CROSFIELDS SCHOOL

Charity number: 309108
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The objects of the Charity are to carry on the School, and any other schools, for the education of children and to advance education in such ways and in such manner as shall from time to time be thought fit.

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£11,232,206

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Donations and legacies £0
Charitable activities £10.40m
Other trading activities £347.19k
Investments £0
Other £488.70k

Total expenditure:
£12,182,289

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Raising funds £216
Charitable activities £11.95m
Other £227.34k

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Income generation and governance £227.55k
Charitable expenditure £11.95m

People

178 Employee(s)

16 Trustee(s)

12 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 5
£90k to £100k 2
£100k to £110k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • Children/young People
How the charity helps:
  • Provides Services
Where the charity operates:
  • Wokingham

Governance

Registration history:
  • 01 October 1962: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
00584278 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • 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
  • Paying staff
  • 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
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

16 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
CHARLES STUART BRADFIELD Chair
None on record
Ian Galvin Trustee 31 January 2024
The Gregg Schools Trust
Received: On time
Richard Plumpton Trustee 22 September 2023
None on record
Elona Mortimer-Zhika Trustee 22 September 2023
None on record
Michelle Lawrence Trustee 22 September 2023
None on record
Maggie Mallam Trustee 04 April 2023
None on record
Dr Elizabeth Anne Dawes Trustee 09 May 2022
None on record
Dr Abigail Hilson Trustee 29 November 2021
None on record
Deborah Battersby Trustee 29 November 2021
None on record
Alison Jane Atkinson Trustee 12 April 2021
None on record
Mark Wardrop Trustee 23 April 2020
None on record
John Lucey Trustee 01 April 2019
None on record
Joe Sefton Jenkins Trustee 21 January 2019
None on record
Mark Turner Trustee 01 September 2018
None on record
Shashi Sachdeva Trustee 08 June 2015
None on record
Professor Clare Louise Furneaux Trustee
READING COMMUNITY LEARNING CENTRE LTD
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Total gross income £7.45m £7.46m £8.38m £9.54m £11.23m
Total expenditure £7.25m £7.41m £7.58m £9.70m £12.18m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A £63.11k N/A N/A
Income - Donations and legacies £29.95k £182.46k £109.04k £767 £0
Income - Other trading activities £265.13k £199.10k £202.38k £291.11k £347.19k
Income - Charitable activities £7.13m £7.06m £8.07m £9.25m £10.40m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £20.65k £13.01k £0 £0 £0
Income - Other £0 £0 £0 £0 £488.70k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £7.08m £7.22m £7.38m £9.52m £11.95m
Expenditure - Raising funds £1.99k £2.39k £17.60k £2.40k £216
Expenditure - Governance £33.49k £14.38k £46.51k £19.36k £25.45k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £165.82k £188.87k £182.05k £176.48k £227.34k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Own use assets £9.00m £9.76m £15.80m £16.69m £16.59m
Long-term investments £640.00k £640.00k £0 £0 £0
Other assets £334.15k £385.68k £715.89k £804.98k £1.99m
Defined benefit pension scheme asset or liability £0 -£52.59k £0 £0 £0
Total liabilities £2.16m £2.88m £7.86m £9.00m £11.03m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2023 26 March 2024 On time
Accounts and TAR 31 August 2023 26 March 2024 On time Download Open in new window
Annual return 31 August 2022 01 March 2023 On time
Accounts and TAR 31 August 2022 01 March 2023 On time Download Open in new window
Annual return 31 August 2021 11 May 2022 On time
Accounts and TAR 31 August 2021 11 May 2022 On time Download Open in new window
Annual return 31 August 2020 08 February 2021 On time
Accounts and TAR 31 August 2020 08 February 2021 On time Download Open in new window
Annual return 31 August 2019 21 February 2020 On time
Accounts and TAR 31 August 2019 21 February 2020 On time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION DATED 21 MAY, 1957 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20 MAR 2019 AS REGISTERED AT COMPANIES HOUSE ON 12 APR 2019

Charitable objects

THE OBJECTS OF THE CHARITY (OBJECTS) ARE TO CARRY ON THE SCHOOL, AND ANY OTHER SCHOOLS, FOR THE EDUCATION OF CHILDREN AND TO ADVANCE EDUCATION IN SUCH WAYS AND IN SUCH MANNER AS SHALL FROM TIME TO TIME BE THOUGHT FIT.

Area of benefit

The area the charity can operate in, as set out in its governing document.

BERKSHIRE.

Contact information

Address:
CROSFIELDS SCHOOL
SHINFIELD ROAD
SHINFIELD
READING
RG2 9BL
Phone:
01189862535
Email:
office@crosfields.com
Website:

www.crosfields.com Open in new window