CLS BURSARY AND AWARDS FUND
THE OBJECTIVE OF THIS TRUST IS TO CONTRIBUTE TOWARDS THE FEES PAYABLE TO THE SCHOOL BY PUPILS WHO WOULD BE UNABLE TO CONTINUE EDUCATION AT THE SCHOOL WITHOUT FINANCIAL ASSISTANCE OR WHO WOULD BE UNABLE TO COMMENCE EDUCATION AT THE SCHOOL DESPITE BEING ACCEPTED.
Financial health, per its FY2025 accounts
The charity reported total income of £167,425 and total expenditure of £131,312, resulting in a net increase in funds of £336,760 for the year. Unrestricted reserves stood at £288,582, which the trustees consider above the minimum level required to meet future working capital needs. The accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The key contributor to income was from investments, made up of investment income of £152,339” — page 7
“The Trustee believes that an amount of at least £7,000 should be held at present to meet future working capital needs, representing 12 months of administration and independent examination fees.”
Register events
- Received assets from another charity (04/02/2021)
- Received assets from another charity (08/01/2021)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £167k | £131k |
| 31/03/2024 | £140k | £154k |
| 31/03/2023 | £154k | £72k |
| 31/03/2022 | £203k | £242k |
| 31/03/2021 | £163k | £251k |
Common questions
Is CLS BURSARY AND AWARDS FUND financially healthy?
Per its FY2025 accounts: The charity reported total income of £167,425 and total expenditure of £131,312, resulting in a net increase in funds of £336,760 for the year. Unrestricted reserves stood at £288,582, which the trustees consider above the minimum level required to meet future working capital needs. The accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TOMLINSON FAMILY CHARITABLE TRUST | 1 | £225k |
| The Brindle Foundation | 1 | £14k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £9k |
Charities like this
- CLSG BURSARY AND AWARDS FUND
- THE CHOIR SCHOOLS ASSOCIATION BURSARY TRUST LIMITED
- CLIFTON COLLEGE DEVELOPMENT TRUST
- THE BOLTON SCHOOL BURSARY FOUNDATION
- CLIFTON COLLEGE ENDOWMENT FUND
- THE BURFORD SCHOOL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CLS BURSARY AND AWARDS FUND | £167k | — | 0 | above | — | no doubt |
| CLSG BURSARY AND AWARDS FUND | £1.4m | — | 0 | above | — | no doubt |
| THE CHOIR SCHOOLS ASSOCIATION BURSARY TRUST LIMITED | £322k | — | 0 | within | — | no doubt |
| CLIFTON COLLEGE DEVELOPMENT TRUST | £171k | — | 0 | unclear | — | no doubt |
| THE BOLTON SCHOOL BURSARY FOUNDATION | £11.9m | — | 0 | no_policy | — | no doubt |
| CLIFTON COLLEGE ENDOWMENT FUND | £170k | — | 0 | above | — | no doubt |