KETTERING OLD GRAMMAR SCHOOL FOUNDATION
TO HELP YOUNG PEOPLE WHO LIVE AND HAVE ATTENDED A SCHOOL WITHIN THE BOROUGH OF KETTERING FOR AT LEAST TWO YEARS. GRANTS ARE MADE AT THE TRUSTEES' DISCRETION UNDER SEVERAL CATEGORIES: TO INDIVIDUALS FOR EDUCATIONAL PURPOSES OR FOR THE DEVELOPMENT OF A PARTICULAR TALENT IN THE AREAS OF THE ARTS OR SPORTS. GRANTS MAY BE MADE TO ORGANISATIONS SUPPORTING THE EDUCATION OF YOUNG KETTERING PEOPLE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an income deficit of £63,274 for the year ended 5 April 2025, driven by a £106,590 loss on investments due to a stock market fall. Despite this, the charity holds substantial net funds of £5,125,282, comprising unrestricted and endowment funds, which the trustees consider adequate to continue operations for the foreseeable future.
What the accounts disclose
“It is the policy of the charity to hold free reserves in its deposit accounts which have not yet been committed or designated for any particular purpose. The Governors have set aside these reserves in order to protect the future operations of the charity from the effects of any unforeseen variations in its income stream as part of a policy of good financial management practice.” — page 7
“During the year payments totalling £8,669 (2024 - £8,259) have been made in respect of rent of offices, to the Business Exchange Kettering, a not-for-profit entity which has a Trustee in common with this Foundation.” — page 26
Corporate structure
- Registered company of the charity Companies House 08272407
Company officers (Companies House)
- ALTHORPE, Martin John not on trustee list
- HARLOW, Elizabeth not on trustee list
- ALDERMAN, Mark not on trustee list
- MOODIE, Nicolas not on trustee list
- REYNOLDS, Katie not on trustee list
- WELCH, Stuart not on trustee list
- WALTERS, Susan not on trustee list
- SCOUSE, Pat not on trustee list
- MITCHELL, Margaret Isa not on trustee list
- BHAVRA, Gurjit Singh, Dr not on trustee list
- SHEMILT, Anthony Peter Jesse not on trustee list
- PARKER, Bill, Cllr not on trustee list
- WATSON, David Charles not on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- KOGSF Trustee Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £526k | £589k |
| 05/04/2024 | £516k | £554k |
| 05/04/2023 | £495k | £551k |
| 05/04/2022 | £357k | £413k |
| 05/04/2021 | £248k | £360k |
Common questions
Is KETTERING OLD GRAMMAR SCHOOL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an income deficit of £63,274 for the year ended 5 April 2025, driven by a £106,590 loss on investments due to a stock market fall. Despite this, the charity holds substantial net funds of £5,125,282, comprising unrestricted and endowment funds, which the trustees consider adequate to continue operations for the foreseeable future. Its FY2025 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WINDFALL FOUNDATION | 1 | — |
| GLOBAL SCHOOLS FORUM | 1 | £82k |
Charities like this
- NORTHAMPTON OLD GRAMMAR SCHOOL FOUNDATION
- Kettering Town F.C. Community Trust
- MAYFIELD GRAMMAR SCHOOL GRAVESEND
- AYLESBURY GRAMMAR SCHOOL FOUNDATION
- GGS SCHOOL FUND
- THE CECIL GRANT FOUNDER'S TRUST FOR ST GEORGE'S SCHOOL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KETTERING OLD GRAMMAR SCHOOL FOUNDATION | £526k | — | 0 | unclear | — | no doubt |
| NORTHAMPTON OLD GRAMMAR SCHOOL FOUNDATION | £395k | — | 0 | unclear | — | no doubt |
| Kettering Town F.C. Community Trust | £157k | — | 0 | unclear | — | no doubt |
| MAYFIELD GRAMMAR SCHOOL GRAVESEND | £488k | — | 0 | unclear | — | no doubt |
| AYLESBURY GRAMMAR SCHOOL FOUNDATION | £160k | — | 0 | unclear | — | no doubt |
| GGS SCHOOL FUND | £331k | — | 0 | unclear | — | noted |