DULWICH PREPARATORY SCHOOLS TRUST

Charity number: 312715
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The principal activity of the Trust is the operation of preparatory schools at Dulwich, London and at Cranbrook, Kent. The objects of the charitable company are the advancement of education by the provision and conduct of schools in Dulwich and Cranbrook for boys and girls and by ancillary or incidental educational activities and other associated activities for the benefit of the communities.

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£22,564,742

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Donations and legacies £37.41k
Charitable activities £22.39m
Other trading activities £100.64k
Investments £39.57k
Other £0

Total expenditure:
£22,400,560

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Raising funds £107.35k
Charitable activities £22.29m
Other £0

£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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £107.35k
Charitable expenditure £22.29m
Retained for future use £164.18k

People

337 Employee(s)

6 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

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
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Kent
  • Southwark

Governance

Registration history:
  • 07 February 1996: Standard registration
Organisation type:
Charitable company
Other names:
  • DCPS TRUST (Working name)
  • DULWICH COLLEGE PREPARATORY SCHOOL TRUST (Previous name)
  • DULWICH COLLEGE PREPARATORY SCHOOL TRUST LTD (Previous name)
Company number:
00579923 Open in new window
Gift aid:
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
  • 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

6 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
DAVID HOWARD NELSON Chair 01 September 2017
POLIZZI CHARITABLE TRUST
Charity reporting is overdue by 120 days
THE VERE ROTHERMERE CHARITABLE TRUST
Received: On time
George William Stanton Masters Trustee 17 October 2024
THE BRADFIELD CLUB
Received: On time
THOMAS MICHAEL DURIE Trustee 01 November 2022
THE RADLEY MARINERS CHARITABLE TRUST
Received: On time
Elizabeth Kate Kelleher Trustee 01 September 2020
Dulwich Prep & Senior
Received: On time
Michael John TIPLADY Trustee 17 June 2016
None on record
Mr Joe Steel Trustee 19 March 2014
Dulwich Prep & Senior
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 £23.27m £21.02m £21.24m £22.37m £22.56m
Total expenditure £20.86m £19.93m £20.45m £20.69m £22.40m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £953.70k £338.45k N/A N/A
Income - Donations and legacies £22.75k £24.07k £43.31k £9.66k £37.41k
Income - Other trading activities £113.50k £130.35k £113.29k £95.68k £100.64k
Income - Charitable activities £23.13m £19.91m £20.75m £22.26m £22.39m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £6.02k £5.12k £304 £2.09k £39.57k
Income - Other £0 £953.70k £338.45k £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £20.84m £19.79m £19.98m £20.56m £22.29m
Expenditure - Raising funds £20.53k £141.29k £472.56k £130.53k £107.35k
Expenditure - Governance £80.83k £48.80k £51.48k £52.73k £55.32k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £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 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Own use assets £43.41m £42.63m £43.64m £43.15m £45.55m
Long-term investments £0 £0 £0 £0 £0
Other assets £2.67m £4.08m £4.17m £5.36m £3.26m
Defined benefit pension scheme asset or liability -£599.00k -£529.00k -£543.01k £0 £0
Total liabilities £8.76m £8.43m £8.54m £7.69m £8.02m

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 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 14 April 2023 On Time
Accounts and TAR 31 August 2022 14 April 2023 On Time Download Open in new window
Annual return 31 August 2021 27 May 2022 On Time
Accounts and TAR 31 August 2021 27 May 2022 On Time Download Open in new window
Annual return 31 August 2020 13 April 2021 On Time
Accounts and TAR 31 August 2020 13 April 2021 On Time Download Open in new window
Annual return 31 August 2019 02 October 2020 94 days late
Accounts and TAR 31 August 2019 02 October 2020 94 days late 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 INCORPORATED 13TH MARCH 1957 AS AMENDED BY SPECIAL RESOLUTIONS PASSED ON 14TH JUNE 1996 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 13 MAY 2017 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 23 NOV 2017

Charitable objects

TO PROMOTE AND PROVIDE FOR THE ADVANCEMENT OF EDUCATION OF CHILDREN IN THE UNITED KINGDOM AND ELSEWHERE

Area of benefit

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

UNITED KINGDOM AND ELSEWHERE

Contact information

Address:
42 ALLEYN PARK
DULWICH
LONDON
SE21 7AA
Phone:
02087665523
Email:
n.holliday@dpstrust.org
Website:

www.dulwichpreplondon.org Open in new window