ST GERARD'S SCHOOL TRUST
School
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
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 | £110k |
Charities like this
- GREENFIELDS EDUCATIONAL TRUST
- BLUNDELL'S SCHOOL
- WARMINSTER SCHOOL
- THE ST GABRIEL SCHOOLS FOUNDATION
- The Gregg Schools Trust
- ST JOHN'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 |
| GREENFIELDS EDUCATIONAL TRUST | £1.3m | — | 0 | below | — | noted |
| BLUNDELL'S SCHOOL | £19.5m | £170,001 - £180,000 | — | unclear | — | no doubt |
| WARMINSTER SCHOOL | £11.2m | — | — | unclear | — | no doubt |
| THE ST GABRIEL SCHOOLS FOUNDATION | £9.0m | — | — | unclear | — | no doubt |
| The Gregg Schools Trust | £6.4m | unclear | — | unclear | — | no doubt |