MERCHANT TAYLORS' EDUCATIONAL TRUST
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.
What the accounts disclose
“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
“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
“The Trustees are all members of the Merchant Taylors' Company, which administers this Trust through its subsidiary Bradestrete Services Limited.” — page 23
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Corporate structure
- Trading subsidiary: BRADESTRETE SERVICES LIMITED Companies House 01797249
Structured financials (annual return, FY ending 31/08/2023)
Register events
- Received assets from another charity (11/09/2017)
Trustees
- CHRISTOPHER PETER HARE
- DAVID JACKSON
- Lady Annie Harding
- Martin Robb
- PETER HOWARD WATKINS
- ROBERT-JAN TEMMINK
- Simon Bass
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MAYFAIR CHARITIES LIMITED | 1 | £21k |