BOLTON SCHOOL

Charity Number: 1110703
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Provision of education

Income and expenditure

Data for financial year ending 31 August 2024

Total income:
£36,635,000

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Donations and legacies £1.71m
Charitable activities £33.24m
Other trading activities £1.27m
Investments £414.00k
Other £2.00k

Total expenditure:
£36,490,000

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Raising funds £590.00k
Charitable activities £34.61m
Other £1.29m

£1,048,000 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 £1.88m
Charitable expenditure £34.61m
Retained for future use £145.00k

People

588 Employee(s)

14 Trustee(s)

100 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 20
£70k to £80k 4
£80k to £90k 4
£110k to £120k 2
£120k to £130k 1
£200k to £250k 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:
  • Makes Grants To Individuals
Where the charity operates:
  • Bolton

Governance

Registration history:
  • 14 February 2007: Standard registration
  • 03 November 2009: Removed (Amalgamated)
  • 03 November 2009: Funds transferred to
Organisation type:
Charitable company
Other names:

No other names

Company number:
05458883 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
  • 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

14 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Christopher Quayle Trustee 01 September 2024
None on record
Suvadip Banerjee Trustee 20 July 2022
THE BOLTON SCHOOL BURSARY FOUNDATION
Received: On time
Dr Victoria Gibson Trustee 25 April 2022
None on record
William John Craven Trustee 03 December 2021
THE BOLTON SCHOOL BURSARY FOUNDATION
Received: On time
Katherine Helen Clinton Trustee 01 October 2021
None on record
Stewart McGuffie Trustee 01 October 2021
None on record
James Chadwick Trustee 01 October 2021
None on record
Sylvia Joy Bailey Trustee 29 November 2019
None on record
Tim Paul Taylor Trustee 29 November 2019
None on record
George Apsion Trustee 07 October 2016
None on record
Ian Riley Trustee 21 March 2014
THE BOLTON SCHOOL BURSARY FOUNDATION
Received: On time
Andrew Palmer Trustee 15 April 2013
None on record
KAREN WENDY DIGGLE Trustee 04 March 2013
None on record
AMANDA JAYNE VALENTINE Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Total gross income £29.66m £31.29m £34.33m £35.06m £36.64m
Total expenditure £29.50m £29.69m £32.52m £34.64m £36.49m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £1.19m £659.00k £103.00k £38.00k N/A
Income - Donations and legacies £1.28m £1.32m £2.09m £1.74m £1.71m
Income - Other trading activities £1.35m £506.00k £1.35m £1.22m £1.27m
Income - Charitable activities £25.57m £28.58m £30.53m £31.83m £33.24m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £264.00k £230.00k £258.00k £229.00k £414.00k
Income - Other £1.19m £666.00k £109.00k £40.00k £2.00k
Income - Legacies £0 £50.00k £793.00k £0 £0
Expenditure - Charitable activities £26.94m £28.59m £30.79m £32.96m £34.61m
Expenditure - Raising funds £234.00k £208.00k £282.00k £318.00k £590.00k
Expenditure - Governance £44.00k £36.00k £40.00k £46.00k £45.00k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £2.33m £885.00k £1.44m £1.36m £1.29m

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 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Own use assets £57.81m £25.23m £24.76m £9.63m £23.76m
Long-term investments £3.49m £42.76m £26.83m £25.46m £16.22m
Other assets £3.04m £4.82m £6.23m £7.33m £10.50m
Defined benefit pension scheme asset or liability -£2.69m -£2.95m -£2.01m -£1.49m -£1.62m
Total liabilities £4.22m £4.42m £4.95m £5.05m £11.86m

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 28 April 2025 On Time
Accounts and TAR 31 August 2024 28 April 2025 On Time Download Open in new window
Annual return 31 August 2023 02 May 2024 On Time
Accounts and TAR 31 August 2023 02 May 2024 On Time Download Open in new window
Annual return 31 August 2022 20 April 2023 On Time
Accounts and TAR 31 August 2022 20 April 2023 On Time Download Open in new window
Annual return 31 August 2021 26 April 2022 On Time
Accounts and TAR 31 August 2021 26 April 2022 On Time Download Open in new window
Annual return 31 August 2020 08 July 2021 8 days late
Accounts and TAR 31 August 2020 09 July 2021 9 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 ON 20 MAY 2005 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 08/05/2015

Charitable objects

THE CHARITY'S OBJECTS (THE OBJECTS) ARE TO ADVANCE EDUCATION BY CARRYING ON IN GREAT BRITAIN A SCHOOL OR SCHOOLS AT WHICH INFANTS, CHILDREN AND STUDENTS MAY OBTAIN EDUCATION AND INSTRUCTION IN ACADEMIC, SPORTING, MUSICAL, CULTURAL, SCIENTIFIC, TECHNICAL, RELIGIOUS, VOCATIONAL, SOCIAL AND COMMERCIAL SUBJECTS ACTIVITIES AND CRAFTS OF EVERY DESCRIPTION AND MAKING THE BENEFIT OF THE SAME AVAILABLE WHERE POSSIBLE FOR THE PUBLIC AT LARGE.

Area of benefit

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

IN PRACTICE BOLTON, GREATER MANCHESTER.

Linked charities

Linked charities
Linked charity 1110703-2 A G BRIERLEY MUSIC PRIZE
Governing document
DECLARATION OF TRUST DATED 10 NOVEMBER 1976 AS ALTERED BY A SCHEME DATED 20TH DECEMBER 2006
Charitable objects
TO PROVIDE AN ANNUAL AWARD TO A PUPIL OF BOLTON SCHOOL BOYS DIVISION, ON THE RECOMMENDATION OF THE HEADMASTER FOR PROFICIENCY ON STRINGED INSTRUMENTS AND ESPECIALLY THE VIOLIN
Area of benefit
BOLTON
Registration history
  • 14 February 2007 : Standard registration
  • 03 November 2009 : Removed
  • 03 November 2009 : Asset transfer out

Contact information

Address:
Bolton School
Boys' Division
Chorley New Road
BOLTON
BL1 4PA
Phone:
01204840201
Email:
clfox@boltonschool.org.uk
Website:

www.boltonschool.org.uk Open in new window