Charity Accounts Intelreading the accounts so you don’t have to

THE UNITED WESTMINSTER AND GREY COAT FOUNDATION

Registered charity 1181012 · accounts filings on the Charity Commission register

Latest income
£80.4m
Latest spending
£83.3m
Registered
2018
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the group reported a net reduction in funds of £3.4m for the year, primarily driven by a £1.7m loss on the revaluation of investment property and a £3.1m expense related to an increase in the pension deficit. Despite these charges, the group maintained a strong net asset position of £142.76m, with the Trustees confirming adequate resources to continue as a going concern.

What the accounts disclose

Reserves policy: £1,950k- £4,000k (held: £1.1m)
“The review of the reserves policy has identified a free reserves target range between £1,950k- £4,000k for 2025/2026” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Emanuel School General Charitable Trust
“bursaries amounting to £422k (2024: £332k) were paid to Emanuel School in the year. At the end of the year, the GCT had a debtor from Emanuel School of £105k.” — page 66
“The Foundation gave the school a grant of £248k and had £nil balance outstanding with the Foundation at the end of the financial year (2024: £nil).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Westminster City School
“bursaries amounting to £422k (2024: £332k) were paid to Emanuel School in the year. At the end of the year, the GCT had a debtor from Emanuel School of £105k.” — page 66
“The Foundation gave the school a grant of £248k and had £nil balance outstanding with the Foundation at the end of the financial year (2024: £nil).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grey Coat Hospital School
“bursaries amounting to £422k (2024: £332k) were paid to Emanuel School in the year. At the end of the year, the GCT had a debtor from Emanuel School of £105k.” — page 66
“The Foundation gave the school a grant of £248k and had £nil balance outstanding with the Foundation at the end of the financial year (2024: £nil).”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Dacre Activities Limited, Emanuel International Schools Limited, Lambe Education Limited, QAS Enterprises Limited, Townright Property Management Limited, BrainCanDo
“The Foundation has seven wholly owned subsidiaries: Dacre Activities Limited, Emanuel International Schools Limited, Lambe Education Limited, QAS Enterprises Limited, Townright Property Management Limited, BrainCanDo and Westminster Grey Coat Property Company Limited” — page 21
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

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

Total income
£80.4m
Total spending
£83.3m
Cost of raising funds
£2.1m
Reserves (reported)
£46.3m
Employees
891

Reported reserves equal ~6.7 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Register events

Trustees

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

Operates in: City Of Westminster · Kent · Reading · Wandsworth

Income and spending

Financial year endIncomeSpending
31/08/2025£80.4m£83.3m
31/08/2024£79.3m£76.5m
31/08/2023£72.1m£71.3m
31/08/2022£66.9m£66.5m
31/08/2021£60.4m£60.6m

Common questions

Is THE UNITED WESTMINSTER AND GREY COAT FOUNDATION financially healthy?

The accounts state that the group reported a net reduction in funds of £3.4m for the year, primarily driven by a £1.7m loss on the revaluation of investment property and a £3.1m expense related to an increase in the pension deficit. Despite these charges, the group maintained a strong net asset position of £142.76m, with the Trustees confirming adequate resources to continue as a going concern. Its FY2025 accounts were audited by HaysMac LLP.

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.

FunderSimilar charities fundedAmount to them
THE PALOMA FOUNDATION1£300k
THE CROSS TRUST1£50k
CORAM LIFE EDUCATION1£2k

Charities like this

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