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The Frances Johnstone Legacy Limited

Registered charity 310644 · accounts filings on the Charity Commission register · also known as ETON END SCHOOL TRUST (DATCHET), ETON END SCHOOL TRUST (DATCHET) LIMITED

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Latest income
£3.3m
Latest spending
£7.4m
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net movement in funds of (4,160,232) for the 17-month period, resulting in unrestricted funds of (4,185) at the end of the period. The Trustees' report notes that the school faced financial difficulties due to declining enrolment and increased costs, leading to a reliance on external financial support. The charity ceased educational activity following the sale of the school in December 2024.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The Trustees set a budget each year and monitored the level of reserves required to meet short term and medium term objectives including capital expenditure requirements.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The trustees have concluded that, as the current charitable company has ceased educational activity from 01 January 2025, they will not adopt a going concern basis of accounting in the preparation of the financial statements.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charitable Company purchased caretaking/grounds services of value £30,720 (2023: £32,900) from the partner of Z Logan (key management personnel).
“The Charitable Company purchased caretaking/grounds services of value £30,720 (2023: £32,900) from the partner of Z Logan (key management personnel). At 31 January 2025, £nil was outstanding (2023: £nil). The Charitable Company employs the wife of J Stanforth (a trustee).” — page 41
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by MHA. Discloses 2 of 6 completeness components.

Structured financials (annual return, FY ending 31/01/2025)

Total income
£3.3m
Total spending
£7.4m
Cost of raising funds
£19k
Reserves (reported)
£0
Employees
43

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Windsor And Maidenhead

Income and spending

Financial year endIncomeSpending
31/01/2025£3.3m£7.4m
31/08/2023£2.9m£3.2m
31/08/2022£3.1m£3.1m
31/08/2021£2.8m£2.7m
31/08/2020£2.5m£2.5m

Common questions

Is The Frances Johnstone Legacy Limited financially healthy?

The accounts state that the charity reported a net movement in funds of (4,160,232) for the 17-month period, resulting in unrestricted funds of (4,185) at the end of the period. The Trustees' report notes that the school faced financial difficulties due to declining enrolment and increased costs, leading to a reliance on external financial support. The charity ceased educational activity following the sale of the school in December 2024. Its FY2025 accounts were audited by MHA.