THE ELIZABETHAN TRUST

Registered charity 507950 · accounts filings on the Charity Commission register

Raising the quality and extending the scope of education available to young persons and supporting the objectives of Oakham School

Objects

(I) RAISING THE QUALITY AND EXTENDING THE SCOPE OF EDUCATION AVAILABLE TO YOUNG PERSONS BEYOND THE LIMITS TO WHICH THEIR PARENTS COULD OTHERWISE AFFORD. (II) ENRICHING THE LIFE OF YOUNG PERSONS. (III) THE PURPOSES OF OAKHAM SCHOOL. (IV) THE ADVANCEMENT OF EDUCATION. AND IN SO PAYING OR APPLYING THE INCOME THE TRUSTEES SHALL HAVE REGARD (BUT NOT EXCLUSIVELY) TO THE OBJECTIVES FOR WHICH ARCHDEACON JOHNSON FOUNDED OAKHAM SCHOOL.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Grant history (this charity is a funder) · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £6,847,029, which are significantly higher than the £304,754 in cash held. The Trustees report that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. The charity's primary risk is identified as inadequate investment returns relative to its benchmark, rather than liquidity or operational viability.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by HaysMac LLP. Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Complaints policy and procedures
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investment
• Risk management
• Safeguarding policy and procedures
• Serious incident reporting policy and procedures

Structured financials (annual return, FY ending 31/08/2024)

Per its annual return, largest income source: Donations and legacies (96% 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: 0.0% of total income — below the median for charities its size (3.0%) (benchmarks).

Trustees · trustee networks

• David Francis Crean · trustee of 1 other charity
• IAN ROGER SUMMERTON · trustee of 5 other charities
• Neil Andrew Wright
• PROFESSOR N T GORMAN

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

Operates in: Rutland

Income and spending

Common questions