Finance Score: 5

Governance Score: 0

Support Score: 3

Good reserves management: +3
Pension deficit: -1
Fundraising costs low: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 8

THE MANCHESTER GRAMMAR SCHOOL FOUNDATION

Manchester Grammar School is an independent boys school whose purpose is to educate boys who qualify by nature of their ability, regardless of family circumstances. Income from the school's foundation bursary fund, held by the MGS Trust, is used on a means tested basis to support boys from lower-income families who would not otherwise be able to accept a place at the school.

Analysis by Giving is Great

Positives:

The charity has received Government grants
Reserves management has been consistently within official guidelines
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

This charity uses a corporate trustee

Financial issues to consider:

There is a pension deficit of £666,738

Established: 58 years

www.mgs.org

general@mgs.org

01612247201

Charity Commission for England and Wales

Tweets

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
31/07/23	£29,328	£25,854	£3,474	£285	£23,124	£16,325	7.6	321	17
31/07/22	£25,734	£24,465	£1,268	£307	£20,332	£14,471	7.1	321	15
31/07/21	£23,885	£23,237	£648	£320	£19,995	£13,466	7	327	18
31/07/20	£23,740	£22,577	£1,163	£284	£16,920	£11,634	6.2	337	17
31/07/19	£22,813	£22,075	£739	£280	£16,529	£10,860	5.9	332	19
31/07/18	£21,900	£21,215	£685	£272	£15,805	£10,180	5.8	330	0
31/07/17	£21,180	£20,349	£830	£261	£15,095	£9,661	5.7	321	0
31/07/16	£20,220	£19,721	£499	£225	£13,367	£8,506	5.2	318	0
31/07/15	£19,665	£18,735	£931	£301	£14,524	£9,796	6.3	257	0
31/07/14	£19,810	£18,324	£1,486	£287	£13,281	£8,837	5.8	254	0
31/07/13	£18,152	£17,748	£403	£281	£11,583	£7,189	4.9	252	0
31/07/12	£17,241	£17,114	£127	£242	£10,496	£6,763	4.7	247	0
31/07/11	£15,734	£15,616	£118	£161	£10,421	£6,630	5.1	226	0
31/07/10	£16,320	£15,162	£1,158	£151	£9,963	£6,396	5.1	221	0
31/07/09	£15,386	£15,072	£314	£138	£8,343	£4,762	3.8	236	0
31/07/08	£13,145	£13,430	£-285	£146	£8,446	£4,393	3.9	217	0
31/07/07	£11,907	£11,883	£24	£122	£10,448	£5,672	5.7	211	0
31/07/06	£11,081	£10,959	£122	£0	£0	£0	n/a	0	0
31/07/05	£11,046	£10,475	£572	£0	£0	£0	n/a	0	0
31/07/04	£9,939	£9,694	£244	£0	£0	£0	n/a	0	0

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 1.1%
Fundraising Costs/Total Spending: 1.2%
Senior Staff Costs/Total Spending: 16%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 30%
Liabilities/Income: 36%
Unrestricted Funds/Total Funds: 71%
Reserves/Spending: 7.6 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.1

Asset Split ?

Listed activities

Education/Training

How it operates

Provides services

Where it operates

Manchester City,

Who it helps

Children/Young People

Who works here?

321 employees
17 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (1)

THE MANCHESTER GRAMMAR SCHOOL FOUNDATION TRUSTEE LIMITED

Legal constitution

Charity registered in England & Wales on 30/03/1966, number: 529909

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
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
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; all on time

Main office

MANCHESTER GRAMMAR SCHOOL
OLD HALL LANE
MANCHESTER
M13 0XT

Objectives

TO ADVANCE THE EDUCATION OF BOYS BY THE PROVISION OF A DAY OR DAY AND BOARDING SCHOOL OR SCHOOLS IN OR NEAR THE CITY OF MANCHESTER

Defined Area of Benefit:

MANCHESTER

Data Sources