THE ST GABRIEL SCHOOLS FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £519,364 for the year, primarily due to Master plan costs and unplanned maintenance. Per the trustees' report, free reserves are negative at £225,807, which is below the stated policy target of one term's operating costs. The trustees maintain that the school has adequate resources to continue as a going concern despite these pressures.
What the accounts disclose
“The Governors consider that free reserves would ideally be equivalent to one terms operating costs, in order to cover the risks and uncertainties of operating as an independent educational establishment.” — page 11
“Mrs Heywood (Governor) has two children at the School and is in receipt of a sibling discount which amounted to £12,424 (2023: £11,616). The discount was awarded before Mrs Heywood was appointed as a Governor and was made in accordance with the School policies at that time.” — page 37
“One member of key management personnel had a son complete summer maintenance work during the year. Total pay amounted to £943 (2023: £582).” — page 37
“Mrs Heywood (Governor) has two children at the School and is in receipt of a sibling discount which amounted to £12,424 (2023: £11,616). The discount was awarded before Mrs Heywood was appointed as a Governor and was made in accordance with the School policies at that time.” — page 37
“One member of key management personnel had a son complete summer maintenance work during the year. Total pay amounted to £943 (2023: £582).” — page 37
“It operates under the trading names of “St. Gabriel’s” or “St. Gabriel’s School” or ‘’Sandleford’’ and has a subsidiary company “St. Gabriel’s School Sports Centre Ltd”, Company Registration No 4250669 (currently dormant).” — page 5
Structured financials (annual return, FY ending 31/07/2024)
Trustees
- NIGEL CHARLES GARLANDchair
- CHRISTOPHER JONES
- Derek John Peaple
- JANE WHITEHEAD
- Joanne Margaret Heywood
- Jonathan Frederick Neal Rankin
- SARAH ANNE BOWEN
- SEAN RYAN
- SIMON RALPH BARRETT
- Sarah Victoria Hutton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | — | — |
| 31/07/2024 | £8.7m | £9.2m |
| 31/07/2023 | £8.2m | £8.3m |
| 31/07/2022 | £7.1m | £7.0m |
| 31/07/2021 | £5.3m | £6.3m |
Common questions
Is THE ST GABRIEL SCHOOLS FOUNDATION financially healthy?
The accounts state that the charity reported a net expenditure of £519,364 for the year, primarily due to Master plan costs and unplanned maintenance. Per the trustees' report, free reserves are negative at £225,807, which is below the stated policy target of one term's operating costs. The trustees maintain that the school has adequate resources to continue as a going concern despite these pressures. Its FY2024 accounts were audited by Crowe U.K. LLP.