ANTHONY GELL SCHOOL FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds total £270,146, which is sufficient to support the implementation of the charity's objects for the foreseeable future. The charity reported a net deficit on income and expenditure of £31,316 for the year, primarily due to an unrealised investment loss of £42,067. Total funds carried forward were £1,890,046, including a permanent endowment of £1,582,255.
What the accounts disclose
“They have accordingly set aside £203,111 at the year-end of past income which remains unspent at 31 March 2023 as a reserve. Its principal purpose is to facilitate renewal of sports facilities at the school which will probably be required again in the future and which it may not be possible to fund wholly from other sources.” — page 8
“Anthony Gell School might be considered a related party by virtue of occupying the land which is the Foundation's principal endowment. For that reason it is declared that all grants made by the Foundation have been paid to a related party.” — page 10
Trustees
- Adam Lathbury
- Alison Foote
- CHRISTOPHER ROYSTON WHITTALL
- Deborah Hedderwick
- Lee David Shakespeare
- SIMON HOBBS
- Sarah Elizabeth Burkinshaw
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £119k | £79k |
| 31/03/2024 | £126k | £66k |
| 31/03/2023 | £102k | £91k |
| 31/03/2022 | £103k | £39k |
| 31/03/2021 | £50k | £43k |
Common questions
Is ANTHONY GELL SCHOOL FOUNDATION financially healthy?
The accounts state that unrestricted funds total £270,146, which is sufficient to support the implementation of the charity's objects for the foreseeable future. The charity reported a net deficit on income and expenditure of £31,316 for the year, primarily due to an unrealised investment loss of £42,067. Total funds carried forward were £1,890,046, including a permanent endowment of £1,582,255. Its FY2023 accounts were independently examined.