CENTRAL SCHOOL OF BALLET CHARITABLE TRUST LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £631,558 for the year ended 31 July 2025, primarily driven by non-cash depreciation and interest costs related to its property lease. Despite this loss, unrestricted reserves stood at £2,121,270, which the trustees consider sufficient to cover more than three months of operating expenditure in line with their policy. The charity remains dependent on reduced government grant funding and is actively working to diversify income streams to ensure long-term financial sustainability.
What the accounts disclose
“It is the policy of the School that unrestricted cash should, if possible, be maintained at a level equivalent to between three and six months expenditure.” — page 11
“The Charity has a wholly owned trading subsidiary, Ballet Central Limited, which did not trade during the year as its activities were incorporated within the School.” — page 10
Funders the charity credits
- The Abderrahim Crickmay Charitable Settlement
- The Big Give and The Reed Foundation
- The Gillian Fleet Bequest
- SE Franklin Trust Number 3
- The David and Jennifer Sieff Charitable Trust
- The Tabor Foundation
- Garfield Weston Foundation
- The Worshipful Company of Chartered Surveyors
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- CHARLOTTE SCHONBERGchair
- Alexander Charles Heathcote Tatham
- Christopher Hampson
- Dawn Farrow
- EDWARD THOMAS KEMP
- Elizabeth Edwards
- James Harvey
- Karina Anne Mowbray
- Kate Philpot
- Mark Goodey
- STEPHEN KANE
- Safron Susan Rose
- Susannah Jane Marsden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £3.4m | £4.0m |
| 31/07/2024 | £3.6m | £4.0m |
| 31/07/2023 | £3.1m | £3.9m |
| 31/07/2022 | £2.7m | £3.3m |
| 31/07/2021 | £3.9m | £3.0m |
Common questions
Is CENTRAL SCHOOL OF BALLET CHARITABLE TRUST LIMITED financially healthy?
The accounts state that the charity reported a deficit of £631,558 for the year ended 31 July 2025, primarily driven by non-cash depreciation and interest costs related to its property lease. Despite this loss, unrestricted reserves stood at £2,121,270, which the trustees consider sufficient to cover more than three months of operating expenditure in line with their policy. The charity remains dependent on reduced government grant funding and is actively working to diversify income streams to ensure long-term financial sustainability. Its FY2025 accounts were audited by Forvis Mazars LLP.