THE MOUNT KELLY FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total net surplus of £344,289 for the year ended 31 August 2025, with unrestricted reserves standing at £15,418,912. The trustees confirmed that the charity has adequate resources to continue as a going concern and does not anticipate any material changes to operations.
What the accounts disclose
“In the band £140,001 - £150,000” — page 31
“The reserves policy of the Foundation is to maintain free reserves equal to approximately one full term’s expenditure.” — page 15
“A number of employees of the Charity have children who are pupils at the school and therefore pay fees to the School. All transactions are conducted in accordance with the Foundation's financial regulation and normal procurement procedures, although they are given staff discount of 50%-80%.” — page 42
Structured financials (annual return, FY ending 31/08/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £12.1m | £11.8m |
| 31/08/2024 | £12.1m | £11.9m |
| 31/08/2023 | £11.4m | £11.3m |
| 31/08/2022 | £11.4m | £10.6m |
| 31/08/2021 | £10.0m | £9.7m |
Common questions
Is THE MOUNT KELLY FOUNDATION financially healthy?
The accounts state that the charity reported a total net surplus of £344,289 for the year ended 31 August 2025, with unrestricted reserves standing at £15,418,912. The trustees confirmed that the charity has adequate resources to continue as a going concern and does not anticipate any material changes to operations. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.
What does the highest-paid employee of THE MOUNT KELLY FOUNDATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £140,001 - £150,000 band.