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AMICABLE SOCIETY'S SCHOOL

Registered charity 312294 · accounts filings on the Charity Commission register

Promoting the education of children in financial need in the Ancient Parish of Rotherhithe.

Objects

AFTER PAYMENT OF ANY EXPENSES OF ADMINISTRATION, THE NET INCOME OF THE FOUNDATION SHALL BE APPLIED BY THE TRUSTEES IN THE FOLLOWING WAYS:(1) IN MAKING PAYMENTS TO THE GOVERNORS FOR THE TIME BEING OF THE SCHOOL OF THE FOUNDATION TO BE APPLIED BY THEM FOR THE PURPOSE OF DISCHARGING THEIR OBLIGATIONS UNDER THE EDUCATION ACTS 1944 TO 1988 WITH RESPECT TO THE MAINTENANCE OF THAT SCHOOL.(2) IN MAKING PAYMENTS TO THE GOVERNORS FOR THE TIME BEING OF ANY VOLUNTARY AIDED SCHOOL IN THE AREA OF THE ANCIENT PARISH OF ROTHERHITHE TO BE APPLIED BY THEM FOR THE ABOVE-MENTIONED PURPOSE WITH RESPECT TO THE MAINTENANCE OF SUCH SCHOOLS.(3) IN PROVIDING SPECIAL BENEFITS WHICH THE GOVERNORS AS SPECIFIED IN SUB-CLAUSES (1) AND (2) ABOVE ARE UNABLE TO PROVIDE FROM THE SCHOOL'S BUDGET ALLOCATION OR OTHER PUBLIC FUNDS.(4) IN PROMOTING THE EDUCATION OF CHILDREN WHO ARE ATTENDING AS A PUPIL AT A SCHOOL IN THE AREA OF THE ANCIENT PARISH OF ROTHERHITHE AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE.

Area of benefit: ANCIENT PARISH OF ROTHERHITHE

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£61k
Latest spending
£60k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total unrestricted reserves stood at £2,286,435, maintained to provide sufficient income for annual grant objectives. The charity reported a net movement in funds of a loss of £61,926, driven primarily by an unrealised investment loss of £62,082. Despite this reduction, the trustees confirm adequate resources for future operational existence.

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

What the accounts disclose

Largest income source: Investment income (COIF shares) (60% of income)
“Income is made up of rent from the freehold property, COIF investment income, donations, grants and interest. Income for the year totalled £60,655 (2024: £58,836).” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: maintained to provide sufficient income to meet the annual grant objectives of the charity (held: £2.3m)
“Total reserves are £2,286,435 (2024: £2,348,361) and this level of reserves is maintained to provide sufficient income to meet the annual grant objectives of the charity.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Councillor K Whittam is a governor of Albion School. Albion School was a beneficiary of the grants given out by Amicable Society’s School.
“Trustee Councillor K Whittam is a governor of Albion School. Albion School was a beneficiary of the grants given out by Amicable Society’s School. Fr. M Nicholls and Fr. A Doyle, also trustees of Amicable Society’s School serve as governors to Peter Hills School. Peter Hills School was a beneficiaries of the grants programme.” — page 13
“Trustee Councillor K Whittam is a governor of Albion School. Albion School was a beneficiary of the grants given out by Amicable Society’s School. Fr. M Nicholls and Fr. A Doyle, also trustees of Amicable Society’s School serve as governors to Peter Hills School. Peter Hills School was a beneficiaries of the grants programme.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees Fr. M Nicholls and Fr. A Doyle serve as governors to Peter Hills School, which received grants.
“Trustee Councillor K Whittam is a governor of Albion School. Albion School was a beneficiary of the grants given out by Amicable Society’s School. Fr. M Nicholls and Fr. A Doyle, also trustees of Amicable Society’s School serve as governors to Peter Hills School. Peter Hills School was a beneficiaries of the grants programme.” — page 13
“Trustee Councillor K Whittam is a governor of Albion School. Albion School was a beneficiary of the grants given out by Amicable Society’s School. Fr. M Nicholls and Fr. A Doyle, also trustees of Amicable Society’s School serve as governors to Peter Hills School. Peter Hills School was a beneficiaries of the grants programme.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Southwark

Income and spending

Financial year endIncomeSpending
31/03/2025£61k£60k
31/03/2024£59k£69k
31/03/2023£59k£68k
31/03/2022£60k£52k
31/03/2021£40k£76k

Common questions

Is AMICABLE SOCIETY'S SCHOOL financially healthy?

Per its FY2025 accounts: The accounts state that total unrestricted reserves stood at £2,286,435, maintained to provide sufficient income for annual grant objectives. The charity reported a net movement in funds of a loss of £61,926, driven primarily by an unrealised investment loss of £62,082. Despite this reduction, the trustees confirm adequate resources for future operational existence. Its FY2025 accounts were independently examined.