THE GREAT YARMOUTH GRAMMAR SCHOOL FOUNDATION
EDUCATION/TRAINING.The Foundation investment Income is used to finance projects by participating schools and making grants available to students within these schools.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure over income of £45,436 for the year, resulting in a decrease in total unrestricted free reserves from £431,166 to £373,415. The Trustees confirm that the level of funds held and expected income are sufficient to continue as a going concern, with no material uncertainties identified.
What the accounts disclose
“The policy on reserves is that there needs to be sufficient funds generated from the investments to service the principal objectives of paying Book Prizes and annual grants to the four academies and sixth form college year on year.” — page 4
“This charity is connected with The Great Yarmouth Exhibition Foundation. The two charities have common Trustees and are administered commonly at the same registered office. There are no material transactions between the charities and the Trustees do not consider it appropriate to consolidate the results as the charities have different objectives.” — page 5
Trustees
- Dr Harry Macdonald Taylorchair
- ARTHUR HOLLIS
- Carl Smith
- Dr Benjamin Peter Milner
- Flavio Vettese
- Iain Macdonald
- Jodene Barron-Alcock
- Rev Albert Cadmore
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £36k | £81k |
| 31/03/2024 | £35k | £41k |
| 31/03/2023 | £31k | £24k |
| 31/03/2022 | £28k | £18k |
| 31/03/2021 | £28k | £19k |
Common questions
Is THE GREAT YARMOUTH GRAMMAR SCHOOL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure over income of £45,436 for the year, resulting in a decrease in total unrestricted free reserves from £431,166 to £373,415. The Trustees confirm that the level of funds held and expected income are sufficient to continue as a going concern, with no material uncertainties identified. Its FY2025 accounts were independently examined.