THE KING'S SCHOOL DEVELOPMENT TRUST
The advancement of education through the medium of the King's School in Macclesfield, principally by collection of donations from members of public and awarding bursaries to pupils at the School
Objects
"UPON TRUST FROM TIME TO TIME TO PAY OR APPLY THE WHOLE OF THE TRUST AND THE INCOME THEREOF TO OR FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT".(FOR FURTHR DETAILS OF OBJECTS SEE CLAUSE 3 OF ABOVE DECLARATION OF TRUST DATED 11 MARCH 1975.
Financial health, per its FY2025 accounts
The accounts state that the charity holds negligible free reserves, with fund balances of £1 at the year-end, as its policy is to donate all raised funds to the connected corporation. The entity reported a net incoming resource of £86,108 for the year, primarily from donations and legacies, which were subsequently transferred out. The trustees confirmed the charity is a going concern, though they noted the principal risk is a reduction in voluntary income.
What the accounts disclose
“The Governing Body of the Corporation have decided that holding reserves is unnecessary as the purpose of the Trust is to donate all funds raised to the Corporation.” — page 3
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- THE KING'S SCHOOL IN MACCLESFIELD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £86k | £86k |
| 31/07/2024 | £73k | £73k |
| 31/07/2023 | £83k | £83k |
| 31/07/2022 | £70k | £70k |
| 31/07/2021 | £56k | £56k |
Common questions
Is THE KING'S SCHOOL DEVELOPMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds negligible free reserves, with fund balances of £1 at the year-end, as its policy is to donate all raised funds to the connected corporation. The entity reported a net incoming resource of £86,108 for the year, primarily from donations and legacies, which were subsequently transferred out. The trustees confirmed the charity is a going concern, though they noted the principal risk is a reduction in voluntary income. Its FY2025 accounts were independently examined.