QUEEN ELIZABETH I FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that total net assets increased to £1,843,294, driven by investment gains and income. The trustees maintain substantial reserves to provide for maintenance and potential loss of the school tenant, noting a break clause in the lease is available in 2029. There were no staff costs or trustee remuneration during the year.
What the accounts disclose
“The charity has considered it prudent to have substantial reserves under its reserves policy to provide for maintenance, repairs, insurance and outgoings should there be a loss of tenant of the School for whatever reason.” — page 4
“There were no related party transactions in the year.” — page 18
Trustees
- Peter John Holdenchair
- Andrew David Quinn
- GEOFFREY PHILIP THORP
- Helen Mary Talbot
- Howard Stuart Williams
- Ian Robert Cresswell
- MICHAEL JAMES CUPPER
- Madeline Rosetta Cresswell
- Peter John Stuart Smith
- Raymond Walter Kirby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £119k | £81k |
| 31/08/2024 | £113k | £54k |
| 31/08/2023 | £90k | £79k |
| 31/08/2022 | £106k | £50k |
| 31/08/2021 | £93k | £51k |
Common questions
Is QUEEN ELIZABETH I FOUNDATION financially healthy?
The accounts state that total net assets increased to £1,843,294, driven by investment gains and income. The trustees maintain substantial reserves to provide for maintenance and potential loss of the school tenant, noting a break clause in the lease is available in 2029. There were no staff costs or trustee remuneration during the year. Its FY2024 accounts were independently examined.
Who funds QUEEN ELIZABETH I FOUNDATION?
Funders whose own accounts filings name QUEEN ELIZABETH I FOUNDATION as a grant recipient include THE FAVERSHAM MUNICIPAL CHARITIES 2010.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE FAVERSHAM MUNICIPAL CHARITIES 2010 | FY2023 | £1k |
| THE FAVERSHAM MUNICIPAL CHARITIES 2010 | FY2023 | £500 |
| THE FAVERSHAM MUNICIPAL CHARITIES 2010 | FY2023 | £80 |
| THE FAVERSHAM MUNICIPAL CHARITIES 2010 | FY2023 | £80 |
| THE FAVERSHAM MUNICIPAL CHARITIES 2010 | FY2023 | £80 |
| THE FAVERSHAM MUNICIPAL CHARITIES 2010 | FY2023 | £80 |
| THE FAVERSHAM MUNICIPAL CHARITIES 2010 | FY2023 | £80 |
| THE FAVERSHAM MUNICIPAL CHARITIES 2010 | FY2023 | £80 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABERDASHERS' ASKE'S CHARITY | 1 | £500k |
| THE ROYAL ALEXANDRA AND ALBERT SCHOOL | 1 | £350k |
| ELEANOR HAMILTON EDUCATIONAL TRUST | 1 | £4k |
| SIR JEREMIAH COLMAN GIFT TRUST | 1 | £3k |