DURHAM CATHEDRAL SCHOOLS FOUNDATION
Education - 3-18, co-educational day and boarding
Financial health, per its FY2025 accounts
The accounts state that the Group held a net deficit of £933,765 as of 31 August 2025, driven by historic pension obligations and depreciation. Per the Trustees' report, the Group is dependent on bank facilities due for renewal in January 2027, creating a material uncertainty regarding its ability to continue as a going concern. Despite this, the Trustees maintain that resources are adequate for the foreseeable future.
What the accounts disclose
“In the band £90,001 - £100,000 4” — page 34
“Our reserves policy is to achieve free reserves of 3-6 months of operating expenditure.”
“The group has net current liabilities as at 31 August 2025. It is dependent on the continuing support of the bank, who’s facilities are due for renewal in January 2027. As stated in note 1.2, these conditions indicate that a material uncertainty exists that may cast significant doubt on the Group’s or the Parent Charitable Company's ability to continue as a going concern.” — page 15
Year-over-year changes
- Top pay band moved from £110,001 - £120,000 (FY2024) to £90,001 - £100,000 (FY2025).
- Going concern: going-concern doubt noted (FY2024) → material uncertainty (FY2025).
In the news
Leadership, per the charity’s website
- Dr Michael Alderson — Principal and Head of Durham School
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- CHRISTOPHER ELLIOTT
- Claire Louise Logue
- Dr John Richard Hind
- Dr Monika Nangia
- Dr Stephen James Bryan
- Elisa Berry
- Jill Florence Hindmarsh
- MICHAELA MARTIN
- Prof Thomas Seymour Mole
- SIMON PATRICK JOSEPH DOBSON
- Sylvia Frances Brett
- Timothy John Mallon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £14.1m | £14.1m |
| 31/08/2024 | £14.1m | £14.4m |
| 31/08/2023 | £12.8m | £13.2m |
| 31/08/2022 | £10.4m | £10.9m |
| 31/08/2021 | £9.2m | £9.9m |
Common questions
Is DURHAM CATHEDRAL SCHOOLS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the Group held a net deficit of £933,765 as of 31 August 2025, driven by historic pension obligations and depreciation. Per the Trustees' report, the Group is dependent on bank facilities due for renewal in January 2027, creating a material uncertainty regarding its ability to continue as a going concern. Despite this, the Trustees maintain that resources are adequate for the foreseeable future. Its FY2025 accounts were audited by Clive Owen LLP.
What does the highest-paid employee of DURHAM CATHEDRAL SCHOOLS FOUNDATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band.
Who funds DURHAM CATHEDRAL SCHOOLS FOUNDATION?
Funders whose own accounts filings name DURHAM CATHEDRAL SCHOOLS FOUNDATION as a grant recipient include SIR JOHN PRIESTMAN CHARITY TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SIR JOHN PRIESTMAN CHARITY TRUST | FY2024 | £8k | Section 2(f) |
| SIR JOHN PRIESTMAN CHARITY TRUST | FY2021 | £4k | Charitable Or anisations |
| SIR JOHN PRIESTMAN CHARITY TRUST | FY2022 | £2k | Section 2 f Charitable Organisations |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 25/11/2021 | £3k | A grant to Durham Cathedral Schools Foundation |
Charities like this
- ST EDMUND'S SCHOOL TRUST LIMITED
- BISHOP CHALLONER SCHOOL
- DURSTON HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
- ST JOHN'S COLLEGE, DURHAM
- NOTRE DAME PREPARATORY SCHOOL (NORWICH) LIMITED
- THE DAIGLEN SCHOOL TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DURHAM CATHEDRAL SCHOOLS FOUNDATION | £14.1m | £90,001 - £100,000 | — | unclear | — | material uncertainty |
| ST EDMUND'S SCHOOL TRUST LIMITED | £17.3m | £230,000 - £240,000 | — | above | — | no doubt |
| BISHOP CHALLONER SCHOOL | £3.5m | — | — | unclear | — | no doubt |
| DURSTON HOUSE SCHOOL EDUCATIONAL TRUST LIMITED | £6.9m | — | — | unclear | — | no doubt |
| ST JOHN'S COLLEGE, DURHAM | £8.2m | — | — | unclear | — | no doubt |
| NOTRE DAME PREPARATORY SCHOOL (NORWICH) LIMITED | £1.2m | £60,001 - £70,000 | 2 | below | — | no doubt |