AMICABLE SOCIETY'S SCHOOL
Promoting the education of children in financial need in the Ancient Parish of Rotherhithe.
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.
What the accounts disclose
“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
“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.”
“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
“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
Trustees
- FATHER MARK NICHOLLSchair
- ALAN JOHN WHITE
- Chao Ouyang
- Cllr Kath Whittam
- Diana Kamil-Salmon
- Elaine Thomas
- Hudson Scott
- Mike Tobin
- Raphael Riccardi-Zani
- Rev ANDREW DOYLE
- Tashemia Glen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.