QUEEN MARY'S SCHOOLS FOUNDATION
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.
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.
What the accounts disclose
“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
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Daniel Hunt
- JOHN NICHOLAS PUNCH FRICS
- John MacDonald Waters
- Katrina Nicole Healey-Davis
- Neil Christopher Moseley
- Paul Lee
- REBECCA ELIZABETH HEARSEY
- Timothy Normanton
- VIVIAN MARGARET FAIRBANK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| M.G.S. TRUST | 1 | £9.9m |
| THE PRESTON FAMILY CHARITABLE SETTLEMENT | 1 | £250k |
| THE SAVOY EDUCATIONAL TRUST | 1 | £66k |
| THE ROTHES CHARITABLE TRUST | 1 | £25k |
| THE PETER KERSHAW TRUST | 1 | £18k |
| THE FARRINGDON HOUSE SCHOOL CHARITABLE TRUST | 1 | £16k |
| HULME TRUST ESTATES (EDUCATIONAL) | 1 | £14k |
| THE GRAND LODGE OF MARK MASTER MASONS' FUND OF BENEVOLENCE | 1 | £4k |
Charities like this
- QUEEN ELIZABETH I FOUNDATION
- QUEEN MARY, UNIVERSITY OF LONDON FOUNDATION
- QUEEN MARY'S SCHOOL (BALDERSBY) LTD
- ST MARY'S SCHOOL (CALNE)
- QUEEN MARY UNIVERSITY OF LONDON STUDENTS' UNION LIMITED
- MOUNT ST MARY'S
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| QUEEN MARY'S SCHOOLS FOUNDATION | £3.3m | — | — | unclear | — | no doubt |
| QUEEN ELIZABETH I FOUNDATION | £119k | — | 0 | unclear | — | no doubt |
| QUEEN MARY, UNIVERSITY OF LONDON FOUNDATION | £1.9m | — | 0 | below | — | no doubt |
| QUEEN MARY'S SCHOOL (BALDERSBY) LTD | £4.6m | — | — | above | — | no doubt |
| ST MARY'S SCHOOL (CALNE) | £18.5m | — | — | unclear | — | no doubt |
| QUEEN MARY UNIVERSITY OF LONDON STUDENTS' UNION LIMITED | £7.3m | — | 5 | below | — | no doubt |