Charity Accounts Intelreading the accounts so you don’t have to

URSULINE PREPARATORY SCHOOL WIMBLEDON TRUST

Registered charity 1079754 · accounts filings on the Charity Commission register

Primary education

Causes: Education/training · website · Get email alerts

Latest income
£2.1m
Latest spending
£2.9m
Registered
2000
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ceased to operate as a school on 31 August 2024 and the financial statements were prepared on a basis other than going concern. Per the trustees' report, net expenditure for the year was £813,795, resulting in total unrestricted funds decreasing from £3,165,069 to £2,351,274. The charity realized £3,452,000 from the sale of its property in October 2024 after repaying borrowings and paying an overage to the Ursuline Order.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £100,001 - £110,000 — in the top quarter for charities its size (median £70k)
“one employee received emoluments between £100,000 and £110,000 in the year”
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 3
“One employee received emoluments of between £60,000 and £70,000 (2023: none) and one employee received emoluments between £70,000 and £80,000 in the year (2023: one) and one employee received emoluments between £100,000 and £110,000 in the year (2023: none).” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £2.4m)
“The statement of financial activities shows that total expenditure for the year exceeded total income, with net expenditure of £813,795 (2023: £113,693). The balance sheet shows that total funds of the Trust were £2,351,274 (2023: £3,165,069).” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Fees charged to governors/trustee relatives
“Mrs C Whatling and Mrs H Hogben, governors, are parents and Mr G Smith, a trustee, is a grandparent, of pupils that attended the school for whom fees were payable to the school. Fees payable and any discounts were charged and awarded on the same basis as for other parents.” — page 19
“Schedule 2 - Deed of Overage provides that 25% of the gross sale proceeds are due to the Ursuline Order if the school buildings are disposed of. Overage of £2,125,000 was paid in October 2024.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Overage payment to Ursuline Order
“Mrs C Whatling and Mrs H Hogben, governors, are parents and Mr G Smith, a trustee, is a grandparent, of pupils that attended the school for whom fees were payable to the school. Fees payable and any discounts were charged and awarded on the same basis as for other parents.” — page 19
“Schedule 2 - Deed of Overage provides that 25% of the gross sale proceeds are due to the Ursuline Order if the school buildings are disposed of. Overage of £2,125,000 was paid in October 2024.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Jacob Cavenagh & Skeet. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2024)

Total income
£2.1m
Total spending
£2.9m
Cost of raising funds
£124k
Reserves (reported)
£2.4m
Employees
41

Reported reserves equal ~9.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (85% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 6.0% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Merton

Income and spending

Financial year endIncomeSpending
31/08/2024£2.1m£2.9m
31/08/2023£2.4m£2.5m
31/08/2022£2.4m£2.3m
31/08/2021£2.5m£2.4m
31/08/2020£2.7m£2.7m

Common questions

Is URSULINE PREPARATORY SCHOOL WIMBLEDON TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity ceased to operate as a school on 31 August 2024 and the financial statements were prepared on a basis other than going concern. Per the trustees' report, net expenditure for the year was £813,795, resulting in total unrestricted funds decreasing from £3,165,069 to £2,351,274. The charity realized £3,452,000 from the sale of its property in October 2024 after repaying borrowings and paying an overage to the Ursuline Order. Its FY2024 accounts were audited by Jacob Cavenagh & Skeet.

What does the highest-paid employee of URSULINE PREPARATORY SCHOOL WIMBLEDON TRUST earn?

Per its FY2024 accounts, the highest-paid employee was in the £100,001 - £110,000 band, and 3 employees earned over £60,000.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
VISCOUNT AMORY'S CHARITABLE TRUST1£230k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE URSULINE PREPARATORY SCHOOL.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
URSULINE PREPARATORY SCHOOL WIMBLEDON TRUST£2.1m£100,001 - £110,0003below—no doubt
THE URSULINE PREPARATORY SCHOOL FY2025£2.4m——unclear—no doubt
WARMINSTER SCHOOL FY2025£11.2m——unclear—no doubt
BISHOP CHALLONER SCHOOL FY2023£3.5m——unclear—no doubt
THE PRIOR'S FIELD SCHOOL TRUST LIMITED FY2025£7.7m——below—no doubt
EWELME VILLAGE PRE-SCHOOL FY2025£125k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.