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OUR LADY'S ABINGDON TRUSTEES LIMITED

Registered charity 1120372 · accounts filings on the Charity Commission register

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Latest income
£6.2m
Latest spending
£6.8m
Registered
2007
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net outgoing resource of £516,666 for the year ended 31 August 2023, resulting in a decrease in total unrestricted reserves to £3,331,962. The trustees report a material uncertainty regarding the school's ability to continue as a going concern due to forecast deficits and potential VAT impacts, though they maintain a reasonable expectation of adequate resources for the next twelve months.

What the accounts disclose

Highest-paid employee band: £100,001 - £110,000 — in the top quarter for charities its size (median £70k)
“In the band £100,001 - £110,000 2”
Per its FY2023 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“Although there is currently a shortfall in free reserves of £3,972,819, the Governors believe that the reserves should eventually be built up to meet this desired level”
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“As such the Governors acknowledge that these circumstances represent a material uncertainty that may cast significant doubt upon the School's ability to continue as a going concern.” — page 28
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Note 25
“During the year, purchases were made from Scrypt Education Limited of £2,000 (2022: £Nil), an entity for which Fady El Turk, Chairman, is a director.” — page 44
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2023)

Total income
£6.2m
Total spending
£6.8m
Cost of raising funds
£11k
Reserves (reported)
£3.3m
Employees
87

Reported reserves equal ~5.9 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Oxfordshire

Income and spending

Financial year endIncomeSpending
31/08/2025——
31/08/2024——
31/08/2023£6.2m£6.8m
31/08/2022£6.4m£6.5m
31/08/2021£5.6m£5.6m

Common questions

Is OUR LADY'S ABINGDON TRUSTEES LIMITED financially healthy?

The accounts state that the charity reported a net outgoing resource of £516,666 for the year ended 31 August 2023, resulting in a decrease in total unrestricted reserves to £3,331,962. The trustees report a material uncertainty regarding the school's ability to continue as a going concern due to forecast deficits and potential VAT impacts, though they maintain a reasonable expectation of adequate resources for the next twelve months. Its FY2023 accounts were audited by Crowe U.K. LLP.

What does the highest-paid employee of OUR LADY'S ABINGDON TRUSTEES LIMITED earn?

Per its FY2023 accounts, the highest-paid employee was in the £100,001 - £110,000 band.