THE ROYAL GRAMMAR SCHOOL, HIGH WYCOMBE FOUNDATION CIO
Latest income
£843k
Latest spending
£892k
Registered
2018
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit of £802,218 for the year ended 31 March 2023, a significant shift from the previous year's surplus. Despite this deficit, the trustees confirmed that the charity has adequate resources to continue in operational existence, with unrestricted reserves of £7,844,768 held at year-end.
What the accounts disclose
Reserves policy: unrestricted reserves of the School and the Foundation combined to be no lower than £400,000; within which the Foundation’s unrestricted reserves will be no lower than £350,000 (held: £7.8m)
“The reserves policy, which is set in conjunction with the School Governors, is for the unrestricted reserves of the School and the Foundation combined to be no lower than £400,000; within which the Foundation’s unrestricted reserves will be no lower than £350,000.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The CIO is related to The Royal Grammar School, High Wycombe, which is an Academy Trust.
“The CIO is related to The Royal Grammar School, High Wycombe, which is an Academy Trust. As an Academy, The Royal Grammar School is a company limited by guarantee and an exempt charity. The Foundation was set up to support the school and make funds available to help with capital projects alongside embarking on specific fund-raising campaigns.” — page 9
“The Charity received income of £265,000 from Royal Grammar School High Wycombe for the lease on the boarding house.” — page 38
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Income from Royal Grammar School High Wycombe for lease of boarding house.
“The CIO is related to The Royal Grammar School, High Wycombe, which is an Academy Trust. As an Academy, The Royal Grammar School is a company limited by guarantee and an exempt charity. The Foundation was set up to support the school and make funds available to help with capital projects alongside embarking on specific fund-raising campaigns.” — page 9
“The Charity received income of £265,000 from Royal Grammar School High Wycombe for the lease on the boarding house.” — page 38
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Support provided to Royal Grammar School High Wycombe.
“The CIO is related to The Royal Grammar School, High Wycombe, which is an Academy Trust. As an Academy, The Royal Grammar School is a company limited by guarantee and an exempt charity. The Foundation was set up to support the school and make funds available to help with capital projects alongside embarking on specific fund-raising campaigns.” — page 9
“The Charity received income of £265,000 from Royal Grammar School High Wycombe for the lease on the boarding house.” — page 38
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Amounts owed to Royal Grammar School High Wycombe.
“The CIO is related to The Royal Grammar School, High Wycombe, which is an Academy Trust. As an Academy, The Royal Grammar School is a company limited by guarantee and an exempt charity. The Foundation was set up to support the school and make funds available to help with capital projects alongside embarking on specific fund-raising campaigns.” — page 9
“The Charity received income of £265,000 from Royal Grammar School High Wycombe for the lease on the boarding house.” — page 38
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Amounts owed by Royal Grammar School High Wycombe.
“The CIO is related to The Royal Grammar School, High Wycombe, which is an Academy Trust. As an Academy, The Royal Grammar School is a company limited by guarantee and an exempt charity. The Foundation was set up to support the school and make funds available to help with capital projects alongside embarking on specific fund-raising campaigns.” — page 9
“The Charity received income of £265,000 from Royal Grammar School High Wycombe for the lease on the boarding house.” — page 38
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£843k
Total spending
£892k
Cost of raising funds
£44k
Reserves (reported)
£8.5m
Employees
0
Register events
- Received assets from another charity (26/01/2022)
- Received assets from another charity (26/01/2022)
- Received assets from another charity (26/01/2022)
- Received assets from another charity (26/01/2022)
- Received assets from another charity (26/01/2022)
- Received assets from another charity (26/01/2022)
Trustees
- Roger William Baylychair
- IMRAN SHAZAD AFZAL
- Jamal Mohammad Iqbal
- MICHELE ELIZABETH JENNINGS
- PHILIP Brian WAYNE
- Richard Alexander Roberts
- Robert John Pickles
- SONIA MODRAY
- STEPHEN BILL DUNCOMBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £843k | £892k |
| 31/03/2024 | £791k | £1.1m |
| 31/03/2023 | £817k | £1.6m |
| 31/03/2022 | £569k | £483k |
| 31/03/2021 | £461k | £523k |
Common questions
Is THE ROYAL GRAMMAR SCHOOL, HIGH WYCOMBE FOUNDATION CIO financially healthy?
The accounts state that the charity reported a deficit of £802,218 for the year ended 31 March 2023, a significant shift from the previous year's surplus. Despite this deficit, the trustees confirmed that the charity has adequate resources to continue in operational existence, with unrestricted reserves of £7,844,768 held at year-end. Its FY2023 accounts were audited by MHA.