THE FELLOWSHIP OF THE SCHOOL OF ECONOMIC SCIENCE

Registered charity 313115 · accounts filings on the Charity Commission register · also known as School of Philosophy and Economic Science, THE SCHOOL OF ECONOMIC SCIENCE · also registered in Scotland as SC039950 (OSCR)

The School of Philosophy & Economic Science offers courses in Philosophy, Economics and other subjects founded on spiritual principles expressing the natural laws applicable to humanity as discerned from the world's major spiritual and philosophical teachings. It also promotes arts & sciences through lectures, seminars and concerts, and supports other charities with similar activities and objects.

Causes: Education/training · website · Get email alerts

Latest income
£4.9m
Latest spending
£5.1m
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £68,000 for the year ended December 2024, driven by fee income and investment gains despite lower legacy income. Per the trustees' report, the charity holds a free reserve of £3,494,000, which exceeds the stated target of £2,500,000, and the trustees believe reserves are adequate for the next twelve months.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £70,001 - £80,000 — above the median for charities its size (£70k)
“One employee (2023:1) earned between £70,000-£79,999 not including employer's National Insurance contributions during the year.” — page 50
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee (2023:1) earned between £70,000-£79,999 not including employer's National Insurance contributions during the year.” — page 50
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: approximately £2,500,000 (held: £3.5m)
“The Trustees consider that an adequate target level of Operating Reserve is approximately £2,500,000. This would provide sufficient reserves to meet the charity’s running costs for a period of six months in the event of major disruption to its activities.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Sherry Moran is a trustee and director of Waterperry Gardens Limited.
“One trustee, Sherry Moran, was appointed a director in July 2021.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Waterperry Gardens Limited
“The charity owns the whole of the issued ordinary share capital of Waterperry Gardens Limited, a company registered in England. The subsidiary is used for non-primary purpose trading activities.” — page 54
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 6 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2024)

Total income
£4.9m
Total spending
£5.1m
Cost of raising funds
£2.7m
Reserves (reported)
£3.5m
Employees
85

Reported reserves equal ~8.2 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Other trading activities (58% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 56.0% of total income — above the 90th percentile for charities its size (median 5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Scotland · Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£4.9m£5.1m
31/12/2023£5.3m£4.7m
31/12/2022£4.3m£4.3m
31/12/2021£3.9m£3.6m
31/12/2020£3.3m£3.6m

Common questions

Is THE FELLOWSHIP OF THE SCHOOL OF ECONOMIC SCIENCE financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a surplus of £68,000 for the year ended December 2024, driven by fee income and investment gains despite lower legacy income. Per the trustees' report, the charity holds a free reserve of £3,494,000, which exceeds the stated target of £2,500,000, and the trustees believe reserves are adequate for the next twelve months. Its FY2024 accounts were audited by Sayer Vincent LLP.

What does the highest-paid employee of THE FELLOWSHIP OF THE SCHOOL OF ECONOMIC SCIENCE earn?

Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE HEALTH FOUNDATION1£150k
THE NUFFIELD FOUNDATION1£66k
THE COMMUNITY OF THE RESURRECTION1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ROYAL ECONOMIC SOCIETY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE FELLOWSHIP OF THE SCHOOL OF ECONOMIC SCIENCE£4.9m£70,001 - £80,0001above—no doubt
THE ROYAL ECONOMIC SOCIETY FY2024£2.4m——above—no doubt
The Mouradian Foundation Limited FY2025£320k—0unclear—no doubt
THE COLLEGE OF PSYCHIC STUDIES FY2025£1.4m——unclear—no doubt
INSTITUTE OF MEDICAL ETHICS FY2024£331k—0above—no doubt
THE PATHFINDER FELLOWSHIP FY2024£137k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.