FRANCIS BANCROFT'S TRUST
Financial health, per its FY2025 accounts
The accounts state that the Charity holds £7,026,064 in total net assets, comprising £7,001,234 in permanent endowment and £24,830 in restricted surplus funds. Per the trustees' report, no reserves are held in general unrestricted funds as all available income is passed to Bancroft's School. The Charity is adequately resourced to continue its activities, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“No reserves are held in general unrestricted funds by the Charity as all available income is passed to Bancroft's School, in accordance with the Scheme.” — page 6
“The Charity's investments consist of holdings in The Drapers’ Charities Pooling Scheme (Registered Charity Number 1061675).”
Trustees
- THE DRAPERS COMPANY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £179k | £178k |
| 31/07/2024 | £176k | £174k |
| 31/07/2023 | £175k | £176k |
| 31/07/2022 | £175k | £173k |
| 31/07/2021 | £175k | £172k |
Common questions
Is FRANCIS BANCROFT'S TRUST financially healthy?
The accounts state that the Charity holds £7,026,064 in total net assets, comprising £7,001,234 in permanent endowment and £24,830 in restricted surplus funds. Per the trustees' report, no reserves are held in general unrestricted funds as all available income is passed to Bancroft's School. The Charity is adequately resourced to continue its activities, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ABDALLA FOUNDATION | 1 | £7k |