THE FRIENDS OF QUEEN ELIZABETH'S SCHOOL
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £31,012 for the year ended 31 July 2023, resulting in total unrestricted reserves of £669,405. The trustees consider that sufficient reserves are held to cover expected donations to the School during the 2023/24 year, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Charity’s policy is to build up reserves by means of annual operating surpluses and judicious management of its investment assets to enable the pursuance of the Charity’s objects. The reserves are then used on a periodic basis to make grants to the School. As at 31 July 2023, free reserves of the Charity are £622,662 and of the Shop are £46,741 and the Trustee considers that sufficient reserves are held to cover the expected donations to the School during the 2023/24 year.”
“The Friends of Queen Elizabeth’s School is the parent company to FQE Enterprises Limited (registered number 06833180), the wholly owned subsidiary. The subsidiary’s principal trading activity is to provide school uniform, equipment and other related products and services to the pupils of Queen Elizabeth’s School, Barnet.” — page 6
Leadership, per the charity’s website
- Neil Enright — Headmaster
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- The Friends of Queen Elizabeth's School Corporate Trustee Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.2m | £1.3m |
| 31/07/2024 | £1.4m | £1.7m |
| 31/07/2023 | £1.1m | £1.1m |
| 31/07/2022 | £1.1m | £981k |
| 31/07/2021 | £974k | £1.4m |
Common questions
Is THE FRIENDS OF QUEEN ELIZABETH'S SCHOOL financially healthy?
The accounts state that the charity reported a net deficit of £31,012 for the year ended 31 July 2023, resulting in total unrestricted reserves of £669,405. The trustees consider that sufficient reserves are held to cover expected donations to the School during the 2023/24 year, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Buzzacott LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABERDASHERS' ASKE'S CHARITY | 1 | £500k |
| THE FAVERSHAM MUNICIPAL CHARITIES 2010 | 1 | £2k |