CHELTENHAM COLLEGE AND CHELTENHAM COLLEGE PREPARATORY SCHOOL

Registered charity 311720 · accounts filings on the Charity Commission register · also known as CHELTENHAM COLLEGE, CHELTENHAM COLLEGE JUNIOR SCHOOL, Cheltenham College

Provision of education to both boys and girls aged 3-18.

Causes: Education/training · website · Get email alerts

Latest income
£41.7m
Latest spending
£38.4m
Registered
1965
Accounts read
FY2025

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.

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

What the accounts disclose

Highest-paid employee band: £190,001 - £200,000 — in the top quarter for charities its size (median £130k)
“£190,001 to £200,000 1” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CCCT made grants to Cheltenham College.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Cheltenham College Services Limited (CCSL) and Cheltenham College International Limited (CCIL) are wholly owned trading subsidiaries.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CCSL made a gift aid donation to Cheltenham College.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CCIL gifted profit to Cheltenham College.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Cheltenham College Services Limited, Cheltenham College International Limited
“At the year end, Cheltenham College had two wholly owned active trading subsidiaries, Cheltenham College Services Limited and Cheltenham College international Limited.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

8 registered titles in England and Wales held by the charity’s company or corporate body (8 freehold); recorded price paid £2.8m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook (5,808 followers) · instagram (9,755 followers)

Structured financials (annual return, FY ending 31/08/2025)

Total income
£41.7m
Total spending
£38.4m
Cost of raising funds
£1.4m
Reserves (reported)
£68.3m
Employees
654

Reported reserves equal ~21.3 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 3.3% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
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

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
CHELTENHAM COLLEGE CHARITABLE TRUSTFY2022£28kProvision of Bursaries
CHELTENHAM COLLEGE CHARITABLE TRUSTFY2022£20kChapel projects
VISCOUNT AMORY'S CHARITABLE TRUSTFY2023£12kEducational
VISCOUNT AMORY'S CHARITABLE TRUSTFY2022£12kEducational
CHELTENHAM COLLEGE CHARITABLE TRUSTFY2022£2kBoarding House projects
CHELTENHAM COLLEGE CHARITABLE TRUSTFY2022£2kProvision of Prizes
CHELTENHAM COLLEGE CHARITABLE TRUSTFY2022£1kPupil facing schemes
CHELTENHAM COLLEGE CHARITABLE TRUSTFY2022£0Archives project

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund11/06/2014£9k"Research and Exhibition: Old Cheltonians go to War; 3540 served but 675 gave more"

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BERKHAMPSTEAD SCHOOL (CHELTENHAM) TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CHELTENHAM COLLEGE AND CHELTENHAM COLLEGE PREPARATORY SCHOOL£41.7m£190,001 - £200,000—unclear—no doubt
BERKHAMPSTEAD SCHOOL (CHELTENHAM) TRUST LIMITED FY2025£5.4m——below—no doubt
Headington School Oxford Limited FY2025£28.8m——unclear—no doubt
CHELTENHAM COLLEGE CHARITABLE TRUST FY2025£1.5m—0unclear—no doubt
ROYAL GRAMMAR SCHOOL WORCESTER FY2025£26.3m——unclear—no doubt
ST JOSEPH'S COLLEGE READING TRUST FY2024£8.8m——unclear—no doubt

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