Finance Score: 3
Governance Score: 5
Support Score: 4
  • Excess liquidity: -1
  • Reasonable growth: +1
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +4
Overall GiG Score: 12 ?

THE LONDON ORPHAN ASYLUM (REED'S SCHOOL) 

To provide education in Cobham for boys from the ages of 11 - 18, and girls in the Sixth Form. The objects of the Foundation, as set down in the Act and Constitution, are to advance the education of boys or girls who have lost one or both parents through death, divorce, or other family disaster, and whose home life, as a result, is unsatisfactory, unhappy or abnormal.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • There has been reasonable growth in spending over the last 3 years relative to the previous period
  • There have been no income shortfalls in recent years
  • Fundraising costs are low relative to funds raised
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 21 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • Liquidity appeared to be in excess of CC guidelines at the latest year end especially considering the historic stability of income

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£22,397£21,785£612£1,093£33,661£28,93415.92610
31/08/21£20,765£19,816£949£745£33,343£28,36417.22570
31/08/20£23,947£18,494£5,453£253£31,583£27,06217.62590
31/08/19£16,942£15,782£1,160£206£26,462£22,02716.71990
31/08/18£16,034£14,961£1,073£242£25,492£21,10216.91620
31/08/17£15,708£14,075£1,633£141£24,287£19,958171580
31/08/16£15,006£13,560£1,446£164£22,305£17,85715.81510
31/08/15£14,495£12,502£1,993£182£20,453£16,40415.71350
31/08/14£14,837£13,572£1,265£613£18,713£15,32613.61370
31/08/13£13,007£12,624£383£220£17,251£15,00914.31350
31/08/12£13,264£12,713£551£206£16,619£14,59113.81370
31/08/11£12,643£11,904£738£207£15,894£13,94914.11330
31/08/10£11,953£11,416£537£198£15,170£13,59514.31320
31/08/09£11,198£10,634£565£175£14,546£13,20914.91290
31/08/08£10,687£10,302£385£192£14,084£12,909151260
31/08/07£9,643£8,899£745£444£14,058£12,96517.51250
31/08/06£8,736£8,074£662£0£0£0n/a00
31/08/05£6,990£6,226£764£0£0£0n/a00
31/08/04£6,314£5,956£358£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 5.2%
Fundraising Costs/Total Spending: 5%
Senior Staff Costs/Total Spending: 16%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 25%
Liabilities/Income: 50%
Unrestricted Funds/Total Funds: 86%
Reserves/Spending: 15.9 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.9
Asset Split ?
Established: 60 years

www.reeds.surrey.sch.uk

lhurford@reeds.surrey.sch.uk

01932868680

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Secondary schools
How it operates
  • Makes Grants to Individuals
  • Provides human resources
  • Provides services
Where it operates
  • Surrey,
Who it helps
  • Children/Young People
Who works here?
  • 261 employees

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
The Grocers' Charity - 2023 Education - Reeds School
£7,500 21/10/2022
Bursary
The Grocers' Charity - 2022-Reed's School
£7,500 22/10/2021
Bursary
Garfield Weston Foundation - Main Grants award
£30,000 11/06/2021
Andrew Reed Foundation Annual Appeal
The Grocers' Charity - 2021 - Reed's School - Isaac Gogarty
£7,500 30/09/2020
Bursary
The Grocers' Charity - 2020 Reed's School
£7,500 25/10/2019
Improving support for disadvantaged children and young people
Garfield Weston Foundation - Main Grants award
£30,000 08/05/2019
Reed's Annual Foundation Appeal

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (21)
Current Trustees appointed
Gender Split
Based on 19/21 persons

Legal constitution
  • Charity registered in England & Wales on 07/05/1964, number: 312008
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
19 returns made; all on time
Recent reorganisation events:
  • Asset transfer in from RIPLEY COURT EDUCATIONAL TRUST LIMITED on 11/05/2021
Main office

REEDS SCHOOL
SANDY LANE
COBHAM
KT11 2ES

Objectives

TO ADVANCE THE EDUCATION OF BOYS AND GIRLS WITH A PREFERENCE FOR THE EDUCATION AND MAINTENANCE OF BOYS AND GIRLS WHO COME WITHIN ONE OR MORE OF THE FOLLOWING CATEGORIES AND IN PARTICULAR BOYS AND GIRLS WHO IN THE OPINION OF THE BOARD OF GOVERNORS ARE IN NEED OF FINANCIAL ASSISTANCE:- (A) BOYS OR GIRLS WHO HAVE LOST ONE OR BOTH PARENTS; (B) BOYS OR GIRLS WHO HAVE BEEN ABANDONED BY THEIR PARENTS OR GUARDIANS; (C) BOYS OR GIRLS WHOSE PARENTS ARE DIVORCED OR SEPARATED OR WHOSE HOME LIFE IS FOR ANY REASON UNSATISFACTORY, UNHAPPY OR ABNORMAL.

Defined Area of Benefit:

NOT DEFINED

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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