THE BOLTON SCHOOL BURSARY FOUNDATION
Latest income
£11.9m
Latest spending
£2.0m
Registered
2021
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total funds grew to £54.8 million, supported by a significant increase in donations to £11.1 million. The charity reports no free reserves as all funds are restricted for bursary grants, and the trustees confirm there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Reserves policy: nil
“Target free reserves are nil, since all reserves and funds are restricted for the purpose of funding bursary grants to Bolton School.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant and donation to connected charity Bolton School
“BSBF awarded £1.6million (2024: £1.5 million) by way of a bursary grant and donated £385,000 (2024: £Nil) during the year to Bolton School.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/08/2025)
Total income
£11.9m
Total spending
£2.0m
Cost of raising funds
£78k
Reserves (reported)
£0
Employees
0
Trustees
- Ian Riley
- MICHAEL THOMAS GRIFFITHS
- Nigel David Wightman
- Suvadip Banerjee
- William John Craven
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £11.9m | £2.0m |
| 31/08/2024 | £3.0m | £1.5m |
| 31/08/2023 | £19.1m | £1.4m |
| 31/08/2022 | £18.6m | £5k |
Common questions
Is THE BOLTON SCHOOL BURSARY FOUNDATION financially healthy?
The accounts state that total funds grew to £54.8 million, supported by a significant increase in donations to £11.1 million. The charity reports no free reserves as all funds are restricted for bursary grants, and the trustees confirm there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Crowe UK LLP.