THE MERCHANT TAYLORS' SCHOOLS CROSBY
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing of resources of £1,604,881 for the year, driven by a transition year budget and investment losses. Per the trustees' report, unrestricted free reserves are limited at £15,537,963 because the majority of unrestricted funds are tied up in fixed assets, though the charity maintains a positive cash flow and sufficient financing for working capital.
What the accounts disclose
“Unrestricted funds totaling £15,554k (2024: £16,703k) are tied up largely in fixed assets and there are therefore limited free reserves as disclosed per note 17, with the policy being to reinvest in developing buildings, facilities and resources, whilst also ensuring that cashflow overall remains positive.” — page 9
“A wholly owned trading subsidiary, Merchant Taylors’ Schools Crosby Services Limited, promotes commercial activities which use the School’s assets to generate income.” — page 4
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (27/03/2026)
- Received assets from another charity (17/05/2013)
Trustees
- Anthony O'Brien
- Chris Stuart Green
- Gareth Richard Mawdsley
- Ian Kirby
- Jeremy Alexander Quartermain
- Mary Ball
- Matthew King
- Philip John Marshall KC
- Simon Krol
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £14.7m | £16.1m |
| 31/08/2024 | £15.9m | £16.4m |
| 31/08/2023 | £16.7m | £16.4m |
| 31/08/2022 | £15.8m | £16.1m |
| 31/08/2021 | £15.0m | £14.7m |
Common questions
Is THE MERCHANT TAYLORS' SCHOOLS CROSBY financially healthy?
The accounts state that the charity reported a net outgoing of resources of £1,604,881 for the year, driven by a transition year budget and investment losses. Per the trustees' report, unrestricted free reserves are limited at £15,537,963 because the majority of unrestricted funds are tied up in fixed assets, though the charity maintains a positive cash flow and sufficient financing for working capital. Its FY2025 accounts were audited by Crowe UK LLP.