KING'S SCHOOLS TAUNTON LTD
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £1,247,264 for the year ended 31 August 2025, driven largely by capital investments in property and equipment. Per the trustees' report, free reserves are effectively zero as unrestricted funds are utilized to finance ongoing infrastructure improvements, with the charity relying on its substantial portfolio of fixed assets and annual trading surpluses for financial viability.
What the accounts disclose
“Although there is not a specific target, KST intends to build them up over time. At the present stage in the development cycle the free reserves are being utilised in order to finance on-going improvements” — page 18
“Included within the above charitable expenditure is payments to governors for consutancy services provided. One governor was paid a total of £5,000 during the year (2024 £5,000).” — page 43
“An amount of £130,250 (2024: £127,077) was paid in the period to the Corporation by way of a levy to meet Corporation running costs.” — page 53
“the schools made recharges of £298,537 (2024: £236,216) to WST Enterprises Limited for costs incurred to support these lettings such as catering and staff cost”
“An amount of £130,250 (2024: £127,077) was paid in the period to the Corporation by way of a levy to meet Corporation running costs.” — page 53
“the schools made recharges of £298,537 (2024: £236,216) to WST Enterprises Limited for costs incurred to support these lettings such as catering and staff cost”
“An amount of £130,250 (2024: £127,077) was paid in the period to the Corporation by way of a levy to meet Corporation running costs.” — page 53
“the schools made recharges of £298,537 (2024: £236,216) to WST Enterprises Limited for costs incurred to support these lettings such as catering and staff cost”
“The Company has a contingent liability of some £31,545 in relation to a deficit on its Pension Trust Growth Plan scheme (see also note 26).” — page 19
“The Company has two wholly owned non-charitable subsidiaries, WST Enterprises Limited and King’s College Schools International Limited.” — page 7
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Jolyon Robert Alban Woodardchair
- CHARIS CAVAGHAN-PACK BED JP
- Dr Helene Dominique Plant
- John Edward Knill
- MAX NICHOLAS BRITTEN
- Marcus Anthony Gunn
- Nicholas Ramsay Dixon
- Rebecca Wells-Cole
- Roger Mark Uvedale Lambert
- William John Morrison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £16.8m | £18.1m |
| 31/08/2024 | £18.5m | £18.2m |
| 31/08/2023 | £18.8m | £17.2m |
| 31/08/2022 | £17.2m | £16.7m |
| 31/08/2021 | £14.6m | £14.6m |
Common questions
Is KING'S SCHOOLS TAUNTON LTD financially healthy?
The accounts state that the charity reported a net deficit of £1,247,264 for the year ended 31 August 2025, driven largely by capital investments in property and equipment. Per the trustees' report, free reserves are effectively zero as unrestricted funds are utilized to finance ongoing infrastructure improvements, with the charity relying on its substantial portfolio of fixed assets and annual trading surpluses for financial viability. Its FY2025 accounts were audited by Moore Kingston Smith LLP.