RENDCOMB COLLEGE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £907k for the year, resulting in a decrease in total fund balances from £9,359k to £8,525k. The Trustees have noted that the subsidiary college will close at the end of the 2025/26 academic year due to a deteriorating financial position, but believe there is sufficient cash to support the wind-down and ongoing costs until a decision is made on the charity's future objects.
What the accounts disclose
“The policy of the Trustees is to ensure they retain sufficient unrestricted reserves to assist the Governors to manage the fixed assets which are used by the Governors for its charitable activities.” — page 19
“The Trustees consider that there are no material uncertainties which would cast doubt on the charity’s ability to continue as a going concern and therefore consider it appropriate to prepare the financial statements on a going concern basis.” — page 27
“During the year the Foundation donated £821,110 (2024: £221,110) to the College.” — page 38
“During the year the College purchased services of £269,532 (2024: £179,937) from Rendcomb Services Limited” — page 38
“During the year the Foundation donated £821,110 (2024: £221,110) to the College.” — page 38
“During the year the College purchased services of £269,532 (2024: £179,937) from Rendcomb Services Limited” — page 38
“During the year the Foundation donated £821,110 (2024: £221,110) to the College.” — page 38
“During the year the College purchased services of £269,532 (2024: £179,937) from Rendcomb Services Limited” — page 38
“Rendcomb Services Limited is a wholly owned subsidiary of Rendcomb College.” — page 40
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- HENRY ROBINSON MA DL
- Imogen Larissa Hamilton Ormerod
- LINDA HAMILTON SINGER
- Michael Wills
- Nicholas Wills
- RICHARD Henry WILLS
- SHAUN David Edward PARSONS TD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £9.1m | £10.0m |
| 31/08/2024 | £9.7m | £10.2m |
| 31/08/2023 | £8.3m | £9.1m |
| 31/08/2022 | £9.1m | £8.3m |
| 31/08/2021 | £8.2m | £7.7m |
Common questions
Is RENDCOMB COLLEGE FOUNDATION financially healthy?
The accounts state that the charity reported a net outgoing resource of £907k for the year, resulting in a decrease in total fund balances from £9,359k to £8,525k. The Trustees have noted that the subsidiary college will close at the end of the 2025/26 academic year due to a deteriorating financial position, but believe there is sufficient cash to support the wind-down and ongoing costs until a decision is made on the charity's future objects. Its FY2025 accounts were audited by Hazlewoods LLP.