SALISBURY CATHEDRAL SCHOOL LIMITED
Financial health, per its FY2025 accounts
The accounts state that the school reported a loss before gains on investments of £73,667 for the year ended 31 August 2025, resulting in a decrease in unrestricted reserves to £66,470. The Governors note that this deficit has reduced reserves below their stated policy target of three months of recurring expenditure (£934,697) and are taking steps to build reserves back to that level.
What the accounts disclose
“The Governors’ policy is to hold sufficient reserves to cover three months of recurring expenditure and to spend any surpluses generated by the school on improving its facilities. Three months of expenditure is £934,697 and therefore the Governors are taking steps to build reserves to this level including increasing the use of school facilities for external lettings, building pupil numbers and creating efficiency savings where possible.” — page 12
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Adam Craig Treadaway
- Hilary Rosamund Albinia Bagshaw
- James Robert William Clements
- Jonathan David Sloan
- Joseph William Cooper
- Nicholas John Brown
- Timothy Michael Olliff-Lee
- William Ings
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £3.7m | £3.7m |
| 31/08/2024 | £3.7m | £3.9m |
| 31/08/2023 | £3.5m | £3.6m |
| 31/08/2022 | £3.2m | £3.2m |
| 31/08/2021 | £3.0m | £3.1m |
Common questions
Is SALISBURY CATHEDRAL SCHOOL LIMITED financially healthy?
The accounts state that the school reported a loss before gains on investments of £73,667 for the year ended 31 August 2025, resulting in a decrease in unrestricted reserves to £66,470. The Governors note that this deficit has reduced reserves below their stated policy target of three months of recurring expenditure (£934,697) and are taking steps to build reserves back to that level. Its FY2025 accounts were audited by Fawcetts LLP.