ST LAURENCE EDUCATION TRUST
The main charitable activities were the provision of education to boys and girls from the ages of 11 to 18 through the independent school Ampleforth College.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus for the year, with net assets increasing significantly to £7,175,000, largely due to the transfer of funds from the Ampleforth Abbey Trust. Per the trustees' report, cashflow remained strong and the charity holds a net current asset position, allowing it to maintain a going concern basis despite recent VAT increases on fees.
What the accounts disclose
“The numbers of staff earning in excess of £60,000 per annum were as follows: 2025 15 5 2 1” — page 24
“The Governors aim to hold funds which are sufficient to meet current operational requirements and future developments. They are mindful of the need to maintain a level of reserves which enables the College to respond to circumstances and mitigate risk, including ensuring all statutory compliance.” — page 12
“The Valuation Report shows notional assets of £222.2bn and liabilities of £262.0bn resulting in a scheme deficit of £39.8bn.”
“A wholly owned subsidiary (Ampleforth College Enterprises Limited) was set up with the intention of using it for commercial activities. This entity remains dormant but may be used in future.” — page 11
In the news
- [Withdrawn] Charity Commission appoints interim manager to Ampleforth Abbey and the St Laurence Education Trust
- [Withdrawn] New charity investigation: Ampleforth Abbey and St Laurence Education Trust
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Barbara Matthews
- Burdell Robin
- Dr Michael Anthony Clarke
- Edmund Anthony Craston
- John Francis Shipsey
- Jonathan Richard Lewis
- Martha Byrne Hill
- Matthew Anthony Joseph Mostyn
- Nicholas Howard van Zeller
- Penelope Walkinshaw
- ROBERT ARTHUR HALIFAX SWORD
- Richard Edmund Tams
- Sarah Elizabeth Sadler
- Stephanie Garthwaite
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £22.4m | £17.3m |
| 31/08/2024 | £16.3m | £15.6m |
| 31/08/2023 | £17.6m | £15.3m |
| 31/08/2022 | £16.9m | £15.3m |
| 31/08/2021 | £14.6m | £14.1m |
Common questions
Is ST LAURENCE EDUCATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus for the year, with net assets increasing significantly to £7,175,000, largely due to the transfer of funds from the Ampleforth Abbey Trust. Per the trustees' report, cashflow remained strong and the charity holds a net current asset position, allowing it to maintain a going concern basis despite recent VAT increases on fees. Its FY2025 accounts were audited by Saffery LLP.
Who funds ST LAURENCE EDUCATION TRUST?
Funders whose own accounts filings name ST LAURENCE EDUCATION TRUST as a grant recipient include THE ADRIAN AND MARIE-FRANCOISE RANDAG BEQUEST, THE PHILIP MARSDEN FAMILY CHARITABLE TRUST, THE SAMUEL STOREY FAMILY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ADRIAN AND MARIE-FRANCOISE RANDAG BEQUEST | FY2025 | £231k | for fees at Ampleforth College |
| THE ADRIAN AND MARIE-FRANCOISE RANDAG BEQUEST | FY2024 | £201k | for fees at Ampleforth College |
| THE ADRIAN AND MARIE-FRANCOISE RANDAG BEQUEST | FY2023 | £154k | for fees at Ampleforth College |
| THE ADRIAN AND MARIE-FRANCOISE RANDAG BEQUEST | FY2022 | £153k | for fees at Ampleforth College |
| THE PHILIP MARSDEN FAMILY CHARITABLE TRUST | FY2025 | £35k | |
| THE SAMUEL STOREY FAMILY CHARITABLE TRUST | FY2022 | £500 | |
| THE SAMUEL STOREY FAMILY CHARITABLE TRUST | FY2023 | £130 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMERICAN SCHOOL IN LONDON FOUNDATION (UK) LIMITED | 1 | £7.9m |
| MATER ECCLESIAE CIO | 1 | £190k |
| SIR HAROLD HOOD'S CHARITABLE TRUST | 1 | £21k |
Charities like this
- St Albans Education Group
- AMPLEFORTH ABBEY
- THE ST ANDREW'S SCHOOL TRUST
- ST MARY'S COLLEGE CROSBY TRUST LIMITED
- ST OLAVE'S SCHOOL TRUST
- ST MARY'S EDUCATIONAL AND CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST LAURENCE EDUCATION TRUST | £22.4m | — | 23 | unclear | — | no doubt |
| St Albans Education Group | £33.1m | — | — | unclear | — | no doubt |
| AMPLEFORTH ABBEY | £22.2m | £200,000 - £220,000 | — | unclear | — | no doubt |
| THE ST ANDREW'S SCHOOL TRUST | £2.2m | — | — | above | — | no doubt |
| ST MARY'S COLLEGE CROSBY TRUST LIMITED | £11.5m | — | — | unclear | — | no doubt |
| ST OLAVE'S SCHOOL TRUST | £3.4m | £70,001 - £80,000 | — | unclear | — | no doubt |