Finance Score: -3
Governance Score: -3
Support Score: 3
  • Good reserves management: +3
  • Spending falling: -1
  • Multiple Deficits and declines: -5
  • No PartB
  • Narrow trustee age band: -2
  • Mainly male board: -1
  • Grant maker support: +3
Overall GiG Score: -3 ?

NEW SCHOOLS NETWORK 

The New Schools Network is an independent charity that aims to improve the quality of education, particularly for the most deprived, by making grants to schools and trusts within the state sector that are driving impactful educational innovation in areas of educational disadvantage.
Analysis by Giving is Great

Positives:

  • Reserves management has been consistently within official guidelines
  • A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

  • The Board is predominantly male
  • The Board has little diversity in terms of age

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • There has been a change of accounting period recently, so trends may be hard to determine
  • Spending has fallen significantly over the last 5 years relative to the previous period
  • Income has been volatile and on several occasions in recent years less than spending

Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
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
30/06/23£8£15£-6n/an/an/an/an/a0
30/06/22?£1,231£1,493£-261£0£691£6915.6180
31/03/21£2,094£2,103£-9£0£953£9345.3310
31/03/20£2,311£2,540£-229£77£962£8644.1340
31/03/19£2,326£2,325£1£48£1,191£1,1125.7320
31/03/18£2,563£2,449£114£73£1,190£1,0585.2320
31/03/17£2,482£2,502£-20£46£1,076£1,0054.8290
31/03/16?£1,334£1,293£41£8£1,096£1,0159.4230
31/08/15£1,722£1,695£27£35£1,055£1,0397.4230
31/08/14£1,898£1,787£111£60£1,028£1,0166.8210
31/08/13£1,546£1,506£41£72£917£8266.6160
31/08/12£1,355£1,093£261£71£876£8769.6180
31/08/11£1,172£622£551£15£614£59411.580
31/08/10£177£129£47£0£0£0n/a00

Highest pay bracket: less than £60,000
Established: 15 years

www.newschoolsnetwork.org

info@newschoolsnetwork.org

02075379208

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Grant-making foundations
How it operates
  • Makes Grants to Organisations
Where it operates
  • Throughout England,
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
Department for Education - New Schools Network
£1,297,279 01/04/2020
To support the opening of new free schools.
Department for Education - Academy Ambassadors Service Grant
£761,494 01/04/2020
Academy Ambassadors (AA) is a bespoke free service to academy trusts, matching senior figures from the world of business to join trust boards as Non-Executive Directors. The service enables ....more
Garfield Weston Foundation - Multi-Year Grant (2 Years) award
£300,000 21/06/2017
Core costs

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split

Age Range of Trustees: 50-66
  • DAVID HALL Appointed: 2021, Occupation: Chartered Accountant
Legal constitution
  • Charitable company registered in England & Wales on 14/10/2009, number: 1132122
  • Registered at Companies House on 06/07/2009, number: 06953650
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
14 returns made; all on time
Main office

10 St. James's Place
10 St. James's Place
London
SW1A 1NP

Objectives

THE OBJECTS (THE OBJECTS) OF THE CHARITY ARE TO PROMOTE, THROUGH ADVICE AND ASSISTANCE, THE ADVANCEMENT OF EDUCATION IN MAINTAINED CHARITABLE SCHOOLS (WITHIN THE MEANING OF THE EDUCATION ACTS) AND ACADEMIES (ESTABLISHED IN ACCORDANCE WITH THE ACADEMIES ACT 2010 OR ANY SUCCESSOR LEGISLATION) INCLUDING BY ASSISTING WITH THE CREATION OF NEW SCHOOLS OF THIS SORT, WITH A VIEW TO IMPROVING EDUCATIONAL OPPORTUNITIES FOR YOUNG PEOPLE AND IN PARTICULAR THOSE IN NECESSITOUS CIRCUMSTANCES.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, NATIONAL

Data Sources

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

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