ROYAL BALLET SCHOOL ENDOWMENT FUND

Registered charity 285766 · accounts filings on the Charity Commission register

Provision of funding and facilities for students at The Royal Ballet School.

Causes: Education/training · Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£627k

Latest spending

£1.9m

Registered

1983

Accounts read

FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income

“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).”

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: The charity pays the connected charity, the Royal Ballet School, an annual fee for administrative services.

“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

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Kinoshita Group — “Kinoshita Group has been passionately involved in supporting the arts and culture to date. In particular, they have been supporting Japanese…” (source page)

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/08/2025)

Total income

£627k

Total spending

£1.9m

Cost of raising funds

£266k

Reserves (reported)

£16.2m

Employees

Reported reserves equal ~103.3 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Investments (81% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 42.4% of total income — above the 90th percentile for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

Ms Zita Saurelchair · trustee of 1 other charity
Katharine Bolsover
RICHARD CUNIS
Thomas Clementi · trustee of 1 other charity

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

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

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE TAIT MEMORIAL TRUST	2	£1k
THE REED FOUNDATION	1	—
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	£550k
THE ERANDA ROTHSCHILD FOUNDATION	1	£211k
THE CALLEVA FOUNDATION	1	£210k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000.

THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000 income £4.1m
THE ROYAL BALLET SCHOOL income £16.6m
THE ROYAL NORTHERN COLLEGE OF MUSIC ENDOWMENT FUND income £4.0m
ROYAL FEMALE SCHOOL OF ART FOUNDATION income £215k
ROYAL HOSPITAL SCHOOL CHARITABLE TRUST income £202k
ENGLISH NATIONAL BALLET SCHOOL LIMITED income £2.6m

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
ROYAL BALLET SCHOOL ENDOWMENT FUND	£627k	—	unclear	—	no doubt
THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000 FY2025	£4.1m	—	unclear	—	no doubt
THE ROYAL BALLET SCHOOL FY2025	£16.6m	—	unclear	10.0%	noted
THE ROYAL NORTHERN COLLEGE OF MUSIC ENDOWMENT FUND FY2025	£4.0m	—	unclear	—	no doubt
ROYAL FEMALE SCHOOL OF ART FOUNDATION FY2025	£215k	—	unclear	—	no doubt
ROYAL HOSPITAL SCHOOL CHARITABLE TRUST FY2025	£202k	—	within	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.