GLENDOWER SCHOOL TRUST LIMITED
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Charity overview
Activities - how the charity spends its money
Glendower School Trust's main activity continues to be the operation of a day school for 4-11 year old girls. The aim of the School is not only to teach the children, but to stimulate their curiosity, imagination and competitive spirit and to develop their critical thinking skills.
Income and expenditure
Data for financial year ending 31 August 2023
Total income:
£6,893,002
Donations and legacies | £189.49k | |
Charitable activities | £6.70m | |
Other trading activities | £0 | |
Investments | £7.84k | |
Other | £0 |
Total expenditure:
£6,717,975
Raising funds | £670.44k | |
Charitable activities | £6.05m | |
Other | £0 |
£0 investments gains (losses)
Charitable expenditure
Charitable expenditure with investment gains
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.
Income generation and governance | £670.44k | |
Charitable expenditure | £6.05m | |
Retained for future use | £175.03k |
People
![](/o/charity-details-web/images/people.png)
67 Employee(s)
11 Trustee(s)
Employees with total benefits over £60,000
Number of employees | |
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£60k to £70k | 2 |
£70k to £80k | 2 |
£120k to £130k | 1 |
Fundraising
Trading
Trustee payments
What, who, how, where
- Education/training
- Children/young People
- Provides Human Resources
- Provides Buildings/facilities/open Space
- Provides Services
- Kensington And Chelsea
Governance
- 24 May 1971: Standard registration
No other names
- 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
- 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
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
11 Trustee(s)
Name | Role | Date of appointment | Other trusteeships | Reporting status of other trusteeships | ||||
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Jenny Aviss | Trustee | 26 November 2022 |
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Elisabeth Anne Bassett | Trustee | 25 November 2021 |
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Paul Vanni | Trustee | 25 November 2021 |
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Patrick Mattar | Trustee | 26 November 2020 |
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Nicolas Baker | Trustee | 26 November 2020 |
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Elizabeth Hewer | Trustee | 01 July 2020 |
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Gagik Apkarian | Trustee | 01 December 2016 |
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Juliet Richards | Trustee | 01 September 2016 |
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SUSAN KUMLEBEN | Trustee | 11 March 2014 |
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BLAKE DAFFEY | Trustee | 13 June 2013 |
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FRANKLIN MORTON | Trustee |
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Financial history
Financial period end date
Income / Expenditure | 31/08/2019 | 31/08/2020 | 31/08/2021 | 31/08/2022 | 31/08/2023 | ||
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Total gross income | £4.74m | £4.97m | £5.06m | £5.69m | £6.89m | |
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Total expenditure | £4.58m | £4.73m | £4.89m | £5.68m | £6.72m | |
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Income from government contracts | N/A | N/A | N/A | N/A | N/A | |
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Income from government grants | N/A | N/A | £14.54k | N/A | N/A | |
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Income - Donations and legacies | £13.32k | £57.38k | £52.85k | £145.11k | £189.49k | |
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Income - Other trading activities | £0 | £0 | £0 | £0 | £0 | |
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Income - Charitable activities | £4.70m | £4.81m | £4.98m | £5.55m | £6.70m | |
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Income - Endowments | £0 | £0 | £0 | £0 | £0 | |
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Income - Investment | £32.97k | £6.73k | £13.02k | £768 | £7.84k | |
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Income - Other | £0 | £101.64k | £14.54k | £0 | £0 | |
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Income - Legacies | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Charitable activities | £4.27m | £4.43m | £4.45m | £5.11m | £6.05m | |
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Expenditure - Raising funds | £313.81k | £295.93k | £446.81k | £572.03k | £670.44k | |
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Expenditure - Governance | £563.43k | £14.25k | £3.75k | £0 | £873.53k | |
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Expenditure - Grants institution | £0 | £0 | £0 | £13.25k | £0 | |
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Expenditure - Investment management | £0 | £0 | £0 | £12.83k | £6.00k | |
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Expenditure - Other | £0 | £0 | £0 | £0 | £0 |
Assets and liabilities
Definitions for assets and liabilities
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 InvestmentsInvestments 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.
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 liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese 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.
Asset / Liability | 31/08/2019 | 31/08/2020 | 31/08/2021 | 31/08/2022 | 31/08/2023 | ||
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Own use assets | £13.91m | £14.81m | £17.74m | £18.69m | £18.17m | |
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Long-term investments | £0 | £0 | £0 | £0 | £0 | |
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Other assets | £4.41m | £3.56m | £3.37m | £3.85m | £4.24m | |
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Defined benefit pension scheme asset or liability | £0 | £0 | £0 | £0 | £0 | |
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Total liabilities | £10.67m | £10.35m | £12.64m | £13.62m | £12.95m |
Accounts and annual returns
Title | Reporting year | Date received | Received | Download |
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Annual return | 31 August 2023 | 28 June 2024 | On time | |
Accounts and TAR | 31 August 2023 | 28 June 2024 | On time | Download Open in new window |
Annual return | 31 August 2022 | 13 December 2022 | On time | |
Accounts and TAR | 31 August 2022 | 13 December 2022 | On time | Download Open in new window |
Annual return | 31 August 2021 | 31 May 2022 | On time | |
Accounts and TAR | 31 August 2021 | 31 May 2022 | On time | Download Open in new window |
Annual return | 31 August 2020 | 22 December 2020 | On time | |
Accounts and TAR | 31 August 2020 | 22 December 2020 | On time | Download Open in new window |
Annual return | 31 August 2019 | 08 January 2020 | On time | |
Accounts and TAR | 31 August 2019 | 08 January 2020 | On time | Download Open in new window |
Governing document
It is not the full text of the charity's governing document.
MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 25 AUGUST 1969 AS AMENDED 22 NOVEMBER 2005.
Charitable objects
TO PROMOTE AND PROVIDE FOR THE ADVANCEMENT OF EDUCATION AND IN CONNECTION THERE WITH TO CONDUCT, CARRY ON, ACQUIRE AND DEVELOP IN UK ANY BOARDING OR DAY SCHOOLS FOR THE EDUCATION OF CHILDREN OF EITHER OF BOTH SEXES
Area of benefit
NOT DEFINED IN PRACTICE CATCHMENT AREA OF SCHOOL
Contact information
- Address:
-
87 QUEENS GATE
LONDON
SW7 5JX
- Phone:
- 02073701927
- Email:
- bursar@glendowerprep.org
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