MERCHANT TAYLORS' EDUCATIONAL TRUST

Registered charity 310018 · accounts filings on the Charity Commission register

- the maintenance, improvement and support of Merchant Taylors' School;- the benefit of the said school or of all or any of the pupils attending the said school in any manner which is exclusively charitable;- the founding or support of schools of learning generally;- the advancement of education generally

Objects

THE TRUST PROPERTY SHALL BE HELD AND APPLIED FOR OR TOWARDS OR FOR THE BENEFIT OR IN FURTHERANCE OF SUCH CHARITABLE PURPOSES CHARITABLE INSTITUTIONS OR CHARITABLE FOUNDATIONS (WHETHER EDUCATIONAL OR OTHERWISE) IN SUCH MANNER AND IN SUCH PROPORTIONS AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE AND BOTH CAPITAL AND INCOME WITHOUT DISTINCTION SHALL BE SO APPLICABLE. WITHOUT PREJUDICE TO THE GENERALITY OF THE PRIMARY TRUST DECLARED BY CLAUSE 5 HEREOF BUT SUBJECT AND WITHOUT PREJUDICE TO THE PROVISIONS OF CLAUSE 22 HEREOF THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR SELECTION OF PARTICULAR CHARITABLE PURPOSES TAKE INTO CONSIDERATION AND PAY SPECIAL REGARD TO THE FURTHERANCE OF THE FOLLOWING CHARITABLE OBJECTS OR PURPOSES (THAT IS TO SAY):- (A) THE ADVANCEMENT OF EDUCATION THROUGH THE SUPPORT TO THE MTET SCHOOLS (B) THE ADVANCEMENT OF EDUCATION THROUGH THE PROVISION OF SCHOLARSHIPS, BURSARIES, PRIZES OR OTHER AWARDS OR GRANTS TO PUPILS ATTENDING ANY OF THE MTET SCHOOLS WHO ARE IN NEED OF FINANCIAL ASSISTANCE (C) THE ADVANCEMENT OF EDUCATION THROUGH THE PROVISION OF SCHOLARSHIPS, PRIZES, MAINTENANCE ALLOWANCES OR GRANTS TO ANY FORMER PUPIL OF ANY OF THE MTET SCHOOLS TENABLE AT ANY UNIVERSITY, COLLEGE OF EDUCATION, OR OTHER INSTITUTION OF FURTHER (INCLUDING PROFESSIONAL AND VOCATIONAL) EDUCATION. (D) THE FOUNDING OR PROVISION OF SCHOLARSHIPS FELLOWSHIPS LECTURESHIPS AND PRIZES IN CONNECTION WITH ANY SCHOOL UNIVERSITY OR OTHER EDUCATIONAL BODY THE REDUCTION OF SCHOOL OR UNIVERSITY FEES THE PROVISION OF FREE EDUCATION AND THE IMPROVEMENT OF SCHOOL OR UNIVERSITY AMENITIES. (E) THE ADVANCEMENT OF EDUCATION GENERALLY. (F) THE MAKING OF GIFTS OF MONEY OR OTHER PROPERTY IN THE FREE DISPOSITION OF THE TRUST TO OTHER BODIES HAVING OBJECTS SOLELY CHARITABLE (WHETHER OR NOT SUCH OBJECTS ARE SIMILAR TO ANY OF THE FOREGOING OBJECTS).

Area of benefit: NOT DEFINED.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: City of London, London, England (from the postcode on the register)

Received the assets of CHARITIES ADMINISTERED IN CONNECTION WITH MERCHANT TAYLORS' SCHOOL (charity 310016) — merger registered 11/09/2017.
Source: Charity Commission register of merged charities (OGL v3.0).
Latest income
£336k
Latest spending
£517k
Registered
1967
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £1,839,236, which is below the trustees' stated policy target of £113,000 - £227,000. The trustees note that despite this, they do not feel exposed to operational risks requiring emergency expenditure. The charity reported a net income increase of £68,159 for the year, supported by investment gains.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“Although the year end balance was below this amount, (£54,668) the Trustees do not feel that they are exposed to operational risks of the sort that would require or be ameliorated by emergency expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Bradestrete Services Limited, a connected party, incurred administration, establishment and management expenses during the year on behalf of this Trust amounting to £107,951 (2024: £100,805).
“Bradestrete Services Limited, a connected party, incurred administration, establishment and management expenses during the year on behalf of this Trust amounting to £107,951 (2024: £100,805). The Charity received donations from the Merchant Taylors’ Company as detailed in note 2. The Charity made donations of £261,810 to Merchant Taylors’ School and £33,705 to Merchant Taylors’ Foundation as detailed in note 3. The Trustees are all members of the Merchant Taylors' Company, which administers this Trust through its subsidiary Bradestrete Services Limited.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Bradestrete Services Limited
“The Trustees are all members of the Merchant Taylors' Company, which administers this Trust through its subsidiary Bradestrete Services Limited.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/08/2025

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/08/2024

  • Has a trading subsidiary
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/08/2023

  • Has a trading subsidiary
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Annual return filing dates (Charity Commission record)

Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/08/2025 (received 02/07/2026, 2 days after the 30/06/2026 due date).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

BRADESTRETE SERVICES LIMITED — per its own Companies House accounts
  • Debtors: £534,077; Creditors: £284,277

Structured financials (annual return, FY ending 31/08/2023)

Total income
£35.6m
Total spending
£32.8m
Cost of raising funds
£722k
Reserves (reported)
£63.0m
Employees
0

Reported reserves equal ~23.1 months of spending — in the top quarter for charities its size (median 7.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (93% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 2.0% of total income — below the median for charities its size (3.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/08/2025£336k£517k
31/08/2024£360k£481k
31/08/2023£35.6m£32.8m
31/08/2022£32.6m£30.6m
31/08/2021£31.4m£28.6m

Common questions

Is MERCHANT TAYLORS' EDUCATIONAL TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,839,236, which is below the trustees' stated policy target of £113,000 - £227,000. The trustees note that despite this, they do not feel exposed to operational risks requiring emergency expenditure. The charity reported a net income increase of £68,159 for the year, supported by investment gains. Its FY2025 accounts were audited by Saffery LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MERCHANT TAYLORS SCHOOL.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MERCHANT TAYLORS' EDUCATIONAL TRUST£336k—0below—no doubt
MERCHANT TAYLORS SCHOOL FY2025£31.8m——unclear80.0%no doubt
THE MERCHANT TAYLORS' SCHOOL GENERAL CHARITABLE TRUST FY2025£94k—0unclear—no doubt
MERCERS' SCHOOL MEMORIAL TRUST (INCORPORATING THE MERRETT BEQUEST) FY2025£72k—0unclear—no doubt
ST MELLITUS COLLEGE TRUST FY2025£4.5m—0above—no doubt
TEACHERS GROUP EDUCATIONAL TRUST FY2025£179k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.