DR CHALLONER'S SCHOOL EDUCATIONAL TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £299,722, a level the Trustees consider appropriate for the charity's short and long-term needs. The charity reports no material uncertainties regarding its ability to continue as a going concern and maintains sufficient cash resources to meet its obligations, including mortgage payments for the 149 Station Road purchase.
What the accounts disclose
“The Trustees have decided that a level of unrestricted funds of £297K at 31 August 2024 is appropriate to best assist the school in both the short and long term, having assessed likely donation levels to be received in the future.” — page 7
“The Trust made grants totalling £23,264 (2023: £225,845) to Dr Challoner’s Grammar School in line with its prime objectives and a further £3,000 (2023: £3,000) contribution towards staff time spent on governance. There were no other related party transactions during the year.” — page 17
Structured financials (annual return, FY ending 31/08/2021)
Register events
- Received assets from another charity (13/08/2015)
Trustees
- DAVID ALASTAIR ATKINSONchair
- Christopher Barratt
- Jonathan David Pearson
- Mark Haines
- PETER MILLINS
- Paul Serkis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £358k | £417k |
| 31/08/2024 | £471k | £43k |
| 31/08/2023 | £402k | £241k |
| 31/08/2022 | £307k | £344k |
| 31/08/2021 | £541k | £614k |
Common questions
Is DR CHALLONER'S SCHOOL EDUCATIONAL TRUST financially healthy?
The accounts state that unrestricted reserves increased to £299,722, a level the Trustees consider appropriate for the charity's short and long-term needs. The charity reports no material uncertainties regarding its ability to continue as a going concern and maintains sufficient cash resources to meet its obligations, including mortgage payments for the 149 Station Road purchase. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TOMLINSON FAMILY CHARITABLE TRUST | 1 | £225k |
| DALLAM SCHOOL | 1 | £107k |
| The Brindle Foundation | 1 | £14k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £9k |