THE LATYMER FOUNDATION AT EDMONTON
Financial health, per its FY2023 accounts
The accounts state that the charity holds total unrestricted and endowment reserves of £84,681,192, with unrestricted funds at £1,317,931. The trustees report that the school did not run a deficit on day-to-day activities in 2022-23 and expect any revenue deficit in 2023-24 to be modest, though a substantial deficit is forecast for 2024-25 due to rising costs.
What the accounts disclose
“It is the aim of the Trustees to maintain the real value of Unrestricted and Endowment reserves over time.” — page 6
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Jamie Duncan Boldenchair
- Dr HETUL SHAH
- EDWARD DOUGLAS COOPER
- Eme Bassey Kubiangha Brasnett
- Hashendra Mahendran
- Richard Liak Quintian
- STEPHEN DAVID WAY
- Sophokles Michael Yiannakas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £469k | £1.1m |
| 31/03/2024 | £3.5m | £648k |
| 31/03/2023 | £571k | £624k |
| 31/03/2022 | £3.8m | £2.4m |
| 31/03/2021 | £625k | £462k |
Common questions
Is THE LATYMER FOUNDATION AT EDMONTON financially healthy?
The accounts state that the charity holds total unrestricted and endowment reserves of £84,681,192, with unrestricted funds at £1,317,931. The trustees report that the school did not run a deficit on day-to-day activities in 2022-23 and expect any revenue deficit in 2023-24 to be modest, though a substantial deficit is forecast for 2024-25 due to rising costs. Its FY2023 accounts were audited by Moore NHC Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PARMITER'S SCHOOL FOUNDATION | 1 | £594k |
| HABERDASHERS' ASKE'S CHARITY | 1 | £500k |