St Paul's Waldorf School Building
To renovate and adapt the de-consecrated and derelict St. Paul's Church, Islington, a grade 2* listed building, to provide educational facilities which are occupied by the St. Paul's Steiner School and to provide a community space.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £826 for the year ended 31 August 2025, with total unrestricted reserves standing at £1,340,863. The trustees note that they do not expect to hold significant levels of free reserves until the renovation and adaptation of the church is complete, as the project proceeds at the rate funds can be generated. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially incorrect.
What the accounts disclose
“Until the renovation and adaption of the church is complete, the trustees of St Paul's Waldorf School Building do not expect to hold significant levels of free reserves.” — page 6
“The charity received rent of £100,000 (2024 - £100,000) and donations of £91,000 (2024 - £125,000) during the year from its associated charity, St Paul's Waldorf School.” — page 19
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £191k | £191k |
| 31/08/2024 | £226k | £224k |
| 31/08/2023 | £220k | £166k |
| 31/08/2022 | £173k | £219k |
| 31/08/2021 | £117k | £119k |
Common questions
Is St Paul's Waldorf School Building financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £826 for the year ended 31 August 2025, with total unrestricted reserves standing at £1,340,863. The trustees note that they do not expect to hold significant levels of free reserves until the renovation and adaptation of the church is complete, as the project proceeds at the rate funds can be generated. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially incorrect. Its FY2025 accounts were independently examined.