (C) THE AWARD OF:(I) SCHOLARSHIPS TENABLE TO ANY SCHOOL OF THE FOUNDATION TO PUPILS SELECTED ON GROUNDS OF MERIT;(II) LEAVING EXHIBITIONS, TO PUPILS WHO HAVE ATTENDED A SCHOOL OF THE FOUNDATION FOR AT LEAST TWO YEARS, TENABLE AT ANY UNIVERSITY OR OTHER INSTITUTION OF HIGHER OR FURTHER (INCLUDING PROFESSIONAL OR TECHNICAL) EDUCATION APPROVED BY THE CHARITY TRUSTEES OR FOR THE PURPOSE OF ENABLING THE EXHIBITOR TO PURSUE A COURSE OF STUDY APPROVED BY THEM;(III) MAINTENANCE ALLOWANCES FOR PUPILS WHO NEED FINANCIAL ASSISTANCE TO ATTEND ANY SCHOOL OF THE FOUNDATION; (IV) PRIZES OR OTHER SUITABLE REWARDS OR MARKS OF DISTINCTION TO ANY PUPIL WORTHY OF REWARD OR DISTINCTION; AND(D) OTHERWISE PROMOTING THE EDUCATION OF BOYS AND GIRLS ATTENDING THE SCHOOLS OF THE FOUNDATION IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Grant history (this charity is a funder) · Get email alerts

Latest income
£3.3m
Latest spending
£3.2m
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity made a surplus of £86,745 for the period, with total unrestricted funds of £980,334. The trustees concluded that no formal reserves policy was necessary as current assets were sufficient to accommodate known eventualities. The charity is considered to be in a sound financial position with no material uncertainties regarding its ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Trustees serving in other capacities
“Both Ms Hearsey and Mr Lee served as Foundation Trustees and Mercian Trustees. Mrs Fairbank and Mr Punch served as both Foundation Trustees and Mercian Trust Members.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Thapers Limited. Discloses 2 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

8 registered titles in England and Wales held by the charity’s company or corporate body (8 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£3.3m
Total spending
£3.2m
Cost of raising funds
£18k
Reserves (reported)
£689k
Employees
46

Reported reserves equal ~2.6 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.5% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Walsall

Income and spending

Financial year endIncomeSpending
31/08/2025£3.3m£3.2m
31/03/2024£2.3m£2.2m
31/03/2023£2.2m£2.2m
31/03/2022£2.1m£2.0m
31/03/2021£1.9m£1.9m

Common questions

Is QUEEN MARY'S SCHOOLS FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity made a surplus of £86,745 for the period, with total unrestricted funds of £980,334. The trustees concluded that no formal reserves policy was necessary as current assets were sufficient to accommodate known eventualities. The charity is considered to be in a sound financial position with no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Thapers Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with QUEEN ELIZABETH I FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
QUEEN MARY'S SCHOOLS FOUNDATION£3.3m——unclear—no doubt
QUEEN ELIZABETH I FOUNDATION FY2025£119k—0unclear—no doubt
QUEEN MARY, UNIVERSITY OF LONDON FOUNDATION FY2025£1.9m—0below—no doubt
QUEEN MARY'S SCHOOL (BALDERSBY) LTD FY2025£4.6m——above—no doubt
ST MARY'S SCHOOL (CALNE) FY2025£18.5m——unclear—no doubt
QUEEN MARY UNIVERSITY OF LONDON STUDENTS' UNION LIMITED FY2025£7.3m—5below—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.