ROYAL BALLET SCHOOL ENDOWMENT FUND
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
“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
Funders the charity credits
- Kinoshita Group
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Kenneth Steelechair
- Katharine Bolsover
- Menna Lyn McGregor
- Ms Zita Saurel
- 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?
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 MASTER CHARITABLE TRUST | 1 | £14.9m |
| THE MOHN WESTLAKE FOUNDATION | 1 | £5.8m |
| GARFIELD WESTON FOUNDATION | 1 | £5.0m |
| THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000 | 1 | £2.3m |
| THE LINBURY TRUST | 1 | £1.3m |
| The Gerald and Gail Ronson Family Foundation | 1 | £1.0m |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £1.0m |
| THE KENNETH & SUSAN GREEN CHARITABLE FOUNDATION | 1 | £500k |