Finance Score: -7
Governance Score: 1
Support Score: 3
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Positive trading contribution: +2;Multiple Deficits: -2
  • Fundraising costs high: -5
  • No volunteer policy: -2
  • Dynamic board: +3
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: -3 ?

THE FELLOWSHIP OF THE SCHOOL OF ECONOMIC SCIENCE 

The School of Philosophy & Economic Science offers courses in Philosophy, Economics and other subjects founded on spiritual principles expressing the natural laws applicable to humanity as discerned from the world's major spiritual and philosophical teachings. It also promotes arts & sciences through lectures, seminars and concerts, and supports other charities with similar activities and objects.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants
  • This charity has a robust balance sheet
  • More than half of total income was derived from trading and fees in the latest year
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Although this charity works with volunteers it does not have a Volunteer Management policy

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £26,897,000 available, equivalent to 76 months of spending and so may not be able to utilise additional funding
  • On several occasions in recent years income has been less than spending
  • 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 Volun-
teers
31/12/22£4,261£4,265£-4£2,206£27,298£26,89775.784500
31/12/21£3,882£3,647£235£2,269£28,759£28,35393.381500
31/12/20£3,252£3,622£-370£2,140£26,568£26,16086.778500
31/12/19£3,682£4,396£-714£2,582£26,215£25,77570.493500
31/12/18£3,453£4,075£-622£2,402£28,139£27,64581.491600
31/12/17£4,935£3,966£969£2,410£27,339£26,90881.4980
31/12/16£5,594£4,651£943£1,907£24,442£24,11462.2980
31/12/15£5,235£4,260£975£1,892£22,630£22,17262.51160
31/12/14£4,156£5,048£-892£1,789£21,231£20,70949.2510
31/12/13?£4,530£3,687£844£1,867£21,306£20,78167.6160
31/03/12£6,757£6,373£385£2,013£21,639£21,10839.7150
31/03/11£4,277£4,412£-135£1,877£21,179£20,92756.9160
31/03/10£4,107£4,526£-419£2,177£21,304£21,16756.1150
31/03/09£4,326£4,154£172£1,770£21,621£21,48362.1200
31/03/08£4,067£3,953£114£1,722£21,454£21,31764.7200
31/03/07£2,788£2,616£172£1,662£21,346£21,20997.3160
31/03/06£2,836£2,695£141£0£0£0n/a00
31/03/05*£1,801£1,867£-66£0£0£0n/a00
31/03/04£2,274£2,386£-112£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 149.1%
Fundraising Costs/Total Spending: 54.5%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 2%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 75.7 months
Net Current Assets/Spending: 6 months
Quick Ratio: 3.3
Asset Split ?
Established: 60 years

www.schoolofphilosophy.org

hello@fses.org

02070344000

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • International poverty relief
How it operates
  • Provides services
Where it operates
  • Scotland, Throughout England,
Who it helps
  • The General Public/Mankind
Who works here?
  • 84 employees
  • 500 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (10)
Current Trustees appointed

Legal constitution
  • Charity registered in England & Wales on 09/03/1964, number: 313115
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; AR05: 15 days late,
Main office

School of Philosophy & Economic Sci
11-13 Mandeville Place
LONDON
W1U 3AJ

Objectives

TO PROMOTE UNDERSTANDING OF THE NATURAL LAWS GOVERNING HUMANITY THROUGH THE STUDY AND PRACTICE OF PHILOSOPHY AND ECONOMICS AND ANY OTHER RELEVANT SUBJECT, INCLUDING THE LAWS,CUSTOMS AND PRACTICES BY WHICH COMMUNITIES ARE GOVERNED.

Defined Area of Benefit:

NOT DEFINED

Data Sources

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

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