THE SEDBERGH SCHOOL FOUNDATION
Latest income
£999k
Latest spending
£1.3m
Registered
2017
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that free reserves of £3,139,080 are in excess of the stated policy target of six months' unrestricted expenditure. The charity reports no material uncertainties regarding its ability to continue as a going concern, supported by sufficient liquidity to meet obligations as they fall due.
What the accounts disclose
Reserves policy: six months’ unrestricted expenditure (held: £3.1m)
“The reserves target is set at six months’ unrestricted expenditure.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants payable to Sedbergh School, a related party due to common trustees and the Headmaster being a trustee.
“During the year, grants amounting to £601,538 (2023: £933,239) were payable to Sedbergh School (“the School”). Sedbergh School is deemed a related party as the Headmaster of the School is also a trustee of the Foundation and there are two other common trustees between the School and the Foundation.” — page 24
“As set out in the Trustees Report and Note 2 to these accounts, Sedbergh School provides a number of services to the Foundation and, the Foundation Director and other staff are employed by Sedbergh School. Costs associated with this are recharged to the Foundation.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Recharged costs for services provided by Sedbergh School staff (Foundation Director and others).
“During the year, grants amounting to £601,538 (2023: £933,239) were payable to Sedbergh School (“the School”). Sedbergh School is deemed a related party as the Headmaster of the School is also a trustee of the Foundation and there are two other common trustees between the School and the Foundation.” — page 24
“As set out in the Trustees Report and Note 2 to these accounts, Sedbergh School provides a number of services to the Foundation and, the Foundation Director and other staff are employed by Sedbergh School. Costs associated with this are recharged to the Foundation.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Rental income from lease of Guldrey Lodge to the School.
“During the year, grants amounting to £601,538 (2023: £933,239) were payable to Sedbergh School (“the School”). Sedbergh School is deemed a related party as the Headmaster of the School is also a trustee of the Foundation and there are two other common trustees between the School and the Foundation.” — page 24
“As set out in the Trustees Report and Note 2 to these accounts, Sedbergh School provides a number of services to the Foundation and, the Foundation Director and other staff are employed by Sedbergh School. Costs associated with this are recharged to the Foundation.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/08/2025)
Total income
£999k
Total spending
£1.3m
Cost of raising funds
£430k
Reserves (reported)
£2.7m
Employees
0
Register events
- Received assets from another charity (29/06/2018)
Trustees
- ANTHONY WILLIAM SMITH
- Daniel Harrison
- Ian W Durrans
- MARCUS BAKER
- Richard Gledhill
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £999k | £1.3m |
| 31/08/2024 | £1.4m | £912k |
| 31/08/2023 | £2.3m | £1.2m |
| 31/08/2022 | £2.1m | £424k |
| 31/08/2021 | £3.3m | £612k |
Common questions
Is THE SEDBERGH SCHOOL FOUNDATION financially healthy?
The accounts state that free reserves of £3,139,080 are in excess of the stated policy target of six months' unrestricted expenditure. The charity reports no material uncertainties regarding its ability to continue as a going concern, supported by sufficient liquidity to meet obligations as they fall due. Its FY2024 accounts were audited by HaysMac LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 02/02/2017 | £27k | "Casterton School: Celebrating 190 years of women's education" |
| The National Lottery Heritage Fund | 22/01/2015 | £76k | "The Pepperpot Project" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHIPPING SODBURY TOWN LANDS CHARITY | 1 | £52k |
| THE CHARLES SKEY CHARITABLE TRUST | 1 | £50k |