ST GERARD'S SCHOOL TRUST
School
Objects
TO ADVANCE THE ROMAN CATHOLIC RELIGION AND TO ACQUIRE CONDUCT AND DEVELOP AN INDEPENDENT ROMAN CATHOLIC SCHOOL OR SCHOOLS FOR THE EDUCATION OF ROMAN CATHOLIC CHILDREN OR OTHER CHRISTIAN OR NON-CHRISTIAN CHILDREN
Financial health, per its FY2024 accounts
The accounts state that the Trust reported a net expenditure of £272,457 for the year ended 31 August 2024, resulting in closing unrestricted funds of £447,557. The trustees acknowledge that free reserves stood at a deficit of £329,691, reflecting a planned year of transition and strategic investment, but confirm the Trust remains a going concern with adequate resources for the foreseeable future.
What the accounts disclose
“Total income was £1,318,067 (2023: £1,597,184), with pupil fees of £1,277,192 accounting for the majority.” — page 6
“At 31 August 2024, free reserves stood at a deficit of £329,691 (2023: £54,332).” — page 7
“The pension reserve, which represents the School's TPT defined benefit pension liabilities as at year end, has annual valuations prepared by the company, and there is a repayment plan in place so as to eliminate the deficit over a 10 year period.” — page 8
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events 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
- Paying staff
- 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
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2024)
Trustees
- Maureen Bensonchair
- Brian Pigott
- Dominic Breslin
- Wendy McBride
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | — | — |
| 31/08/2024 | £1.3m | £1.6m |
| 31/08/2023 | £1.6m | £1.6m |
| 31/08/2022 | £1.4m | £1.6m |
| 31/08/2021 | £1.5m | £1.5m |
Common questions
Is ST GERARD'S SCHOOL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the Trust reported a net expenditure of £272,457 for the year ended 31 August 2024, resulting in closing unrestricted funds of £447,557. The trustees acknowledge that free reserves stood at a deficit of £329,691, reflecting a planned year of transition and strategic investment, but confirm the Trust remains a going concern with adequate resources for the foreseeable future. Its FY2024 accounts were audited by Champion Accountants LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| VISCOUNT AMORY'S CHARITABLE TRUST | 1 | £230k |
| KEREN TRUST | 1 | £5k |
| THE CARRINGTON CHARITABLE TRUST | 1 | £2k |
Charities like this
- ST MARTIN'S SCHOOL (NAWTON) TRUST LIMITED
- GRESHAM'S SCHOOL
- LEICESTER GRAMMAR SCHOOL TRUST
- GHYLL ROYD SCHOOL
- GJPS TRUST FUND
- BLUNDELL'S SCHOOL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST GERARD'S SCHOOL TRUST | £1.3m | — | — | below | — | no doubt |
| ST MARTIN'S SCHOOL (NAWTON) TRUST LIMITED | £28k | — | 0 | unclear | — | no doubt |
| GRESHAM'S SCHOOL | £51.7m | — | — | unclear | — | no doubt |
| LEICESTER GRAMMAR SCHOOL TRUST | £235.7m | £190,001 - £200,000 | — | unclear | — | no doubt |
| GHYLL ROYD SCHOOL | £1.2m | — | 0 | unclear | — | no doubt |
| GJPS TRUST FUND | £349k | — | 0 | unclear | — | no doubt |