ROYAL BALLET SCHOOL ENDOWMENT FUND
Provision of funding and facilities for students at The Royal Ballet School.
Objects
TO PROMOTE THE OBJECTS OF THE ROYAL BALLET SCHOOL.
Financial health, per its FY2025 accounts
The accounts state that total reserves decreased to £29,669,000 following the award of sizeable grants, including a significant return of unrestricted funds. The charity maintains a portfolio of permanent endowments and restricted funds, with unrestricted reserves held at £16,241,000. The trustees report that the going concern basis of accounting is appropriate and no material uncertainties were identified by the auditors.
What the accounts disclose
“Incoming resources were £627,000 (2024: £357,000). In addition to investment income, the Endowment Fund benefited from several legacies totalling £122,000 (2024: £82,000).”
“To discharge their functions more effectively, the Trustees delegate certain administrative aspects of the charity's day-to-day management to the School, for which the Charity pays the School an annual fee.” — page 5
Policies the charity declares
- Conflicting interests
- 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
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2023
- Grant-making is its main activity
Funders the charity credits
- Kinoshita Group
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Ms Zita Saurelchair
- Katharine Bolsover
- RICHARD CUNIS
- Thomas Clementi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £627k | £1.9m |
| 31/08/2024 | £357k | £788k |
| 31/08/2023 | £764k | £768k |
| 31/08/2022 | £186k | £225k |
| 31/08/2021 | £827k | £573k |
Common questions
Is ROYAL BALLET SCHOOL ENDOWMENT FUND financially healthy?
Per its FY2025 accounts: The accounts state that total reserves decreased to £29,669,000 following the award of sizeable grants, including a significant return of unrestricted funds. The charity maintains a portfolio of permanent endowments and restricted funds, with unrestricted reserves held at £16,241,000. The trustees report that the going concern basis of accounting is appropriate and no material uncertainties were identified by the auditors. Its FY2025 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE IDLEWILD TRUST | 2 | £10k |
| THE TAIT MEMORIAL TRUST | 2 | £9k |
| MAAIKE MCINNES CHARITABLE TRUST | 1 | £7.5m |
| THE BAND TRUST | 1 | £1.0m |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £665k |
| THE KENNETH & SUSAN GREEN CHARITABLE FOUNDATION | 1 | £600k |
| THE ERANDA ROTHSCHILD FOUNDATION | 1 | £211k |
| THE CALLEVA FOUNDATION | 1 | £210k |
Charities like this
- THE ROYAL BALLET SCHOOL
- BALLET RAMBERT LIMITED
- ENGLISH NATIONAL BALLET SCHOOL LIMITED
- ROYAL BALLET BENEVOLENT FUND
- RAMBERT TRUST LIMITED
- THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ROYAL BALLET SCHOOL ENDOWMENT FUND | £627k | — | 0 | unclear | — | no doubt |
| THE ROYAL BALLET SCHOOL | £16.6m | — | 0 | unclear | 10.0% | noted |
| BALLET RAMBERT LIMITED | £3.2m | £110,001 - £120,000 | — | unclear | — | no doubt |
| ENGLISH NATIONAL BALLET SCHOOL LIMITED | £2.6m | — | — | unclear | — | no doubt |
| ROYAL BALLET BENEVOLENT FUND | £342k | — | — | above | — | not going concern |
| RAMBERT TRUST LIMITED | £5.1m | — | — | unclear | — | no doubt |