CITY OF LONDON FREEMEN'S SCHOOL BURSARY FUND
The aims of the City of London Freemen's School Bursary Fund are 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 accounts state that unrestricted free reserves stood at £259,481, which is above the stated minimum policy target of £10,000. The charity reported a net decrease in total funds of £21,004 for the year, driven by charitable expenditure exceeding income and investment gains.
What the accounts disclose
“Voluntary income amounting to £81,008 (2023/24: £67,412) was raised in 24/25, with further income from managed investments of £54,605 (2023/24: £44,925) and £15,085 (2023/24: £15,661) of interest from cash balances held.” — page 7
“The trustee believes that an amount of at least £10,000 should be held at present to meet future working capital needs, representing 12 months of administration expenses and independent examination fees.” — page 8
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £151k | £280k |
| 31/03/2024 | £128k | £185k |
| 31/03/2023 | £113k | £30k |
| 31/03/2022 | £174k | £43k |
| 31/03/2021 | £269k | £37k |
Common questions
Is CITY OF LONDON FREEMEN'S SCHOOL BURSARY FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted free reserves stood at £259,481, which is above the stated minimum policy target of £10,000. The charity reported a net decrease in total funds of £21,004 for the year, driven by charitable expenditure exceeding income and investment gains. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UK CHRISTIAN SCHOOLS LTD | 1 | £66k |
| THE BELLASIS TRUST | 1 | £10k |
Charities like this
- THE CITY AND DIOCESE OF LONDON VOLUNTARY SCHOOLS FUND
- CLS BURSARY AND AWARDS FUND
- EMANUEL SCHOOL GENERAL CHARITABLE TRUST
- The London Foundation for Banking & Finance
- THE BOLTON SCHOOL BURSARY FOUNDATION
- LONDON CHRISTIAN SCHOOL LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CITY OF LONDON FREEMEN'S SCHOOL BURSARY FUND | £151k | — | 0 | above | — | no doubt |
| THE CITY AND DIOCESE OF LONDON VOLUNTARY SCHOOLS FUND | £314k | — | 0 | above | — | no doubt |
| CLS BURSARY AND AWARDS FUND | £167k | — | 0 | above | — | no doubt |
| EMANUEL SCHOOL GENERAL CHARITABLE TRUST | £868k | — | 0 | within | — | no doubt |
| The London Foundation for Banking & Finance | £587k | — | 0 | above | — | no doubt |
| THE BOLTON SCHOOL BURSARY FOUNDATION | £11.9m | — | 0 | no_policy | — | no doubt |