The Montpelier Collegiate Trust
The advancement of the education of young people under the age of 25 by the provision of maintenance and support of Colston's Collegiate School and Colston's Girls' School (Academy),the support of educational activities anywhere in the area of benefit and the provision of bursaries, scholarships,grants or other payments to young people in need of financial assistance to pursue their education.
Financial health, per its FY2025 accounts
The accounts state that the charity holds a permanent endowment fund of £1,608,737 and restricted funds of £382,241, but reports a deficit in its unrestricted fund of £293,352. This deficit arose from costs incurred for vacant rental properties and an impairment in the value of an investment property asset. The trustees confirm the charity is a going concern, expecting future investment income to recoup the unrestricted deficit over time.
What the accounts disclose
“The Society of Merchant Venturers recharged the charity £nil during the year (2024: £5,666) in relation to costs associated with school functions. Of this, £nil is outstanding at the year-end (2024: £5,666).” — page 20
“The Trustee is also the Trustee for MVCIP. For details of the investments held and income received from these investments see notes 1 and 5. At the year-end £8,932 was outstanding from MVCIP (2024: £7,593).” — page 20
“The Society of Merchant Venturers recharged the charity £nil during the year (2024: £5,666) in relation to costs associated with school functions. Of this, £nil is outstanding at the year-end (2024: £5,666).” — page 20
“The Trustee is also the Trustee for MVCIP. For details of the investments held and income received from these investments see notes 1 and 5. At the year-end £8,932 was outstanding from MVCIP (2024: £7,593).” — page 20
“The Society of Merchant Venturers recharged the charity £nil during the year (2024: £5,666) in relation to costs associated with school functions. Of this, £nil is outstanding at the year-end (2024: £5,666).” — page 20
“The Trustee is also the Trustee for MVCIP. For details of the investments held and income received from these investments see notes 1 and 5. At the year-end £8,932 was outstanding from MVCIP (2024: £7,593).” — page 20
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £112k | £131k |
| 31/12/2024 | £97k | £299k |
| 31/12/2023 | £108k | £146k |
| 31/12/2022 | £128k | £128k |
| 31/12/2021 | £114k | £147k |
Common questions
Is The Montpelier Collegiate Trust financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds a permanent endowment fund of £1,608,737 and restricted funds of £382,241, but reports a deficit in its unrestricted fund of £293,352. This deficit arose from costs incurred for vacant rental properties and an impairment in the value of an investment property asset. The trustees confirm the charity is a going concern, expecting future investment income to recoup the unrestricted deficit over time. Its FY2025 accounts were independently examined.