CHELTENHAM COLLEGE AND CHELTENHAM COLLEGE PREPARATORY SCHOOL
Provision of education to both boys and girls aged 3-18.
Objects
FOR THE PURPOSE OF PROVIDING AN EFFICIENT COURSE OF EDUCATION FOR YOUNG PEOPLE UP TO AND INCLUDING THE AGE OF 20 YEARS COMPRISING RELIGIOUS AND MORAL INSTRUCTION IN STRICT CONFORMITY WITH THE ESTABLISHED CHURCH, THE GREEK, LATIN AND MODERN LANGUAGES AND LITERATURE, HISTORY, GEOGRAPHY, MATHEMATICS AND SUCH OTHER BRANCHES OF KNOWLEDGE AS MAY BE FOUND PRACTICABLE AND ADVANTAGEOUS TO INTRODUCE.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £3.5 million and holds total consolidated net assets of £77.9 million. However, the trustees report that the charity does not hold any free reserves, with unrestricted funds effectively in deficit due to significant investment in tangible fixed assets. Despite this structural deficit, the trustees and auditors confirm the financial statements are prepared on a going concern basis, citing adequate resources and contingency planning.
What the accounts disclose
“£190,001 to £200,000 1” — page 36
“During the year grants for projects, bursaries and prizes were made to Cheltenham College of £71,367 (2024: £90,513).” — page 46
“At the year end, Cheltenham College had two wholly owned active trading subsidiaries, Cheltenham College Services Limited and Cheltenham College international Limited.” — page 8
“During the year grants for projects, bursaries and prizes were made to Cheltenham College of £71,367 (2024: £90,513).” — page 46
“At the year end, Cheltenham College had two wholly owned active trading subsidiaries, Cheltenham College Services Limited and Cheltenham College international Limited.” — page 8
“During the year grants for projects, bursaries and prizes were made to Cheltenham College of £71,367 (2024: £90,513).” — page 46
“At the year end, Cheltenham College had two wholly owned active trading subsidiaries, Cheltenham College Services Limited and Cheltenham College international Limited.” — page 8
“During the year grants for projects, bursaries and prizes were made to Cheltenham College of £71,367 (2024: £90,513).” — page 46
“At the year end, Cheltenham College had two wholly owned active trading subsidiaries, Cheltenham College Services Limited and Cheltenham College international Limited.” — page 8
“At the year end, Cheltenham College had two wholly owned active trading subsidiaries, Cheltenham College Services Limited and Cheltenham College international Limited.” — page 8
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Employees paid over £60,000: 57 (£60,001–£70,000: 32; £70,001–£80,000: 14; £80,001–£90,000: 6; £90,001–£100,000: 2; £100,001–£110,000: 1; £150,001–£200,000: 2)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/08/2024
- Volunteers: 30
- Employees paid over £60,000: 50 (£60,001–£70,000: 28; £70,001–£80,000: 8; £80,001–£90,000: 8; £90,001–£100,000: 3; £150,001–£200,000: 2; £200,001–£250,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/08/2023
- Volunteers: 30
- Employees paid over £60,000: 30 (£60,001–£70,000: 14; £70,001–£80,000: 7; £80,001–£90,000: 5; £90,001–£100,000: 1; £140,001–£150,000: 1; £150,001–£200,000: 1; £200,001–£250,000: 1)
- Has a trading subsidiary
Leadership, per the charity’s website
- Chris Townsend — Head of College
- Tom O’Sullivan — Head of Cheltenham Prep
- Mr Phil Attwell — Bursar
- Mr Timothy Brewis — Deputy Head (Academic)
- Mr Steve McQuitty — Deputy Head (Co-curricular)
- Dr Mary Plint — Deputy Head (Learning and Wellbeing)
- Mrs Anna Cutts — Senior Deputy Head (Pastoral)
- Mr Dan Evans — Senior Housemaster
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- MR BILL STRAKER-NESBITchair
- Ben Beardmore - Gray
- Caroline Wood
- Claire Elizabeth Lehr
- David Stewart
- Dermot McNiffe
- Dr David John Colin Flower
- Emma Jane Hattersley
- Gillian Elwood
- Helen Elizabeth Allen
- Jennifer Saraswathi Sauboorah
- Katy Dallimore
- Lucy Kalindawalo
- Nicolas Chivers
- Peter Brettell
- Rev Canon Keith Wilkinson
- Richard Ellard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £41.7m | £38.4m |
| 31/08/2024 | £39.2m | £37.9m |
| 31/08/2023 | £36.5m | £35.0m |
| 31/08/2022 | £32.8m | £31.2m |
| 31/08/2021 | £29.1m | £27.6m |
Common questions
Is CHELTENHAM COLLEGE AND CHELTENHAM COLLEGE PREPARATORY SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £3.5 million and holds total consolidated net assets of £77.9 million. However, the trustees report that the charity does not hold any free reserves, with unrestricted funds effectively in deficit due to significant investment in tangible fixed assets. Despite this structural deficit, the trustees and auditors confirm the financial statements are prepared on a going concern basis, citing adequate resources and contingency planning. Its FY2025 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of CHELTENHAM COLLEGE AND CHELTENHAM COLLEGE PREPARATORY SCHOOL earn?
