NICHOLAS CHAMBERLAINE'S SCHOOL FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that total funds decreased by £463,769 to £10,627,887 due to revaluation losses on investment assets outweighing net income. The trustees report that reserves are sufficient to cover contingencies and that the charity has sustained funding to beneficiaries despite economic uncertainty. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Amy Margaret Yeo Mrs
- Dale Kirk Bridgewater Mr
- JANE CORRIGAN
- Judith Knight
- Kevin Elliott
- MARK LANCELOTT GUTTERIDGE
- Paul Frederick Spencer
- Rev David Poultney
- Robert Erskine Mr
- Robert Maggs Mr
- William JOhn Hancox Mr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £6.6m |
| 31/12/2023 | £434k | £944k |
| 31/12/2022 | £382k | £425k |
| 31/12/2021 | £387k | £472k |
| 31/12/2020 | £303k | £379k |
Common questions
Is NICHOLAS CHAMBERLAINE'S SCHOOL FOUNDATION financially healthy?
The accounts state that total funds decreased by £463,769 to £10,627,887 due to revaluation losses on investment assets outweighing net income. The trustees report that reserves are sufficient to cover contingencies and that the charity has sustained funding to beneficiaries despite economic uncertainty. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2022 accounts were audited by Armstrongs Bishop Simmons.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHIPPING SODBURY TOWN LANDS CHARITY | 1 | £52k |