THE ROYAL GRAMMAR SCHOOL EDUCATIONAL TRUST
Latest income
£3.1m
Latest spending
£537k
Registered
1979
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £7,825,079, which represents a significant increase from the previous year's £5,371,786. Per the trustees' report, the charity is transitioning to a new Charitable Incorporated Organisation (CIO) post-year-end, resulting in the financial statements being prepared on a non-going concern basis.
What the accounts disclose
Reserves policy: sufficient to ensure that having once awarded a bursary, the charity can continue to do so for so long as is required during the pupil's education at the RGS subject to satisfactory conduct, effort and progress (held: £7.8m)
“While the trustees make no commitment to maintain the payments for so long as the recipient requires assistance they aim to maintain reserves sufficient to ensure that having once awarded a bursary, the charity can continue to do so for so long as is required during the pupil's education at the RGS subject to satisfactory conduct, effort and progress.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“As the operations of the charity are expected to be transferred to The Royal Grammar School Educational Trust CIO within the next 12 months, these financial statements have not been prepared on a going concern basis.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The school's administrative staff provide assistance with the charity's record keeping at no charge to the charity.
“The school's administrative staff provide assistance with the charity's record keeping at no charge to the charity.” — page 7
“the school has met the charity's campaign appeal costs totalling £142,494 (2024: £149,951).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The school has met the charity's campaign appeal costs totalling £142,494.
“The school's administrative staff provide assistance with the charity's record keeping at no charge to the charity.” — page 7
“the school has met the charity's campaign appeal costs totalling £142,494 (2024: £149,951).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity grants income towards bursaries paid by the school for some pupils of the school. The grant made towards the school's bursaries in the year amounted to £530,000.
“The school's administrative staff provide assistance with the charity's record keeping at no charge to the charity.” — page 7
“the school has met the charity's campaign appeal costs totalling £142,494 (2024: £149,951).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity received donations in the year of £nil from The Newcastle upon Tyne Royal Grammar School as a grant towards bursary payments.
“The school's administrative staff provide assistance with the charity's record keeping at no charge to the charity.” — page 7
“the school has met the charity's campaign appeal costs totalling £142,494 (2024: £149,951).”
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/07/2025)
Total income
£3.1m
Total spending
£537k
Reserves (reported)
£7.8m
Employees
0
Trustees
- Alan Crawford Fletcher
- Geoffrey Edmund Stanford
- Joel Marks
- Jonathan Oliver Catto
- MARK SQUIRES
- Nigel John McMinn
- Sheena Ray
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £3.1m | £537k |
| 31/07/2024 | £1.2m | £1.3m |
| 31/07/2023 | £654k | £1.1m |
| 31/07/2022 | £1.4m | £922k |
| 31/07/2021 | £1.1m | £840k |
Common questions
Is THE ROYAL GRAMMAR SCHOOL EDUCATIONAL TRUST financially healthy?
The accounts state that the charity holds unrestricted reserves of £7,825,079, which represents a significant increase from the previous year's £5,371,786. Per the trustees' report, the charity is transitioning to a new Charitable Incorporated Organisation (CIO) post-year-end, resulting in the financial statements being prepared on a non-going concern basis. Its FY2025 accounts were audited by UNW LLP.