Finance Score: -3

Governance Score: 3

Support Score: 0

Strong growth: +2
Volatile income & significant deficit in latest year: -5
No PartB

Gender balanced board: +3

No supporters identified

Overall GiG Score: 0

THE ENDOWMENT FUND OF THE SCHOOLS OF QUEEN ELIZABETH THE FIRST, BARNET

Grants for educational purposes are given to individuals and, in the form of Special Purpose Grants, to the two Queen Elizabeth's Schools. Please note that individual beneficiaries of the charity must be students who are about to attend, are attending or have attended the schools of Queen Elizabeth the First, Barnet. They must be under 25.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of gender

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Income has been volatile recently and was significantly lower than spending in the latest year

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
31/03/23	*	£44	£85	£-41	n/a	n/a	n/a	n/a	n/a	0
31/03/22		£34	£12	£22	n/a	n/a	n/a	n/a	n/a	1
31/03/21		£83	£87	£-4	n/a	n/a	n/a	n/a	n/a	0
31/03/20		£56	£32	£24	n/a	n/a	n/a	n/a	n/a	0
31/03/19		£35	£28	£8	n/a	n/a	n/a	n/a	n/a	0
31/03/18		£30	£26	£4	£0	£0	£0	n/a	0	0
31/03/17		£350	£22	£328	£0	£0	£0	n/a	0	0
31/03/16		£28	£19	£8	£0	£0	£0	n/a	0	0
31/03/15		£103	£23	£80	£0	£0	£0	n/a	0	0
31/03/14		£21	£20	£2	£0	£0	£0	n/a	0	0
31/03/13		£21	£18	£4	£0	£0	£0	n/a	0	0
31/03/12		£20	£19	£0	£0	£0	£0	n/a	0	0
31/03/11		£18	£17	£2	£0	£0	£0	n/a	0	0
31/03/10		£19	£23	£-4	£0	£0	£0	n/a	0	0
31/03/09		£27	£23	£4	£0	£0	£0	n/a	0	0
31/03/08		£25	£24	£1	£0	£0	£0	n/a	0	0
31/03/07		£23	£20	£3	£0	£0	£0	n/a	0	0
31/03/06		£22	£20	£2	£0	£0	£0	n/a	0	0
31/03/05		£21	£17	£4	£0	£0	£0	n/a	0	0
31/03/04		£20	£18	£2	£0	£0	£0	n/a	0	0

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Highest pay bracket: less than £60,000

Established: 26 years

pgyates19@outlook.com

01920 484382

Charity Commission for England and Wales

Listed activities

Education/Training

GiG Classification

School support organisations

How it operates

Makes Grants to Individuals
Makes Grants to Organisations

Where it operates

Barnet,

Who it helps

Children/Young People

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (10)

Gender Split

ALAN EUGENE SOLOMON Appointed: 2011, Other trusteeship: THE SPECIAL PRIZES AND AWARDS FUND,

DAVID JOHN PERKINS, Other trusteeship: THE SPECIAL PRIZES AND AWARDS FUND,

ERIC HOUSTON, Other trusteeship: THE SPECIAL PRIZES AND AWARDS FUND,

GILLIAN MYRA WILLIAMS, Other trusteeship: THE SPECIAL PRIZES AND AWARDS FUND,

GIULIANO PIETRO EUGENIO GREGORI Appointed: 2022, Other trusteeship: THE SPECIAL PRIZES AND AWARDS FUND,

MARTYN HENRY STEWART BRADISH (Chair), Other trusteeship: THE SPECIAL PRIZES AND AWARDS FUND,

MRS VOULLA DEMETRI, Other trusteeship: THE SPECIAL PRIZES AND AWARDS FUND,

MRS WENDY PRENTICE, Other trusteeship: THE SPECIAL PRIZES AND AWARDS FUND,

REVD SAMUEL BENJAMIN STUART ROSSITER-PETERS Appointed: 2022, Other trusteeships: JAMES RAVENSCROFT CHARITY, THE SPECIAL PRIZES AND AWARDS FUND, JESUS HOSPITAL IN CHIPPING BARNET,

SUSAN PAMELA CASWELL, Other trusteeship: THE SPECIAL PRIZES AND AWARDS FUND,

Legal constitution

Charity registered in England & Wales on 11/05/1998, number: 1069496

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Financial reserves policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures

