THE F E CLEARY SCHOOLS FUND

Registered charity 243956 · accounts filings on the Charity Commission register

The furtherance of education and in particular the furtherance and assistance of Dame Alice Owen's School.

Objects

GENERAL CHARITABLE PURPOSES WITH PREFERENCE FOR THE FURTHERANCE OF EDUCATION AND IN PARTICULAR THE FURTHERANCE AND ASSISTANCE OF THE SCHOOLS FORMING PART OF THE DAME ALICE OWEN'S FOUNDATION.

Area of benefit: NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income
£67k
Latest spending
£825k
Registered
1965
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds decreased from £2,454,659 to £1,971,669 due to a net loss of £482,990, driven by grants totaling £808,889 to the beneficiary school. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Investment performance contributed a gain of £275,277, partially offsetting the expenditure on grants.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: UK listed investments (81% of income)
“UK listed investments 54,183” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: distribute net current income... at least 2.5% of the capital value of unrestricted funds (held: £2.0m)
“It is the aim of the Trustees to distribute the net current income over the following year to beneficiaries and that the distribution should be at least 2.5% of the capital value of unrestricted funds at the year end.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/12/2025£67k£825k
31/12/2024£53k£68k
31/12/2023£54k£81k
31/12/2022£49k£51k
31/12/2021£49k£40k

Common questions

Is THE F E CLEARY SCHOOLS FUND financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted funds decreased from £2,454,659 to £1,971,669 due to a net loss of £482,990, driven by grants totaling £808,889 to the beneficiary school. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Investment performance contributed a gain of £275,277, partially offsetting the expenditure on grants. Its FY2025 accounts were independently examined.