KETTERING OLD GRAMMAR SCHOOL FOUNDATION

Charity Number: 309903
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

TO HELP YOUNG PEOPLE WHO LIVE AND HAVE ATTENDED A SCHOOL WITHIN THE BOROUGH OF KETTERING FOR AT LEAST TWO YEARS. GRANTS ARE MADE AT THE TRUSTEES' DISCRETION UNDER SEVERAL CATEGORIES: TO INDIVIDUALS FOR EDUCATIONAL PURPOSES OR FOR THE DEVELOPMENT OF A PARTICULAR TALENT IN THE AREAS OF THE ARTS OR SPORTS. GRANTS MAY BE MADE TO ORGANISATIONS SUPPORTING THE EDUCATION OF YOUNG KETTERING PEOPLE.

Income and expenditure

Data for financial year ending 05 April 2024

Total income:
£516,381

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Donations and legacies £182
Charitable activities £301.51k
Other trading activities £0
Investments £214.69k
Other £0

Total expenditure:
£554,148

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Raising funds £79.03k
Charitable activities £475.12k
Other £0

£10,729 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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Raising funds and other expenditure £79.03k
Charitable expenditure £475.12k

People

9 Employee(s)

1 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

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

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
  • Arts/culture/heritage/science
  • Amateur Sport
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
Where the charity operates:
  • Northamptonshire

Governance

Registration history:
  • 13 November 1962: Standard registration
Organisation type:
Other
Other names:

No other names

Company number:
08272407 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints 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
  • Investment
  • 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
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

1 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
KOGSF Trustee Limited Trustee 06 April 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 05/04/2020 05/04/2021 05/04/2022 05/04/2023 05/04/2024
Total gross income £453.04k £247.76k £356.84k £494.97k £516.38k
Total expenditure £553.28k £359.82k £412.59k £550.67k £554.15k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £75.04k N/A N/A N/A
Income - Donations and legacies N/A N/A N/A N/A £182
Income - Other trading activities N/A N/A N/A N/A £0
Income - Charitable activities N/A N/A N/A N/A £301.51k
Income - Endowments N/A N/A N/A N/A £0
Income - Investment N/A N/A N/A N/A £214.69k
Income - Other N/A N/A N/A N/A £0
Income - Legacies N/A N/A N/A N/A £0
Expenditure - Charitable activities N/A N/A N/A N/A £475.12k
Expenditure - Raising funds N/A N/A N/A N/A £79.03k
Expenditure - Governance N/A N/A N/A N/A £7.50k
Expenditure - Grants institution N/A N/A N/A N/A £32.00k
Expenditure - Investment management N/A N/A N/A N/A £14.25k
Expenditure - Other N/A N/A N/A 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 05/04/2020 05/04/2021 05/04/2022 05/04/2023 05/04/2024
Own use assets N/A N/A N/A N/A £1.76m
Long-term investments N/A N/A N/A N/A £3.42m
Other assets N/A N/A N/A N/A £180.28k
Defined benefit pension scheme asset or liability N/A N/A N/A N/A £0
Total liabilities N/A N/A N/A N/A £67.26k

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 05 April 2024 28 January 2025 On Time
Accounts and TAR 05 April 2024 28 January 2025 On Time Download Open in new window
Annual return 05 April 2023 10 January 2024 On Time
Accounts and TAR 05 April 2023 10 January 2024 On Time Download Open in new window
Annual return 05 April 2022 23 January 2023 On Time
Accounts and TAR 05 April 2022 23 January 2023 On Time Download Open in new window
Annual return 05 April 2021 29 October 2021 On Time
Accounts and TAR 05 April 2021 29 October 2021 On Time Download Open in new window
Annual return 05 April 2020 02 December 2020 On Time
Accounts and TAR 05 April 2020 02 December 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.

SCHEME DATED 02/07/1996 AS AMENDED BY RESOLUTION DATED 18/03/2013 AS AMENDED BY SCHEME DATED 03/04/2013 as amended on 05 Dec 2024

Charitable objects

THE OBJECT OF THE CHARITY IS TO ADVANCE EDUCATION IN THE FOLLOWING WAYS: (1)(A) PROVIDING OR ASSISTING IN THE PROVISION OF SUCH FACILITIES OR ITEMS OF ANY KIND NOT PROVIDED OUT OF STATUTORY FUNDS FOR ANY EDUCATIONAL INSTITUTION IN THE BOROUGH OF KETTERING AS MAY FROM TIME TO TIME BE AGREED BETWEEN THE TRUSTEE AND THE EDUCATIONAL INSTITUTION CONCERNED. (B) PROVIDING FACILITIES NOT PROVIDED OUT OF STATUTORY FUNDS FOR RECREATION AND SOCIAL AND PHYSICAL TRAINING FOR PERSONS WHO ARE RECEIVING PRIMARY, SECONDARY OR FURTHER EDUCATION IN THE BOROUGH OF KETTERING OR WHO ARE RESIDENT IN THE SAID BOROUGH. (C) ADVANCING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PERSONS WITH PREFERENCE FOR THOSE UNDER THE AGE OF 25 YEARS WHO ARE NORMALLY RESIDENT IN THE BOROUGH OF KETTERING AND WHO ARE ATTENDING OR WHO FOR NOT LESS THAN TWO YEARS ATTENDED AN EDUCATIONAL INSTITUTION IN THE SAID BOROUGH AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE AND IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING: (I) IN AWARDING TO SUCH PERSONS 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 FOR THE PURPOSE BY THE TRUSTEE. (II) IN PROVIDING FINANCIAL ASSISTANCE, OUTFITS, CLOTHING, TOOLS, INSTRUMENTS OR BOOKS TO ASSIST SUCH PERSONS TO PURSUE THEIR EDUCATION (INCLUDING THE STUDY OF MUSIC AND OTHER ARTS), TO UNDERTAKE TRAVEL IN FURTHERANCE THEREOF, OR TO PREPARE FOR OR ENTER A PROFESSIONAL, TRADE OCCUPATION OR SERVICE ON LEAVING SCHOOL, UNIVERSITY, OR OTHER EDUCATIONAL ESTABLISHMENT. (III) IN AWARDING TO ANY EDUCATIONAL INSTITUTION GRANTS, BURSARIES OR SCHOLARSHIPS WHICH CAN ONLY BE USED FOR THE BENEFIT OF PERSONS AS DEFINED IN THIS SUB-PARAGRAPH. (2) WITHIN THE LIMITS PRESCRIBED BY THIS SCHEME THE TRUSTEE SHALL HAVE FULL POWER TO MAKE RULES FOR THE AWARD OF SCHOLARSHIPS, EXHIBITIONS, BURSARIES, MAINTENANCE ALLOWANCES AND OTHER BENEFITS, INCLUDING RULES AS TO THE VALUE AND PERIOD OF TENURE OF THE AWARDS AND THE QUALIFICATIONS, METHOD OF ASCERTAINMENT AND A SELECTION OF CANDIDATES FOR BENEFIT.

Area of benefit

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

THE BOROUGH OF KETTERING

Contact information

Address:
THE BUSINESS EXCHANGE
ROCKINGHAM ROAD
KETTERING
NORTHAMPTONSHIRE
NN16 8JX
Phone:
01536526404
Email:
admin@kogsf.org.uk
Website:

www.kogsf.org.uk Open in new window