Filing Record

20 returns made; AR23: 2 days late,

Main office

19 Homefield Road
WARE
SG12 7NG

Objectives

APPLICATION OF INCOME OF THE BOYS' ENDOWMENT:- THE TRUSTEES MAY APPLY UP TO 80% OF THE CLEAR INCOME OF THE BOY'S ENDOWMENT IN PROVIDING SUCH SPECIAL BENEFITS OF ANY KIND NOT PROVIDED FROM PUBLIC FUNDS FOR THE QUEEN ELIZABETH'S GRANT MAINTAINED BOYS SCHOOL, BARNET AS MAY FROM TIME TO TIME BE AGREED UPON BETWEEN THE TRUSTEES AND THE SCHOOL GOVERNORS. THE RESIDUE OF THE SAID NET INCOME SHALL BE APPLIED BY THE TRUSTEES IN PROMOTING THE EDUCATION OF BOYS AND YOUNG MEN UNDER THE AGE OF TWENTY-FIVE YEARS WHO ARE ABOUT TO ATTEND OR ARE ATTENDING OR HAVE FOR NOT LESS THAN TWO YEARS ATTENDED THE SAID BOYS SCHOOL AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE IN ONE OR MORE OF THE FOLLOWING WAYS:- (A) THE AWARD OF SCHOLARSHIPS, BURSARIES OR MAINTENANCE ALLOWANCES TENABLE AT ANY UNIVERSITY OR OTHER PLACE OF LEARNING APPROVED BY THE TRUSTEES; (B) THE PROVISION OF FINANCIAL ASSISTANCE, OUTFITS, CLOTHING TOOLS, INSTRUMENTS OR BOOKS TO ENABLE BENEFICIARIES ON LEAVING SCHOOL, UNIVERSITY, OR OTHER EDUCATIONAL ESTABLISHMENT TO PREPARE FOR OR TO ASSIST WITH THEIR ENTRY INTO, A PROFESSION, TRADE OR CALLING; (C) THE AWARD OF SCHOLARSHIPS OR MAINTENANCE ALLOWANCES TO ENABLE BENEFICIARIES TO STUDY MUSIC OR OTHER ARTS OR TO TRAVEL TO FURTHER THEIR EDUCATION; (C) IN OTHERWISE PROMOTING THE EDUCATION INCLUDING SOCIAL AND PHYSICAL TRAINING OF BENEFICIARIES.APPLICATION OF INCOME OF THE GIRLS' ENDOWMENT:- THE TRUSTEES MAY APPLY UP TO 80% OF THE CLEAR INCOME OF THE GIRLS' ENDOWMENT IN PROVIDING SUCH SPECIAL BENEFITS OF ANY KIND NOT PROVIDED BY THE LOCAL EDUCATION AUTHORITY FOR THE QUEEN ELIZABETH'S COUNTY MAINTAINED SCHOOL FOR GIRLS, BARNET AS MAY FROM TIME TO TIME BE AGREED UPON BETWEEN THE TRUSTEES AND THE SCHOOL GOVERNORS. THE RESIDUE OF THE SAID NET INCOME SHALL BE APPLIED BY THE TRUSTEES IN PROMOTING THE EDUCATION OF GIRLS AND YOUNG WOMEN UNDER THE AGE OF TWENTY-FIVE YEARS WHO ARE ABOUT TO ATTEND OR ARE ATTENDING OR HAVE FOR NOT LESS THAN TWO YEARS ATTENDED THE GIRLS SCHOOL AND ARE IN NEED OF FINANCIAL ASSISTANCE IN ONE OR MORE OF THE FOLLOWING WAYS:- (A) THE AWARD OF SCHOLARSHIPS, BURSARIES OR MAINTENANCE ALLOWANCES TENABLE AT ANY UNIVERSITY OR OTHER PLACE OF LEARNING APPROVED BY THE TRUSTEES; (B) THE PROVISION OF FINANCIAL ASSISTANCE, OUTFITS, CLOTHING, TOOLS, INSTRUMENTS OR BOOKS TO ENABLE BENEFICIARIES ON LEAVING SCHOOL, UNIVERSITY, OR OTHER EDUCATIONAL ESTABLISHMENT TO PREPARE FOR OR TO ASSIST WITH THEIR ENTRY INTO, A PROFESSION, TRADE OR CALLING; (C) THE AWARD OF SCHOLARSHIPS OR MAINTENANCE ALLOWANCES TO ENABLE BENEFICIARIES TO STUDY MUSIC OR OTHER ARTS OR TO TRAVEL TO FURTHER THEIR EDUCATION; (D) IN OTHERWISE PROMOTING THE EDUCATION INCLUDING SOCIAL AND PHYSICAL TRAINING OF BENEFICIARIES.DISCRETIONARY FUNDWHERE A BEQUEST OR DONATION IS RECEIVED, AND IT IS NOT DESIGNATED AS FOR THE BENEFIT OF THE BOYS’ ENDOWMENT OR THE GIRLS’ ENDOWMENT SUCH MONIES SHALL BE CREDITED TO THE DISCRETIONARY FUND.THE NET INCOME AFTER DEFRAYING THE DIRECT COSTS OF THE DISCRETIONARY FUND SHALL BE APPLIED BY THE TRUSTEES IN THE MANNER AND FOR THE OBJECTS PRESCRIBED IN CLAUSES 26 TO 31 OF THE SCHEME OF 3 FEBRUARY 1998 SAVE THAT THE TRUSTEES SHALL HAVE THE SOLE DISCRETION IN APPLYING THAT INCOME IN WHATEVER PROPORTIONS, IF ANY, THAT THEY SHALL DECIDE TO THE BENEFIT OF THE BOYS OR GIRLS AND SHALL NOT BE BOUND BY THE PERCENTAGES SET OUT IN CLAUSES 27, 28, 30 OR 31 OF THE SCHEME OF 3 FEBRUARY 1998.

Defined Area of Benefit:

NOT DEFINED

Data Sources