COWBRIDGE SCHOOL TRUST
The trust income is paid to the Sir Thomas Mansel Franklen Trust which provides special benefits over and above that provided by the Local Education Authority to Cowbridge Comprehensive School and may provide grants to pupils and former pupils. Trust land remaining is held to be used for the purposes of the School.
Financial health, per its FY2025 accounts
The accounts state that the net value of the fund decreased by £182,301 to £4,513,459, primarily due to the cost of the art block. The trustees have established a reserves policy target of £50,000, which is well below the total unrestricted reserves held. The independent examiner reported no matters requiring attention, indicating the accounts comply with legal requirements.
What the accounts disclose
Trustees
- Geoffrey Bennett Reed
- HILARY DREW
- Katherine Elizabeth Kennedy
- Morgan Smith
- Sarah Smith
- Steven Robert Blackman
- Terrie Vaughan-Taylor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £165k | £284k |
| 31/03/2024 | £106k | £109k |
| 31/03/2023 | £173k | £66k |
| 31/03/2022 | £40k | £59k |
| 31/03/2021 | £56k | £40k |
Common questions
Is COWBRIDGE SCHOOL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the net value of the fund decreased by £182,301 to £4,513,459, primarily due to the cost of the art block. The trustees have established a reserves policy target of £50,000, which is well below the total unrestricted reserves held. The independent examiner reported no matters requiring attention, indicating the accounts comply with legal requirements. Its FY2025 accounts were independently examined.
Charities like this
- Bedford School Foundation Trust
- CANON SLADE TRUST
- THOMAS HOWELL'S TRUST
- CRANBROOK SCHOOL TRUST
- BIRKENHEAD SCHOOL FOUNDATION TRUST
- MAHARISHI SCHOOL TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COWBRIDGE SCHOOL TRUST | £165k | — | 0 | unclear | — | no doubt |
| Bedford School Foundation Trust | £2.7m | — | 0 | above | — | no doubt |
| CANON SLADE TRUST | £102k | — | 0 | unclear | — | no doubt |
| THOMAS HOWELL'S TRUST | £643k | — | 0 | unclear | — | no doubt |
| CRANBROOK SCHOOL TRUST | £475k | — | 0 | unclear | — | noted |
| BIRKENHEAD SCHOOL FOUNDATION TRUST | £367k | — | 0 | unclear | — | no doubt |