Finance Score: -1
Governance Score: 0
Support Score: 0
  • Low unrestricted reserves: -2
  • Large legacies income: +1
  • Accounts filed more than 5 days late: -2 times
  • Spending declining: -1
  • Fundraising costs low: +3
  • Dynamic board: +3
  • All male board: -3
  • No supporters identified
Overall GiG Score: -1 ?

THE CITY OF LONDON SCHOOL CHARITABLE TRUST 

To carry out charitable activites as determined by the trustees
Analysis by Giving is Great

Positives:

  • This charity has received considerable income from legacies in recent years
  • There have been no material income shortfalls in recent years
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • The Board is completely male

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end
  • Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
  • Spending is declining

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/08/22£909£31£878£3£2,056£10.200
31/08/21*£731£113£618£1£1,178£80.800
31/08/20£404£130£273n/an/an/an/an/a0
31/08/19£329£70£259n/an/an/an/an/a0
31/08/18*£102£149£-48£0£0£0n/a00
31/08/17£79£47£32£0£0£0n/a00
31/08/16£47£33£14£0£0£0n/a00
31/08/15*£63£114£-51£0£0£0n/a00
31/08/14£125£106£19£0£0£0n/a00
31/08/13£69£65£3£0£0£0n/a00
31/08/12£65£55£10£0£0£0n/a00
31/08/11£59£47£12£0£0£0n/a00
31/08/10£49£41£8£0£0£0n/a00
31/08/09£35£46£-10£0£0£0n/a00
31/08/08£52£56£-4£0£0£0n/a00
31/08/07£52£33£19£0£0£0n/a00
31/08/06£36£43£-6£0£0£0n/a00
31/08/05£47£63£-17£0£0£0n/a00
31/08/04£48£39£9£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0.3%
Fundraising Costs/Total Spending: 10.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 15%
Liabilities/Income: 39%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 0.2 months
Net Current Assets/Spending: 801 months
Quick Ratio: 6.5
Asset Split ?
Established: 31 years

02036806300

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • General Charitable Purposes
GiG Classification
  • Grant-making foundations
How it operates
  • Makes Grants to Organisations
Where it operates
  • Throughout London,
Who it helps
  • The General Public/Mankind

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split
Based on 5/6 persons

Legal constitution
  • Charity registered in England & Wales on 12/05/1993, number: 1020824
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Conflicting interests
  • Risk management
Filing Record
19 returns made; AR21: 35 days late, AR18: 53 days late, AR15: 164 days late,
Main office

City of London School
107 Queen Victoria Street
LONDON
EC4V 3AL

Objectives

TO OR TOWARDS OR FOR THE BENEFIT OF SUCH ONE OR MORE CHARITABLE OBJECTS OR CHARITABLE PURPOSE AND/OR CHARITABLE INSTITUTIONS AT SUCH TIME OR TIMES IN SUCH MANNER AND IN SUCH PROPORTIONS AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR DISCRETION DETERMINE.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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