FOUNDATION OF RICHARD PLATT
Support of education by distribution of net income to:The Aldenham Foundation for Aldenham School (80%)North Collegiate School Foundation of Frances Mary Buss (6%)Camden School Foundation of Frances Mary Buss (6%)Watford Grammar Schools(4%)The Platt Subsidiary Foundation (4%)
Objects
INCOME IS APPLIED IS SUPPORT OF: 1) ALDENHAM SCHOOL BEING THE GRAMMAR SCHOOL OF THE FOUNDATION OF RICHARD PLATT ú2,500 PLUS ANY RESIDUE 2) THE NORTH LONDON COLLEGIATE AND CAMDEN SCHOOLS OF THE FOUNDATION OF FRANCIS MARY BUSS (ú600 P.A.) 3) WATFORD GRAMMAR SCHOOL FOR BOYS (ú100 P.A.) 4) WATFORD GRAMMAR SCHOOL FOR GIRLS (ú100 P.A.) 5) THE PLATT SUBSIDIARY FOUNDATION (ú200 P.A.)
Financial health, per its FY2025 accounts
The accounts state that the charity distributed all unrestricted reserves, resulting in £nil unrestricted reserves at year-end. The charity relies on investment income and has a permanent endowment fund that grew significantly during the period. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustee observes the Charity Commission Scheme dated 27 November 1995 and distributes all unrestricted reserves after regard to Charity Commission order dated 10 April 1996 as amended by order varying the same, dated 8 August 2000. At 31 December 2025, there are no unrestricted reserves (2024 - £nil).” — page 3
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Serious incident reporting policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £47k | £47k |
| 31/12/2024 | £44k | £44k |
| 31/12/2023 | £41k | £41k |
| 31/12/2022 | £40k | £40k |
| 31/12/2021 | £38k | £38k |
Common questions
Is FOUNDATION OF RICHARD PLATT financially healthy?
Per its FY2025 accounts: The accounts state that the charity distributed all unrestricted reserves, resulting in £nil unrestricted reserves at year-end. The charity relies on investment income and has a permanent endowment fund that grew significantly during the period. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.