NORTHAMPTON OLD GRAMMAR SCHOOL FOUNDATION
The objects of the charity are:-pay a yearly sum to the Borough Council and the County Council to be applied towards the maintenance of the school. The residue of net yearly income of the Foundation is used for:-The provision of items, services and facilities for the school; and Promoting the education of beneficiaries by the award of prizes, scholarships, bursaries or maintenance allowances.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of expenditure over income of £105,016 for the year, driven by increased grants paid and clerk fees. Per the trustees' report, unrestricted free reserves are held at £566,719, which is below the stated policy target of approximately six months of estimated unrestricted expenditure. The charity maintains significant endowment and restricted funds, with total net assets of £13,943,472.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds that are the free reserves of the charity at a level that equates to not less than approximately 6 months estimated unrestricted expenditure inclusive of annual loan repayments to capital.” — page 6
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- GEOFFREY THOMAS MOSSchair
- ANDREW COCKERILL
- Alan Hakes
- Joseph Anthony Lavelle
- Oliver Harris
- PAUL MAYNARD
- Richard Bernard
- Tom Bason
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £395k | £500k |
| 31/03/2024 | £402k | £413k |
| 31/03/2023 | £382k | £858k |
| 31/03/2022 | £674k | £411k |
| 31/03/2021 | £349k | £350k |
Common questions
Is NORTHAMPTON OLD GRAMMAR SCHOOL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of expenditure over income of £105,016 for the year, driven by increased grants paid and clerk fees. Per the trustees' report, unrestricted free reserves are held at £566,719, which is below the stated policy target of approximately six months of estimated unrestricted expenditure. The charity maintains significant endowment and restricted funds, with total net assets of £13,943,472. Its FY2025 accounts were audited by Hawsons Chartered Accountants.
Charities like this
- NORTHAMPTONSHIRE INDEPENDENT GRAMMAR SCHOOL CHARITY TRUST LIMITED
- THE CLITHEROE ROYAL GRAMMAR SCHOOL FOUNDATION
- BECKETT'S AND SARGEANT'S EDUCATIONAL FOUNDATION
- PATE'S GRAMMAR SCHOOL FOUNDATION
- THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION
- THE WELLS CATHEDRAL SCHOOL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NORTHAMPTON OLD GRAMMAR SCHOOL FOUNDATION | £395k | — | 0 | unclear | — | no doubt |
| NORTHAMPTONSHIRE INDEPENDENT GRAMMAR SCHOOL CHARITY TRUST LIMITED | £4.3m | — | — | above | — | material uncertainty |
| THE CLITHEROE ROYAL GRAMMAR SCHOOL FOUNDATION | £209k | — | 0 | unclear | — | no doubt |
| BECKETT'S AND SARGEANT'S EDUCATIONAL FOUNDATION | £284k | — | 0 | unclear | — | no doubt |
| PATE'S GRAMMAR SCHOOL FOUNDATION | £4.0m | — | — | unclear | — | no doubt |
| THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION | £514k | — | 0 | unclear | — | no doubt |