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Hi, Can anyone help with the parsing of this clue please?

10a There's nearly twenty-five quid in school's gold fund (7)
Think its 'sponsor' (short pon(y) = 25 quid and or = gold
but what of the two S's? and where does the 'schools' bit come from? I'm in a bit of a muddle !

the two S's come from school = S, i suppose.
as in LSE = london school of economics?

Yea but, in that case, what do I do with the remaining 'chool'?
Or am I being totally stupid?
sorry Trevor !

Not stupid at all, Pigale.
Probably just a poor clue.

Rusty, thanks for reassuring me regarding that clue !