The School is a not-for-profit organisation and all income is retained within the School for the purposes of education.
The School aims to maintain stable and secure finances, with sufficient reserves to withstand emergencies and economic uncertainties, so that parents can have confidence in the continuance of their children’s education even in the event of adverse economic or other situations.
The School also aims to build up funds in order to fund future major capital projects and improvements to the School.
The School does not have borrowings and is not reliant on banks or other financial institutions for funding. The School does not receive any funding from the UK government and only a very small subsidy of Yen 6 million from the Japanese authorities. Almost all income is derived from fees, although the School also seeks additional funding from donations and development funds, which are used to make major capital improvements.
Bank reserves are held primarily for four purposes: to provide working capital for the School’s operational activities, including the payment of future education costs related to fees already received; to pay future liabilities such as pensions and retirement allowances; to build up funds for capital projects; and to provide an emergency fund which will enable the School to continue in operation in the event of a sudden economic downturn or other sudden emergency.
The School offers a limited number of bursaries which are intended to assist eligible families who are unable to afford the full fees. To be eligible, there must be a demonstrable benefit to the student in receiving a British Education (as opposed to other systems of education available in Tokyo) and there must be a verifiable inability of the family to pay the full amount of the fees.