RAINE'S SCHOOL FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £99,621 for the year, resulting in a decrease in total funds from £799,058 to £699,437. The trustees' report notes that the reserves policy is to retain existing assets to produce income for activities, and the charity does not undertake fundraising, relying instead on its investment portfolio.
What the accounts disclose
“The reserves policy is that the existing assets are retained to produce income which is wholly utilised to support the existing activities.” — page 3
Trustees
- Anthony John Simpson
- Anthony Victor Groves
- CAROLE DAY
- Charlotte Turnbull
- Gordon Robert Clubb
- Maria Ann Mole
- Paul Dooley
- Rev JAMES OLANIPEKUN
- Toni Fox-Bryant
- Tracy McCormack
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £242k | £338k |
| 31/03/2024 | £266k | £349k |
| 31/03/2023 | £317k | £379k |
| 31/03/2022 | £255k | £282k |
| 31/03/2021 | £74k | £228k |
Common questions
Is RAINE'S SCHOOL FOUNDATION financially healthy?
The accounts state that the charity incurred a net expenditure of £99,621 for the year, resulting in a decrease in total funds from £799,058 to £699,437. The trustees' report notes that the reserves policy is to retain existing assets to produce income for activities, and the charity does not undertake fundraising, relying instead on its investment portfolio. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RNH SYNAGOGUE & COLLEGE LTD | 1 | £75k |