Finance Score: 2

Governance Score: 6

Support Score: 1

Good reserves management: +3
Accounts filed more than 5 days late: -2 times
Multiple Deficits: -2
Fundraising costs low: +3

No volunteer policy: -2
12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +1

Overall GiG Score: 9

LOUGHBOROUGH SCHOOLS FOUNDATION

The Charity exists to operate four independent schools providing for pupils aged from 3 to 18. The aim is to attain the highest academic levels and ensure an extra-curricular programme which will develope life long interests and a desire to contribute to the community.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker
Reserves management has been consistently within official guidelines
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy
There are 17 trustees whereas the Charities Commission recommends a maximum of 12
Over half the Board have joined recently

Financial issues to consider:

Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
On several occasions in recent years income has been less than spending

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		£34,103	£33,471	£632	£696	£67,970	£13,972	5	708	34
31/08/21		£31,835	£32,805	£-970	£530	£67,735	£12,565	4.6	679	29
31/08/20		£30,686	£31,462	£-776	£312	£67,787	£12,393	4.7	676	0
31/08/19	*	£31,393	£31,057	£336	£466	£68,660	£12,072	4.7	682	0
31/08/18	*	£29,431	£29,795	£-364	£29,112	£68,396	£11,120	4.5	670	0
31/08/17		£28,271	£27,929	£342	£387	£68,658	£10,324	4.4	636	0
31/08/16		£28,575	£27,772	£803	£401	£67,954	£7,895	3.4	612	0
31/08/15		£24,668	£23,185	£1,483	£452	£66,655	£1,158	0.6	363	0
31/08/14		£23,510	£22,155	£1,355	£296	£65,089	£4,297	2.3	345	0
31/08/13		£22,796	£21,504	£1,292	£438	£58,148	£3,410	1.9	340	0
31/08/12		£21,947	£20,377	£1,570	£456	£56,496	£3,401	2	337	0
31/08/11		£21,495	£19,910	£1,585	£426	£54,675	£3,908	2.4	335	0
31/08/10		£20,796	£18,296	£2,500	£394	£53,093	£4,190	2.7	335	0
31/08/09		£20,403	£18,082	£2,321	£379	£44,559	£4,402	2.9	334	0
31/08/08		£19,451	£16,920	£2,531	£371	£43,070	£5,161	3.7	336	0
31/08/07		£17,973	£16,112	£1,861	£374	£41,452	£3,423	2.5	361	0
31/08/06		£17,006	£15,409	£1,597	£0	£0	£0	n/a	0	0
31/08/05	*	£16,465	£15,040	£1,425	£0	£0	£0	n/a	0	0
31/08/04		£15,850	£14,026	£1,824	£0	£0	£0	n/a	0	0

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 2.1%
Fundraising Costs/Total Spending: 2.1%
Senior Staff Costs/Total Spending: 9%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 13%
Liabilities/Income: 29%
Unrestricted Funds/Total Funds: 21%
Reserves/Spending: 5 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.3

Asset Split ?

Established: 24 years

www.lsf.org

secretary.board@lsf.org

01509 283700

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Secondary schools

How it operates

Makes Grants to Individuals

Where it operates

Derbyshire, Leicestershire, Nottinghamshire,

Who it helps

Children/Young People

Who works here?

708 employees
34 volunteers

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
Garfield Weston Foundation - Main Grants award
£30,000	16/05/2018	Main Grants award

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (17)

Current Trustees appointed

Gender Split

Based on 16/17 persons

Age Range of Trustees: 39-78

DR NAJMUS-SEHAR ASLAM Appointed: 2021, Occupation: Medical Doctor

ANDREW BOWDEN Appointed: 2022, Occupation: Chartered Accountant

ANN CLARK Appointed: 2022, Occupation: Retired

DR JAMES ESSON Appointed: 2021, Occupation: Academic

GRAHAM HOWARD Appointed: 2021, Occupation: Director

JASON CIMURS Appointed: 2022, Occupation: Director

JEREMY PARKINSON Appointed: 2023, Occupation: Human Resources - Head Of Employee Relations

KATHARINE BASEY Appointed: 2023, Occupation: Solicitor

KATHRYN GREEN Appointed: 2023, Occupation: Marketing Manager

SARAH GOWERS-CROMIE Appointed: 2023, Occupation: Business Leader

SIMON MORRIS Appointed: 2022, Occupation: Retired

ANDREW JAMES HARRIS Appointed: 2019, Occupation: Executive Higher Education

ANNA MURPHY Appointed: 2018, Occupation: Senior Parliamentary Offical

ROWENA JANE ELIZABETH LIMB Appointed: 2013, Occupation: Civil Servant

ROGER HARRISON (Chair) Appointed: 2014, Occupation: Architect

SIMON LEESE Appointed: 2023, Occupation: Retired, Other trusteeship: THE CHESTERTON HOUSE FOUNDATION,

SISTER CELINE LEYDON Appointed: 2015, Occupation: Retired, Other trusteeship: THE SISTERS OF PROVIDENCE (ROSMINIAN),

Legal constitution

Charitable company registered in England & Wales on 28/07/2000, number: 1081765
Registered at Companies House on 20/07/2000, number: 04038033

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Financial Conduct Authority
Ofsted (Office For Standards In Education)

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; AR19: 7 days late, AR18: 10 days late, AR05: 13 days late,

Main office

3 BURTON WALKS
LOUGHBOROUGH
LE11 2DU

Objectives

TO ADVANCE EDUCATION BY CARRYING ON IN GREAT BRITAIN A SCHOOL OR SCHOOLS WHICH MAY BE DAY OR BOARDING AT WHICH INFANTS, CHILDREN AND STUDENTS MAY OBTAIN EDUCATION AND INSTRUCTION IN ACADEMIC, SPORTING, MUSICAL, CULTURAL, SCIENTIFIC, TECHNICAL, RELIGIOUS, VOCATIONAL, SOCIAL AND COMMERCIAL SUBJECTS ACTIVITIES AND CRAFTS OF EVERY DESCRIPTION AND BY ANCILLARY OR INCIDENTAL EDUCATIONAL ACTIVITIES AND OTHER ASSOCIATED ACTIVITIES FOR THE BENEFIT OF THE COMMUNITY.

Defined Area of Benefit:

NOT DEFINED

Data Sources