QUEEN MARY'S SCHOOLS FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves of £601,708 fall within the trustees' stated policy target of three to six months of unrestricted expenditure. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the trustees that unrestricted funds which have not been designated for a specific use should be maintained at a level which will ensure that, in the event of a significant drop in income, they will be able to continue the charity's current activities for a period in between three to six months” — page 8
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?
The accounts state that unrestricted reserves of £601,708 fall within the trustees' stated policy target of three to six months of unrestricted expenditure. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Wallace Crooke Chartered Accountants.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MOUNT SCHOOL YORK FOUNDATION | 1 | £25k |
| THE FAVERSHAM MUNICIPAL CHARITIES 2010 | 1 | £2k |