Finance Score: -4

Governance Score: 3

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Large legacies income: +1
Fundraising costs high: -3

Gender balanced board: +3

No supporters identified

Overall GiG Score: -1

ROYAL BALLET SCHOOL ENDOWMENT FUND

Provision of funding and facilities for students at The Royal Ballet School.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
This charity has received considerable income from legacies in recent years
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £14,716,000 available, equivalent to 230 months of spending and so may not be able to utilise additional funding
Fundraising costs are extremely high relative to funds raised

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
31/08/23		£764	£768	£-4	£0	£28,403	£14,716	229.9	0
31/08/22		£186	£225	£-39	n/a	n/a	n/a	n/a	n/a
31/08/21		£827	£573	£254	£0	£29,191	£14,760	309.1	0
31/08/20		£313	£650	£-337	n/a	n/a	n/a	n/a	n/a
31/08/19		£1,832	£398	£1,434	£0	£24,524	£11,870	357.9	0
31/08/18	*	£734	£781	£-47	£0	£21,677	£10,436	160.3	0
31/08/17		£3,294	£233	£3,061	£0	£21,854	£10,198	525.2	0
31/08/16		£203	£292	£-89	£0	£0	£0	n/a	0
31/08/15		£3,237	£131	£3,106	£4	£16,337	£8,827	808.6	0
31/08/14		£1,219	£244	£975	£4	£12,335	£5,876	289	0
31/08/13		£930	£286	£644	£4	£10,956	£5,469	229.5	0
31/08/12		£504	£451	£53	£5	£10,076	£4,699	125	0
31/08/11		£1,505	£1,105	£400	£4	£9,517	£4,514	49	0
31/08/10		£1,531	£651	£880	£4	£7,333	£4,135	76.2	0
31/08/09		£368	£531	£-163	£0	£0	£0	n/a	0
31/08/08		£676	£349	£326	£9	£7,884	£4,351	149.6	0
31/08/07		£1,143	£416	£728	£8	£7,730	£4,111	118.7	0
31/08/06		£918	£394	£524	£0	£0	£0	n/a	0
31/08/05		£364	£315	£50	£0	£0	£0	n/a	0
31/08/04		£219	£305	£-86	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 34.3%
Fundraising Costs/Total Spending: 24.1%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 52%
Reserves/Spending: 229.9 months
Net Current Assets/Spending: 13 months
Quick Ratio: 90.1

Asset Split ?

Established: 41 years

www.royalballetschool.org.uk

enquiries@royalballetschool.org.uk

02078368899

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Performing and visual arts

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People

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

Age Range of Trustees:

KATHARINE BOLSOVER Appointed: 2023

KENNETH STEELE (Chair) Appointed: 2012

RICHARD CUNIS Appointed: 2013

MENNA MCGREGOR Appointed: 2013, Occupation: Chief Executive, Other trusteeships: THE YORK EARLY MUSIC FOUNDATION, J. EDWARD CONWAY FUND,

MS ZITA SAUREL Appointed: 2016, Other trusteeships: THE ROYAL BALLET SCHOOL, J. EDWARD CONWAY FUND,

THOMAS CLEMENTI Appointed: 2019, Occupation: Chief Executive, Other trusteeship: THE ROYAL BALLET SCHOOL,

Legal constitution

Charity registered in England & Wales on 10/02/1983, number: 285766

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; AR18: 49 days late,

Main office

ROYAL BALLET SCHOOL
46 FLORAL STREET
LONDON
WC2E 9DA

Objectives

TO PROMOTE THE OBJECTS OF THE ROYAL BALLET SCHOOL.

Defined Area of Benefit:

NOT DEFINED

Data Sources