THE F E CLEARY SCHOOLS FUND
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.
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.
What the accounts disclose
“UK listed investments 54,183” — page 10
“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.”
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Serious incident reporting policy and procedures
Trustees
- COMMODORE NICOLAS HENRY CHARLES TINDAL RN
- Christopher Francis Coulbeck
- Gary Kenneth Haigh
- Gill Keating
- Iain Duncan Francis Smedley
- MILES ANTHONY JENNER
- Mr R Ewan Harries
- Stephen Patrick Spencer-Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.