OSWESTRY SCHOOL
Financial health, per its FY2023 accounts
The accounts state that the school achieved a net income surplus of £7,678,622 for the year ended 31 August 2023, driven by strong pupil recruitment and fee income. However, the school reports a deficit in free reserves of £62,876,006, which the governors attribute to significant ongoing investment in school infrastructure and facilities. The trustees confirm the school is a going concern with adequate resources and banking facilities to continue operations.
What the accounts disclose
“The aim will always be to ensure that the School has sufficient cash reserves to cover current expenditure which is monitored monthly in the management accounts.” — page 12
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- PETER TREVOR WILCOX-JONESchair
- Andrea Jane Lee
- Andrew John Grove
- BRIAN WELTI
- Christopher Joel Dillon
- Claire Alexandra Belk
- DAVID PAUL EVISON
- Edward Bowen
- Helen Victoria Cox
- James David Lloyd
- Jo Beaver
- Lyndsay Margaret Guy Jenkins
- Rachel Warner
- Sara Lyn Ellis-Anderson
- Victoria Ann Louise Sugden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £9.8m | £8.9m |
| 31/08/2024 | £9.1m | £8.9m |
| 31/08/2023 | £7.9m | £7.7m |
| 31/08/2022 | £6.7m | £6.6m |
| 31/08/2021 | £6.0m | £5.6m |
Common questions
Is OSWESTRY SCHOOL financially healthy?
The accounts state that the school achieved a net income surplus of £7,678,622 for the year ended 31 August 2023, driven by strong pupil recruitment and fee income. However, the school reports a deficit in free reserves of £62,876,006, which the governors attribute to significant ongoing investment in school infrastructure and facilities. The trustees confirm the school is a going concern with adequate resources and banking facilities to continue operations. Its FY2023 accounts were audited by WR Partners.