Finance Score: -1

Governance Score: 6

Support Score: 0

Poor Liquidity: -1
Pension deficit: -1
Multiple Deficits: -2
Fundraising costs low: +3

Good trustee age range: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 5

THE UNITED WESTMINSTER AND GREY COAT FOUNDATION

Object: to advance education for the public benefit. Achieved by establishing, operating & supporting schools, run in accordance with Christian principles - both state-funded & independent. Formed from five small charity schools, all founded 1594-1674 to benefit poor children in Westminster (Clothworkers' charity school, founded 1576 in Kent later added). Schools today remain in or near London.

Analysis by Giving is Great

Positives:

Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and gender

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
There is a pension deficit of £2,577,000
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/08/23	£72,134	£71,338	£796	£1,942	£138,810	£524	0.1	861
31/08/22	£66,874	£66,486	£388	£1,377	£138,923	£101	0	867
31/08/21	£60,428	£60,623	£-195	£729	£134,982	£36,075	7.1	872
31/08/20	£57,693	£59,477	£-1,784	£973	£128,985	£28,239	5.7	947
31/08/19	£58,595	£59,824	£-1,229	£1,135	£126,275	£7	0	856

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Financial Ratios

Fundraising Costs/Relevant Income: 3.3%
Fundraising Costs/Total Spending: 3.1%
Senior Staff Costs/Total Spending: 17%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 28%
Liabilities/Income: 78%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 0.1 months
Net Current Assets/Spending: 3 months
Quick Ratio: 0

Asset Split ?

Balance Sheet History

Established: 6 years

http://westminstergreycoat.org

02079636861

Charity Commission for England and Wales

Listed activities

Education/Training

GiG Classification

Secondary schools

How it operates

Makes grants to individuals
Makes grants to organisations
Provides buildings/facilities/open space
Provides services

Where it operates

City Of Westminster, Kent, Reading, Wandsworth,

Who it helps

Children/Young People

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (12)

Current Trustees appointed

Gender Split

Based on 11/12 persons

Age Range of Trustees: 39-72

ADINA-IOANA URITESCU Appointed: 2020, Occupation: Hr Professional

DOROTHY GILLIAN SWAINE Appointed: 2019, Occupation: Retired

JOHN OLIVER NESBITT Appointed: 2019, Occupation: Property Consultant

MIRANDA JANE RICHARDS Appointed: 2019, Occupation: Investment Management

MARGARET CORBALLY Appointed: 2021, Occupation: Tax Advisor

MARKUS JAIGIRDER Appointed: 2019, Occupation: Retired

MOHSEN OJJA Appointed: 2020, Occupation: Education Director

RODERICK DAVID CLARK Appointed: 2019, Occupation: Chief Executive

SUSAN MARY LOWSON Appointed: 2019, Occupation: Lead Clinician

TARA JOHN DOUGLAS-HOME Appointed: 2019, Occupation: Management Consultant

TOBY JONATHAN MULLINS Appointed: 2020, Occupation: Executive Headteacher

WILLIAM ALEXANDER WELLS Appointed: 2020, Occupation: Banker

Legal constitution

Charitable company registered in England & Wales on 05/12/2018, number: 1181012
Registered at Companies House on 13/07/2018, number: 11464504

