CENTRAL SCHOOL OF BALLET CHARITABLE TRUST LIMITED
Higher Education - Artistic - Foundation Degree and BA Hons Degree in Professional Dance and Professional Performance.MA Choreography
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
Leadership, per the charity’s website
- Mark Osterfield — Executive Director
- Kate Coyne — Artistic Director
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
Property (HM Land Registry)
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?
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. Its FY2025 accounts were audited by Forvis Mazars LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE IDLEWILD TRUST | 2 | £10k |
| THE LINBURY TRUST | 1 | £100k |
| THE TAYLOR FAMILY FOUNDATION | 1 | £60k |
| THE BRITFORD BRIDGE TRUST | 1 | £30k |
| THE FREDERICK ASHTON FOUNDATION | 1 | £15k |
| THE CECIL KING MEMORIAL FOUNDATION | 1 | £10k |
| THE A M CHARITABLE TRUST | 1 | £10k |
| THE CHARLOTTE BONHAM-CARTER CHARITABLE TRUST | 1 | £7k |
Charities like this
- ELMHURST BALLET SCHOOL
- ACS DANCE CENTRE
- BRITISH BALLET ORGANIZATION LIMITED
- ENGLISH NATIONAL BALLET SCHOOL LIMITED
- BALLET RAMBERT LIMITED
- DANCEBOX THEATRE WORKS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CENTRAL SCHOOL OF BALLET CHARITABLE TRUST LIMITED | £3.4m | — | — | above | — | no doubt |
| ELMHURST BALLET SCHOOL | £5.4m | £120,001 - £130,000 | — | unclear | — | noted |
| ACS DANCE CENTRE | £256k | — | 0 | unclear | — | no doubt |
| BRITISH BALLET ORGANIZATION LIMITED | £1.1m | above £60,000 | 1 | below | — | no doubt |
| ENGLISH NATIONAL BALLET SCHOOL LIMITED | £2.6m | — | — | unclear | — | no doubt |
| BALLET RAMBERT LIMITED | £3.2m | £110,001 - £120,000 | — | unclear | — | no doubt |