DURHAM CATHEDRAL SCHOOLS FOUNDATION

Charity number: 1023407
Charity reporting is up to date (5 days late)

Charity overview

Activities - how the charity spends its money

Education - 3-18, co-educational day and boarding

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£12,781,814

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Donations and legacies £415.30k
Charitable activities £11.77m
Other trading activities £201.07k
Investments £397.20k
Other £0

Total expenditure:
£13,181,939

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Raising funds £481.00k
Charitable activities £12.70m
Other £0

-£14,424 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 £481.00k
Charitable expenditure £12.70m

People

183 Employee(s)

11 Trustee(s)

50 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 3
£70k to £80k 1
£80k to £90k 1
£90k to £100k 1
£110k to £120k 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:
  • Provides Services
Where the charity operates:
  • Durham

Governance

Registration history:
  • 05 February 2003: Standard registration
Organisation type:
Charitable company
Other names:
  • DURHAM SCHOOL (Previous name)
Company number:
02776914 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Estyn: Her Majesty's Inspectorate For Education And Training In Wales
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
  • 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

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Dr Monika Nangia Trustee 05 December 2024
None on record
Andrew Cawkwell Trustee 30 November 2024
None on record
Elisa Berry Trustee 29 November 2024
None on record
Dr Stephen James Bryan Trustee 01 October 2024
None on record
Prof Thomas Seymour Mole Trustee 14 December 2023
None on record
MICHAELA MARTIN Trustee 16 October 2023
None on record
CHRISTOPHER ELLIOTT Trustee 06 September 2023
None on record
Dr John Richard Hind Trustee 18 March 2022
None on record
Dr Richard John Hillier Trustee 01 February 2021
None on record
Keith William Ballantyne Trustee 27 June 2019
None on record
SIMON PATRICK JOSEPH DOBSON Trustee 05 December 2017
TYNE AMATEUR ROWING CLUB
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 £8.58m £7.88m £9.22m £10.40m £12.78m
Total expenditure £8.63m £8.27m £9.87m £10.95m £13.18m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £577.19k N/A N/A N/A
Income - Donations and legacies £0 £0 £129.82k £459.47k £415.30k
Income - Other trading activities £291.79k £119.33k £126.23k £209.15k £201.07k
Income - Charitable activities £8.24m £7.59m £8.68m £9.34m £11.77m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £40.71k £176.62k £291.36k £395.98k £397.20k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £8.31m £8.06m £9.29m £10.57m £12.70m
Expenditure - Raising funds £315.13k £209.46k £304.69k £376.62k £481.00k
Expenditure - Governance £34.41k £36.67k £61.68k £49.37k £94.56k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £270.87k £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 £5.84m £5.60m £5.49m £5.31m £5.22m
Long-term investments £931.70k £953.16k £1.08m £1.04m £1.02m
Other assets £1.74m £1.16m £2.07m £1.54m £1.48m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £7.89m £7.60m £9.04m £8.89m £9.13m

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 05 July 2024 5 days late
Accounts and TAR 31 August 2023 05 July 2024 5 days late Download Open in new window
Annual return 31 August 2022 28 June 2023 On Time
Accounts and TAR 31 August 2022 28 June 2023 On Time Download Open in new window
Annual return 31 August 2021 21 June 2022 On Time
Accounts and TAR 31 August 2021 21 June 2022 On Time Download Open in new window
Annual return 31 August 2020 04 June 2021 On Time
Accounts and TAR 31 August 2020 04 June 2021 On Time Download Open in new window
Annual return 31 August 2019 30 June 2020 On Time
Accounts and TAR 31 August 2019 30 June 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.

MEMORANDUM AND ARTICLES INCORPORATED 04/01/1993 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 26/08/1994 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 18/06/2004 NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 12/10/2012 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 18/12/2014 as amended on 23 Feb 2021

Charitable objects

TO ADVANCE THE EDUCATION OF THE PUBLIC

Area of benefit

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

NOT DEFINED

Linked charities

Linked charities
Linked charity 1023407-1 DAVIES LEGACY
Governing document
WILL PROVED AT BIRMINGHAM PROBATE REGISTRY ON 17 MARCH 1997
Charitable objects
TO THE BOARD OF GOVERNORS OF DURHAM SCHOOL FOR THE INCOME TO BE USED BY THEM IN THEIR ABSOLUTE DISCRETION TO ASSIST IN THE EDUCATION OF CHILDREN OF WARRANT AND NON-COMMISSIONED OFFICERS IN H.M. FORCES I.E. ROYAL NAVY ROYAL MARINES ARMY AND ROYAL AIR FORCE AND THE FEMALE EQUIVALENTS
Area of benefit
DURHAM
Registration history
  • 05 February 2003 : Standard registration

Contact information

Address:
DURHAM SCHOOL
DURHAM
DH1 4SZ
Phone:
0191 7319270
Email:
reception@dcsf.org.uk
Website:

www.dcsf.org.uk Open in new window