DERBY HIGH SCHOOL TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds total £10,557,918, which is below the trustees' stated policy target of approximately £2,000,000, resulting in a reported reserves deficit of £3,366,926. The trustees acknowledge this issue and plan to build up reserves through annual operating surpluses, while maintaining adequate resources for going concern purposes.
What the accounts disclose
“The School considers that the appropriate level of free reserves which are not invested in fixed assets should ideally be equivalent to one term's expected expenditure, approximately £2,000,000.” — page 7
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Anne Katrina Penny
- Dr Abhijit Rao
- Eleanor Taylor
- Fiona Apthorpe
- HILARY ANN BARTON
- Jonathan Andrew Rhodes Munns
- Kierenjeet Kaur Majhail
- Louise Overton
- Ravindra Manak
- Rebecca Elizabeth Stojak
- Sally Wheeldon
- Sophie Chittim
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £10.2m | £9.4m |
| 31/07/2024 | £9.9m | £8.8m |
| 31/07/2023 | £8.5m | £7.7m |
| 31/07/2022 | £7.4m | £6.8m |
| 31/07/2021 | £6.3m | £5.8m |
Common questions
Is DERBY HIGH SCHOOL TRUST financially healthy?
The accounts state that unrestricted funds total £10,557,918, which is below the trustees' stated policy target of approximately £2,000,000, resulting in a reported reserves deficit of £3,366,926. The trustees acknowledge this issue and plan to build up reserves through annual operating surpluses, while maintaining adequate resources for going concern purposes. Its FY2025 accounts were audited by Dains Audit Limited.