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.
Objects
TO AUGMENT THE EXISTING FUNDS OF THE SIR THOMAS MANSEL FRANKLEN TRUST IN ONE OR MORE OF THE FOLLOWING WAYS: (1) IN PROVIDING FOR THE COWBRIDGE COMPREHENSIVE SCHOOL SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED BY THE LOCAL EDUCATION AUTHORITY. (2) IN PROMOTING THE EDUCATION, INCLUDING SOCIAL AND PHYSICAL TRAINING, OF PERSONS WHO ARE OR WERE PUPILS AT THE SAID SCHOOL AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE.
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
Policies the charity declares
- Financial reserves policy and procedures
- Investing charity funds policy and procedures
- Investment
- Safeguarding vulnerable beneficiaries
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2023 (received 25/05/2024, 115 days after the 31/01/2024 due date).
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIR ANDREW JUDD FOUNDATION | 1 | £4.1m |
| THE TONBRIDGE SCHOOL FOUNDATION | 1 | £1.3m |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £25k |
Charities like this
- THE TONBRIDGE SCHOOL FOUNDATION
- CANON SLADE TRUST
- TONBRIDGE SCHOOL
- TEWKESBURY EDUCATION TRUST FUND
- ST MARTIN'S SCHOOL (NAWTON) TRUST LIMITED
- BISHOP WORDSWORTH'S TRUST
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 |
| THE TONBRIDGE SCHOOL FOUNDATION | £1.5m | — | 0 | unclear | 21.5% | no doubt |
| CANON SLADE TRUST | £102k | — | 0 | unclear | — | no doubt |
| TONBRIDGE SCHOOL | £47.1m | — | — | above | — | no doubt |
| TEWKESBURY EDUCATION TRUST FUND | £31k | — | 0 | unclear | — | no doubt |
| ST MARTIN'S SCHOOL (NAWTON) TRUST LIMITED | £28k | — | 0 | unclear | — | no doubt |