THE PILGRIMS' SCHOOL
Financial health, per its FY2023 accounts
The accounts state that the School made a net surplus of £84,197 for the year ended 31 August 2023, improving on previous years. Per the trustees' report, free reserves (unrestricted funds less fixed assets) were £194,000, a level the Finance and General Purposes Committee concluded was appropriate given the School's financial risks and cash position.
What the accounts disclose
“The School's reserve policy requires it to maintain sufficient reserves to enable it to meet its short-term financial objectives in the event of an unexpected revenue shortfall or the emergence of an unexpected liability.” — page 8
“Included in premises cost is rent of £155,000 (2021/22: £155,000) payable to the Chapter of Winchester.” — page 29
“During the year, £216,840 (2021/22: £208,520) of School fees were paid by Wmchester Cathedral for the education of the Cathedral's Chorisrers.” — page 30
“Included in premises cost is rent of £155,000 (2021/22: £155,000) payable to the Chapter of Winchester.” — page 29
“During the year, £216,840 (2021/22: £208,520) of School fees were paid by Wmchester Cathedral for the education of the Cathedral's Chorisrers.” — page 30
“Included in premises cost is rent of £155,000 (2021/22: £155,000) payable to the Chapter of Winchester.” — page 29
“During the year, £216,840 (2021/22: £208,520) of School fees were paid by Wmchester Cathedral for the education of the Cathedral's Chorisrers.” — page 30
“Included in premises cost is rent of £155,000 (2021/22: £155,000) payable to the Chapter of Winchester.” — page 29
“During the year, £216,840 (2021/22: £208,520) of School fees were paid by Wmchester Cathedral for the education of the Cathedral's Chorisrers.” — page 30
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Jeremy Griffithchair
- Andrew Peter Nevin Barnard
- Jules Flory
- Mike wilson
- Sarah Jayne Saunders
- Stuart Neil Woodward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £5.5m | £5.9m |
| 31/08/2024 | £5.3m | £5.7m |
| 31/08/2023 | £5.2m | £5.1m |
| 31/08/2022 | £5.2m | £5.2m |
| 31/08/2021 | £4.8m | £5.0m |
Common questions
Is THE PILGRIMS' SCHOOL financially healthy?
The accounts state that the School made a net surplus of £84,197 for the year ended 31 August 2023, improving on previous years. Per the trustees' report, free reserves (unrestricted funds less fixed assets) were £194,000, a level the Finance and General Purposes Committee concluded was appropriate given the School's financial risks and cash position. Its FY2023 accounts were audited by Azets Audit Services.