THE BOLTON SCHOOL BURSARY FOUNDATION
The advancement of education for the public benefit of those who need financial assistance in particular but not exclusively by the provision to Bolton School of bursary support for the benefit of pupils who would be unable to continue in education at the School or who would be unable to commence education at the School despite being accepted, without financial assistance.
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
“This comprised of bursary donations of £11.1 million (2024: £2.5 million) and dividends and interest income received of £0.7 million (2024: £0.5 million).” — page 5
“Target free reserves are nil, since all reserves and funds are restricted for the purpose of funding bursary grants to Bolton School.” — page 6
“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
Structured financials (annual return, FY ending 31/08/2025)
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?
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. Its FY2025 accounts were audited by Crowe UK LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABERDASHERS' ASKE'S CHARITY | 1 | £500k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £140k |
| EDWARD HOLT TRUST | 1 | £15k |
| Army Benevolent Fund | 1 | £7k |
Charities like this
- THE BOLTON GUILD OF HELP
- CLS BURSARY AND AWARDS FUND
- BROMSGROVE SCHOOL FOUNDATION
- THE BURFORD SCHOOL FOUNDATION
- CLSG BURSARY AND AWARDS FUND
- WELLINGBOROUGH SCHOOL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE BOLTON SCHOOL BURSARY FOUNDATION | £11.9m | — | 0 | no_policy | — | no doubt |
| THE BOLTON GUILD OF HELP | £249k | — | 0 | above | — | no doubt |
| CLS BURSARY AND AWARDS FUND | £167k | — | 0 | above | — | no doubt |
| BROMSGROVE SCHOOL FOUNDATION | £189k | — | 0 | unclear | — | no doubt |
| THE BURFORD SCHOOL FOUNDATION | £430k | — | 0 | unclear | — | no doubt |
| CLSG BURSARY AND AWARDS FUND | £1.4m | — | 0 | above | — | no doubt |