PATE'S GRAMMAR SCHOOL FOUNDATION

Charity number: 1202002
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The objects of the Charity are for the public benefit, to advance education by: the provision of land and buildings and funding to Pate's Grammar School; operating The Richard Pate School; and promoting the education of current or ex-pupils of both schools (e.g.scholarships, bursaries, grants). Remainng funds may be applied to relieving poverty by grants to Pate House Charity (almshouse charity).

Income and expenditure

Data for financial year ending 31 August 2024

Total income:
£3,932,141

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Donations and legacies £428.39k
Charitable activities £3.46m
Other trading activities £0
Investments £45.02k
Other £0

Total expenditure:
£4,012,976

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Raising funds £0
Charitable activities £4.01m
Other £0

£9,889 investments gains (losses)

Total income includes £144,725 from 2 government contract(s) and £10,000 from 1 government grant(s)

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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Raising funds and other expenditure £0
Charitable expenditure £4.01m

People

82 Employee(s)

9 Trustee(s)

1 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£70k to £80k 1
£100k to £110k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
Where the charity operates:
  • Gloucestershire

Governance

Registration history:
  • 26 July 1976: Standard registration
  • 31 October 1995: Removed
Organisation type:
Charitable company
Other names:

No other names

Company number:
14111232 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
  • 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
  • Investing charity funds policy and procedures
  • Paying staff
  • 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
  • Volunteer management
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

9 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Mark David Turner Trustee 21 November 2024
None on record
Susan Jane Wade Trustee 21 November 2024
None on record
MARTIN CHARLES HORWOOD Trustee 12 October 2023
None on record
Guy Bailey Bradshaw Trustee 16 May 2023
None on record
Peter Joseph Udale Trustee 16 May 2023
None on record
John David Clarke Trustee 16 May 2023
None on record
ROBERT MORLEY MAY Trustee 16 May 2023
PATE HOUSE CHARITY
Received: On time
Christopher John Boulton Trustee 16 May 2023
None on record
WALLACE PRIESTLEY ASCHAM Trustee 16 May 2023
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2023 31/08/2024
Total gross income £0 £3.93m
Total expenditure £0 £4.01m
Income from government contracts N/A £144.73k
Income from government grants N/A £10.00k
Income - Donations and legacies N/A £428.39k
Income - Other trading activities N/A £0
Income - Charitable activities N/A £3.46m
Income - Endowments N/A £0
Income - Investment N/A £45.02k
Income - Other N/A £0
Income - Legacies N/A £0
Expenditure - Charitable activities N/A £4.01m
Expenditure - Raising funds N/A £0
Expenditure - Governance N/A £55.19k
Expenditure - Grants institution N/A £300.00k
Expenditure - Investment management N/A £0
Expenditure - Other N/A £0

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 31/08/2023 31/08/2024
Own use assets N/A £3.37m
Long-term investments N/A £106.01k
Other assets N/A £3.34m
Defined benefit pension scheme asset or liability N/A £0
Total liabilities N/A £2.54m

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 2024 27 May 2025 On Time
Accounts and TAR 31 August 2024 27 May 2025 On Time Download Open in new window
Annual return 31 August 2023 28 June 2024 On Time
Accounts and TAR 31 August 2023 Not Required
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 INCORPORATED 17 MAY 2022 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 17 FEB 2023

Charitable objects

1 TO ADVANCE EDUCATION BY: 1.1 THE PROVISION OF LAND, BUILDINGS, FURNISHINGS, FACILITIES AND EQUIPMENT TO THE ACADEMY TRUST KNOWN AS PATE'S GRAMMAR SCHOOL FOR THE OPERATION OF AN ACADEMY FOR BOYS AND GIRLS ON THE SITE AT PRINCES ELIZABETH WAY, CHELTENHAM WITHIN THE MEANING OF THE EDUCATION ACTS (AS DEFINED IN SECTION 578 OF THE EDUCATION ACT 1996 AND INCLUDES ANY REGULATIONS MADE THEREUNDER); 1.2 THE PROVISION OF SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED FOR OR NOT NORMALLY MET FROM A FUNDING AGREEMENT BETWEEN THE SECRETARY OF STATE AND THE ACADEMY TRUST KNOWN AS PATES' GRAMMAR SCHOOL OPERATED ON THE SITE AT PRINCESS ELIZABETH WAY, CHELTENHAM; 1.3 THE PROVISION OF A JUNIOR SCHOOL (KNOWN AS THE RICHARD PATE SCHOOL) OR SUCH OTHER SCHOOL OR SCHOOLS AS THE TRUSTEES SHALL SEE FIT, PROVIDED THAT RELIGIOUS INSTRUCTION CONSISTENT WITH THE DOCTRINE OF THE CHURCH OF ENGLAND SHALL BE GIVEN IN ACCORDANCE WITH REGULATIONS MADE BY THE TRUSTEES; 1.4 PROMOTING THE EDUCATION OF PERSONS UNDER THE AGE OF 25 YEARS WHO ARE ATTENDING OR WHO HAVE AT ANY TIME ATTENDED ANY SCHOOL OPERATED BY THE CHARITY OR THE ACADEMY KNOWN AS PATE'S GRAMMAR SCHOOL OPERATED FROM THE SITE AT PRINCESS ELIZABETH WAY, CHELTENHAM AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE AND IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) BY: (A) AWARDING, SCHOLARSHIPS, EXHIBITIONS, BURSARIES MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY SCHOOL, UNIVERSITY COLLEGE OF EDUCATION OR OTHER INSTITUTION OF FURTHER (INCLUDING PROFESSIONAL AND TECHNICAL) EDUCATION APPROVED BY THE TRUSTEES; AND (B) PROVIDING FINANCIAL ASSISTANCE, OUTFITS, CLOTHING, TOOLS, INSTRUMENTS OR BOOKS TO ASSIST SUCH PERSON TO PURSUE EDUCATION (INCLUDING THE STUDY OF MUSIC AND OTHER ARTS), TO UNDERTAKE TRAVEL IN FURTHERANCE THEREOF, OR TO PREPARE OR ENTER A PROFESSION, TRADE, OCCUPATION OF OTHER SERVICE ON LEAVING SCHOOL, UNIVERSITY, OR OTHER EDUCATIONAL ESTABLISHMENT. 2 IN SO FAR AS THE INCOME OF THE CHARITY IS NOT REQUIRED IN ACCORDANCE WITH CLAUSE 3.1, THE TRUSTEES MAY APPLY IT TO RELIEVE POVERTY BY MAKING GRANTS TO PATE'S ALMSHOUSE CHARITY AT CHELTENHAM, CURRENTLY KNOWN AS PATE HOUSE CHARITY.

Linked charities

Linked charities
Linked charity 1202002-10 ARTHUR OWEN FUND (PATE'S GRAMMAR SCHOOL)
Governing document
SCHEME OF 26 JULY 1976 AS VARIED BY SCHEME OF 18 MAY 1988
Charitable objects
FOR PURPOSES OF PATE'S GRAMMAR SCHOOL
Area of benefit
NOT DEFINED
Registration history
  • 26 July 1976 : Standard registration
  • 31 October 1995 : Removed

Contact information

Address:
The Richard Pate School
Southern Road
CHELTENHAM
GL53 9RP
Phone:
01242522052
Email:
bursar@richardpate.co.uk
Website:

https://www.richardpate.co.uk/ Open in new window