THE ROYAL CALEDONIAN EDUCATION TRUST

Registered charity 310952 · accounts filings on the Charity Commission register · also known as Forces Children Scotland, ROYAL CALEDONIAN ASYLUM, ROYAL CALEDONIAN EDUCATION TRUST, ROYAL CALEDONIAN SCHOOLS TRUST · also registered in Scotland as SC038722 (OSCR)

In support of the education and wellbeing of the offspring of current and former Scottish Armed Forces personnel.

Causes: Education/training · The Prevention Or Relief Of Poverty · Armed Forces/emergency Service Efficiency · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£291k

Latest spending

£734k

Registered

1963

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net movement in funds of negative £461,249 for the year ended 31 March 2025, driven by total resources expended of £734,466 against total income of £290,505. Per the trustees' report, unrestricted funds are in deficit at £330,318, while the charity holds significant endowment funds of £3,479,857. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.

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

What the accounts disclose

Highest-paid employee band: £70,001 - £80,000 — above the 90th percentile for charities its size (median £60k)

“There was one employee (2024 - 1) whose annual emoluments were £60,000 or more. The number of employees whose annual remuneration was £60,000 or more were: 2025 Number £70,001 to £80,000 1” — page 24

Per its FY2025 accounts as filed with the Charity Commission.

Employees paid over £60,000: 1

“There was one employee (2024 - 1) whose annual emoluments were £60,000 or more. The number of employees whose annual remuneration was £60,000 or more were: 2025 Number £70,001 to £80,000 1” — page 24

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: unclear (held: £-330k)

“Strong confid a this income be realised then t counter some a dvdends d intere olicy. However, the Trustees ret ‘term effects on the charity. ’ ae lue of rowin”

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Myers Clark. Discloses 6 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Greenwich Hospital — “Thanks to the core funding we received, we have been able to offer vital support, strengthen community connections, and improve mental healt…” (source page)
Scottish Veterans Fund — “We’re grateful to be among the organisations receiving funding from the Scottish Veterans Fund 2026-27, which was recently announced by...” (source page)

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2021)

Total income

£512k

Total spending

£603k

Cost of raising funds

£153k

Reserves (reported)

£291k

Employees

Reported reserves equal ~5.8 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (69% 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: 29.9% of total income — above the 90th percentile for charities its size (median 2.9%) (benchmarks).

Trustees · trustee networks

Harvey Tilleychair
Finlay James Allmond
Fiona Barbour-Smith
Fiona Jackson
Isla Campbell Lupton
Jessica Bryce
Max Ogilvy Young
Rachel Rylance
Sarah Dickie · trustee of 1 other charity

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

Operates in: Scotland · Throughout London

Income and spending

Financial year end	Income	Spending
31/03/2025	£291k	£734k
31/03/2024	£219k	£728k
31/03/2023	£407k	£833k
31/03/2022	£489k	£696k
31/03/2021	£512k	£603k

Common questions

Is THE ROYAL CALEDONIAN EDUCATION TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of negative £461,249 for the year ended 31 March 2025, driven by total resources expended of £734,466 against total income of £290,505. Per the trustees' report, unrestricted funds are in deficit at £330,318, while the charity holds significant endowment funds of £3,479,857. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Myers Clark.

What does the highest-paid employee of THE ROYAL CALEDONIAN EDUCATION TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.

Who funds THE ROYAL CALEDONIAN EDUCATION TRUST?

Funders whose own accounts filings name THE ROYAL CALEDONIAN EDUCATION TRUST as a grant recipient include EDUCATIONAL OPPORTUNITY FOUNDATION, Army Benevolent Fund, THE ARMY CENTRAL FUND.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
EDUCATIONAL OPPORTUNITY FOUNDATION	FY2023	£28k	UK projects
Army Benevolent Fund	FY2026	£20k	Family
EDUCATIONAL OPPORTUNITY FOUNDATION	FY2022	£6k	UK
THE ARMY CENTRAL FUND	FY2025	£5k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
UK government	14/10/2022	£33k	Covenant Fund
UK government	03/09/2021	£22k	Covenant Fund
UK government	12/02/2021	£20k	Covenant Fund

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.

Funder	Similar charities funded	Amount to them
THE GRACE TRUST	1	£450k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ARMED FORCES EDUCATION TRUST.

ARMED FORCES EDUCATION TRUST income £555k
THE CALEDON TRUST income £3.3m
CALDICOTT TRUST LIMITED income £9.2m
THE ST ANDREW'S SCHOOL TRUST income £2.2m
ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST income £730k
NUFFIELD TRUST FOR THE FORCES OF THE CROWN income £1.4m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
THE ROYAL CALEDONIAN EDUCATION TRUST	£291k	£70,001 - £80,000	1	unclear	—	no doubt
ARMED FORCES EDUCATION TRUST FY2025	£555k	—	0	unclear	—	no doubt
THE CALEDON TRUST FY2025	£3.3m	—	0	unclear	—	no doubt
CALDICOTT TRUST LIMITED FY2025	£9.2m	—	—	unclear	—	no doubt
THE ST ANDREW'S SCHOOL TRUST FY2025	£2.2m	—	—	above	—	no doubt
ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST FY2025	£730k	—	0	above	—	no doubt

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