THE CITY AND DIOCESE OF LONDON VOLUNTARY SCHOOLS FUND
Grants to voluntary aided church of england schools for repairs and to individuals under the age of 25 attending voluntary aided schools in the Diocese for 2 years.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £745,433, which is significantly above the stated policy target of £153,903. The charity reported a net movement in funds of £66,866 for the year, driven by investment income and rents, despite a loss on investment revaluations.
What the accounts disclose
“Rents received 270,501”
“For 2024-25 the agreed minimum reserve, based on three months interest costs, was £153,903.”
“The LDBS and the City and Diocese Fund are separate charities but LDBS is the sole Trustee of City and Diocese therefore they share the same Trustees. LDBS provides office and Administration support to City and Diocese but no value is ascribed to the provision of these services. The LDBS Uniform Statutory Trust has provided a mortgage, secured against the investment property, of £3.575m (2024 £3.575m) with interest being charged quarterly on the outstanding balance. The loan comprises 2 parts, there is no repayment date and the interest is payable every calendar quarter. The 1st part is a loan of £2,675,000 with no repayment date and interest is fixed at 5.47% and the 2nd part is a loan of £900,000 with no repayment date and interest is fixed at 3.00% over base rate.” — page 14
Trustees
- THE LONDON DIOCESAN BOARD FOR SCHOOLS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £314k | £87k |
| 31/03/2024 | £214k | £1.1m |
| 31/03/2023 | £126k | £146k |
| 31/03/2022 | £112k | £150k |
| 31/03/2021 | £280k | £334k |
Common questions
Is THE CITY AND DIOCESE OF LONDON VOLUNTARY SCHOOLS FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £745,433, which is significantly above the stated policy target of £153,903. The charity reported a net movement in funds of £66,866 for the year, driven by investment income and rents, despite a loss on investment revaluations. Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROTHSCHILD FOUNDATION (HANADIV) EUROPE | 1 | £898k |
| SF FOUNDATION | 1 | £445k |
| THE PALOMA FOUNDATION | 1 | £300k |
| THE MONTEFIORE ENDOWMENT | 1 | £194k |
| FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER | 1 | £181k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £180k |
| WISEHEIGHTS LIMITED | 1 | £115k |
| SHULEM B. ASSOCIATION LIMITED | 1 | £105k |
Charities like this
- LONDON CHRISTIAN SCHOOL LTD
- THE LONDON SCHOOL OF JEWISH STUDIES
- LHA LONDON LTD
- ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION
- UK CHRISTIAN SCHOOLS LTD
- YETEV LEV LONDON JERUSALEM TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CITY AND DIOCESE OF LONDON VOLUNTARY SCHOOLS FUND | £314k | — | 0 | above | — | no doubt |
| LONDON CHRISTIAN SCHOOL LTD | £1.6m | — | — | unclear | — | no doubt |
| THE LONDON SCHOOL OF JEWISH STUDIES | £1.8m | — | — | unclear | — | no doubt |
| LHA LONDON LTD | £19.8m | — | — | unclear | — | no doubt |
| ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION | £197k | — | 0 | unclear | — | no doubt |
| UK CHRISTIAN SCHOOLS LTD | £1.0m | — | 0 | unclear | — | no doubt |