Gift Aid

Registered with HMRC for Gift Aid

Event History

Linked charity: CLOTHWORKERS PRIZE
Linked charity: CHARLES FOSTER ATCHISON SCHOLARSHIP
Linked charity: SUTTON VALENCE SCHOOL GENERAL CHARITABLE TRUST
Linked charity: JAMES POOLE PRIZE FOR ENGLISH
Linked charity: S J AINSLEY PRIZE FOR TECHNICAL DRAWING
Linked charity: CUDDEFORD PRIZE
Linked charity: GARSIDE HISTORY PRIZE
Linked charity: JOHN FRUDIN MEMORIAL PRIZE
Linked charity: FRANCIS OLLETT MEMORIAL PRIZE
Linked charity: MRS PAT JONES PRIZE FOR HANDICRAFT
Linked charity: JACK MAY MEMORIAL PRIZE
Linked charity: JOHN SKINNER PHYSICS PRIZE
Linked charity: MRS FLORENCE WHITLOCK PRIZE FOR HISTORY
Linked charity: MRS PATRICIA JONES EIDEM PRIZE FOR BRITISH CONSTITUTION
Linked charity: REVEREND LESLIE BABER PRIZE FUND
Linked charity: EMANUAL SCHOOL WAR MEMORIAL SCHOLARSHIP FUND
Linked charity: SHIRLEY GOODWIN SCHOLARSHIP FUND
Linked charity: GRUNDY PRIZE
Linked charity: HIPKINS PRIZE
Linked charity: PEARMAIN PRIZE
Linked charity: CHARLES HILL PRIZE
Linked charity: S T WHITAKER PRIZE
Linked charity: GRIZELLE HISTORY PRIZE FUND
Linked charity: W S THOMAS SCHOLARSHIP FUND
Linked charity: THE OLD WESTMINSTER CITIZENS TRUST FUND
Linked charity: C L OAKLEY PRIZE FUND
Linked charity: RICKETTS PRIZE FOR EXCELLANCE
Linked charity: BASSOM PRIZE FOR SPOKEN ENGLISH
Linked charity: WILTSHIRE SWIMMING PRIZE
Linked charity: J MORISON BEQUEST
Linked charity: CHARLES CUTTS PRIZE
Linked charity: DENT MEMORIAL PRIZE
Linked charity: R E MACHIN PRIZE FUND
Linked charity: F W ROBINSON PRIZE FUND
Linked charity: STEVENS PRIZE
Linked charity: STEVENS TRAVELLING SCHOLARSHIP
Linked charity: FREDERICK CECIL CHAPMAN
Linked charity: CLOTHWORKERS' BURSARY OF BUSARIES
Linked charity: JOYCE DRAYSON PRIZE FOR ART WORK
Linked charity: G W GILBERT TRUST
Linked charity: HINSHELWOOD PRIZE FOR SCIENCES
Linked charity: THE HAMMOND SCHOLARSHIP FUND
Linked charity: THE RADLEYS'AWARD
Linked charity: BLAIR PRIZE FOR GENERAL STUDIES IN THE LOWER SIXTH
Linked charity: AUBREY PRIZE
Linked charity: KEMPSON PRIZE
Linked charity: MRS MORRISON'S BEQUEST
Linked charity: MISS G M I BLACKBURNE'S BEQUEST
Linked charity: CANON W H ELLIOTT PRIZE
Linked charity: EVELYN LADY GRANT PRIZE
Linked charity: FREDERICK ALP PRIZE
Linked charity: CAFFYN PRIZE FOR ORIGINAL CREATIVE THOUGHT
Linked charity: CHALLIS PRIZE FOR ENGLISH
Linked charity: ELSIE DAY PRIZE FUND
Linked charity: LILIAN CLEAVE PRIZES
Linked charity: RUSSELL SPOKES PRIZE
Linked charity: CHETHAM-STRODE PRIZE
Linked charity: PASCOE PRIZE
Linked charity: MARKEY PRIZE
Linked charity: VICAT COLE BEQUEST
Linked charity: MERCERS' PRIZE FUND
Linked charity: LADY SYKES PRIZE
Linked charity: CRAIG PRIZE FOR OUTSTANDING CONTRIBUTION TO THE LIFE OF THE SCHOOL
Linked charity: KIRKPATRICK TRAVEL AWARD
Linked charity: PRISTON PRIZE
Linked charity: DAME EDITH EVANS PRIZE
Linked charity: THE FOUNDATION PRIZE FOR MATHEMATICS
Linked charity: KENT PRIZE
Linked charity: ST THOMAS-ON-THE-BOURNE DIVINITY PRIZES
Linked charity: AMY TREVOR STEELE FUND
Linked charity: BASS PRIZE
Linked charity: CATHERINE ROLFE PRIZE
Linked charity: LADY YARROW PRIZE FOR GOOD ACADEMIC WORK
Linked charity: DOREEN STEVENSON PRIZE
Linked charity: REID PRIZE
Linked charity: THE UNITED WESTMINSTER AND GREY COAT ENDOWMENT TRUST
Linked charity: THE WESTMINSTER TECHNICAL FUND
Linked charity: GREY COAT HOSPITAL FOUNDATION
Linked charity: GREY COAT HOSPITAL FOUNDATION
Linked charity: THE GREY COAT HOSPITAL ADVENTURE TRUST
02/02/2022 - Asset transfer in from GREY COAT HOSPITAL FOUNDATION
29/12/2023 - Asset transfer in from CUNEO SOCIETY

Policies in force

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

Filing Record

5 returns made; all on time

Recent reorganisation events:

Asset transfer in from GREY COAT HOSPITAL FOUNDATION on 02/02/2022
Asset transfer in from CUNEO SOCIETY on 29/12/2023

Main office

UNITED WESTMINSTER + GREY COAT FDN
57 PALACE STREET
LONDON

Objectives

TO ADVANCE FOR THE PUBLIC BENEFITEDUCATION BY ESTABLISHING, MAINTAINING, OPERATING, MANAGING OR OTHERWISESUPPORTING SCHOOLS WHETHER STATE-FUNDED OR INDEPENDENT WHICH ARE OR SHALL BE RUNIN ACCORDANCE WITH CHRISTIAN PRINCIPLES AND PRACTICES.IN FURTHERANCE OF THIS THE CHARITY SHALL MAKE PROVISION FOR:3.1.1 TWO SCHOOLS FOR GIRLS OR FOR GIRLS AND BOYS IN WHICH RELIGIOUS INSTRUCTIONSHALL BE IN ACCORDANCE WITH THE DOCTRINES OF THE CHURCH OF ENGLAND, THAT ISTO SAY:(A) A DAY SCHOOL CALLED THE GREY COAT HOSPITAL IN OR NEAR WESTMINSTERAND(B) A BOARDING AND DAY SCHOOL CALLED QUEEN ANNE’S SCHOOL ATCAVERSHAM, BERKSHIRE OR ELSEWHERE WITHIN FIFTY MILES OR THEREABOUTSFROM LONDON;3.1.2 THREE SCHOOLS FOR BOYS OR FOR BOYS AND GIRLS IN WHICH THE RELIGIOUSINSTRUCTION SHALL BE IN ACCORDANCE WITH THE PRINCIPLES OF THE CHRISTIAN FAITH,THAT IS TO SAY:(A) A DAY SCHOOL CALLED WESTMINSTER CITY SCHOOL IN OR NEAR WESTMINSTER(B) A DAY SCHOOL CALLED EMANUEL SCHOOL AT WANDSWORTH COMMON ORELSEWHERE IN THE GREATER LONDON AREA; AND(C) A DAY AND BOARDING SCHOOL CALLED SUTTON VALENCE SCHOOL AT OR NEARSUTTON VALENCE, KENT OR ELSEWHERE WITHIN FIFTY MILES OR THEREABOUTSFROM LONDON; AND ALSO3.1.3 SUCH OTHER SCHOOL OR SCHOOLS AS THE TRUSTEES MAY FROM TIME TO TIMEDETERMINE.

Data Sources

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