OUR LADY OF SION SCHOOL, WORTHING
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £37,859 for the year ended 31 August 2023, with total incoming resources of £4,270,205 and total expenditure of £4,295,216. Free unrestricted reserves stood at £2,835,257, which the trustees consider sufficient to meet their policy target of six months' expenditure. The trustees and auditors confirm the charity is a going concern with adequate resources for the foreseeable future.
What the accounts disclose
“The Governors have set a reserve policy of ensuring that the School has the equivalent of a minimum of six months expenditure held in reserves.”
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Gary Rawlinsonchair
- Amit TALATI
- Antonio Puglia
- Dr SUSAN COLDWELL
- GILL BUQUE
- Jane Dahill
- Marios Kyriacou
- Roger Allingham
- Sajed Hussain Khan
- Sally Tomlinson
- Stephen Telfer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £4.0m | £4.5m |
| 31/08/2024 | £4.3m | £4.7m |
| 31/08/2023 | £4.3m | £4.3m |
| 31/08/2022 | £4.2m | £4.0m |
| 31/08/2021 | £3.9m | £3.7m |
Common questions
Is OUR LADY OF SION SCHOOL, WORTHING financially healthy?
The accounts state that the charity reported a net deficit of £37,859 for the year ended 31 August 2023, with total incoming resources of £4,270,205 and total expenditure of £4,295,216. Free unrestricted reserves stood at £2,835,257, which the trustees consider sufficient to meet their policy target of six months' expenditure. The trustees and auditors confirm the charity is a going concern with adequate resources for the foreseeable future. Its FY2023 accounts were audited by Alliotts LLP.