Per its FY2025 accounts, the highest-paid employee was in the £190,001 - £200,000 band.
Who funds CHELTENHAM COLLEGE AND CHELTENHAM COLLEGE PREPARATORY SCHOOL?
Funders whose own accounts filings name CHELTENHAM COLLEGE AND CHELTENHAM COLLEGE PREPARATORY SCHOOL as a grant recipient include CHELTENHAM COLLEGE CHARITABLE TRUST, VISCOUNT AMORY'S CHARITABLE TRUST.
Shared trustees with funders
- David Stewart — trustee here and at CHELTENHAM COLLEGE CHARITABLE TRUST
- Gillian Elwood — trustee here and at CHELTENHAM COLLEGE CHARITABLE TRUST
- WILLIAM STRAKER-NESBIT — trustee here and at CHELTENHAM COLLEGE CHARITABLE TRUST
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CHELTENHAM COLLEGE CHARITABLE TRUST | FY2022 | £28k | Provision of Bursaries |
| CHELTENHAM COLLEGE CHARITABLE TRUST | FY2022 | £20k | Chapel projects |
| VISCOUNT AMORY'S CHARITABLE TRUST | FY2023 | £12k | Educational |
| VISCOUNT AMORY'S CHARITABLE TRUST | FY2022 | £12k | Educational |
| CHELTENHAM COLLEGE CHARITABLE TRUST | FY2022 | £2k | Boarding House projects |
| CHELTENHAM COLLEGE CHARITABLE TRUST | FY2022 | £2k | Provision of Prizes |
| CHELTENHAM COLLEGE CHARITABLE TRUST | FY2022 | £1k | Pupil facing schemes |
| CHELTENHAM COLLEGE CHARITABLE TRUST | FY2022 | amount not stated | Archives project |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 11/06/2014 | £9k | "Research and Exhibition: Old Cheltonians go to War; 3540 served but 675 gave more" |
Charities like this
- CHELTENHAM LADIES COLLEGE
- COPTHORNE SCHOOL TRUST LIMITED
- CATERHAM SCHOOL
- FELTONFLEET SCHOOL TRUST LIMITED
- ROYAL ELTHAM PRE-SCHOOL
- ELHAM PRE-SCHOOL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHELTENHAM COLLEGE AND CHELTENHAM COLLEGE PREPARATORY SCHOOL | £41.7m | £190,001 - £200,000 | — | unclear | — | no doubt |
| CHELTENHAM LADIES COLLEGE | £43.5m | — | — | unclear | — | no doubt |
| COPTHORNE SCHOOL TRUST LIMITED | £2.6m | — | — | unclear | — | no doubt |
| CATERHAM SCHOOL | £48.8m | — | — | unclear | — | no doubt |
| FELTONFLEET SCHOOL TRUST LIMITED | £8.1m | — | — | within | — | no doubt |
| ROYAL ELTHAM PRE-SCHOOL | £153k | — | 0 | above | — | no doubt |