ST OLAVE'S & ST SAVIOUR'S SCHOOLS FOUNDATION CIO
The objects of the Foundation are to support the provision of education by the two schools of the Foundation, St Olave's & St Saviour's Grammar School, Orpington and St Saviour's & St Olave's School, Southwark; to support the education of young people under the age of 25 in Southwark either directly or through other organisations; and to support the choir of Southwark Cathedral.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased by £246,326 to £2,317,510 due to a deficit on unrestricted funds. The trustees confirm the charity remains a going concern, supported by cash reserves equivalent to eight months of anticipated overhead expenditure and grant giving.
What the accounts disclose
“One employee received remuneration of between £70,000 and £79,999 in the year” — page 31
“One employee received remuneration of between £70,000 and £79,999 in the year” — page 31
“The major sources of income during the year were property rents £845,875” — page 8
“Mr S Parry is the representative of the Foundation on the Board of Trustees of The Dulwich Estate, from which the Foundation received distributions of £253,294” — page 40
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (16/06/2021)
Trustees
- John Edward Majorchair
- Adrian Boyd
- Adrian Smith
- David McBride
- Elizabeth Edwards
- James Rothwell
- James de Sausmarez
- Laura Johnson
- Louise Harris
- Rachel Bentley
- Robert Highmore
- Sarah McCourt
- Stephen John Parry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.7m |
| 31/03/2024 | £1.3m | £1.6m |
| 31/03/2023 | £1.3m | £1.4m |
| 31/03/2022 | £1.2m | £1.4m |
| 31/03/2021 | £1.0m | £1.4m |
Common questions
Is ST OLAVE'S & ST SAVIOUR'S SCHOOLS FOUNDATION CIO financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased by £246,326 to £2,317,510 due to a deficit on unrestricted funds. The trustees confirm the charity remains a going concern, supported by cash reserves equivalent to eight months of anticipated overhead expenditure and grant giving. Its FY2025 accounts were audited by Godfrey Wilson Limited.
What does the highest-paid employee of ST OLAVE'S & ST SAVIOUR'S SCHOOLS FOUNDATION CIO earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE | 2 | £1.1m |
| THE APAX FOUNDATION | 1 | £45k |
| THE HEADLEY TRUST | 1 | £30k |
| CATHEDRAL MUSIC TRUST | 1 | £18k |
| WESTHILL ENDOWMENT | 1 | £4k |
| FRAZER TRUST | 1 | £2k |
| HYMNS ANCIENT AND MODERN LIMITED | 1 | £500 |
Charities like this
- ST OLAVE, ST THOMAS AND ST JOHN UNITED CHARITY
- ST OLAVE'S SCHOOL TRUST
- THE CATHEDRAL AND COLLEGIATE CHURCH OF SAINT SAVIOUR AND SAINT MARY OVERIE, SOUTHWARK
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OLAVE WITH ST GILES, YORK
- THE CITY AND DIOCESE OF LONDON VOLUNTARY SCHOOLS FUND
- SEVENOAKS SCHOOL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST OLAVE'S & ST SAVIOUR'S SCHOOLS FOUNDATION CIO | £1.3m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| ST OLAVE, ST THOMAS AND ST JOHN UNITED CHARITY | £432k | — | 0 | unclear | — | no doubt |
| ST OLAVE'S SCHOOL TRUST | £3.4m | £70,001 - £80,000 | — | unclear | — | no doubt |
| THE CATHEDRAL AND COLLEGIATE CHURCH OF SAINT SAVIOUR AND SAINT MARY OVERIE, SOUTHWARK | £3.3m | unclear | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OLAVE WITH ST GILES, YORK | £360k | — | 0 | above | — | no doubt |
| THE CITY AND DIOCESE OF LONDON VOLUNTARY SCHOOLS FUND | £314k | — | 0 | above | — | no doubt |