ST DOMINIC'S PRIORY SCHOOL (STONE)
Financial health, per its FY2023 accounts
The accounts state that the school generated a surplus of £524,709 for the year ended 31 August 2023, with total income of £3,385,447 against operating expenditure of £2,860,738. The trustees report that unrestricted funds stood at £4,704,949, with a free reserves surplus of £336,212, and consider the available funds sufficient to support operations for the foreseeable future despite risks such as inflation and potential VAT changes.
What the accounts disclose
“The target level of free reserves is the current donation level which the school plans to achieve by continuing to increase pupil numbers and reduce operating costs. The target is the amount of new pupil income and cost cuts to be achieved to match current donations.”
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- KAREN CHAMPchair
- Angela Hughes
- Celia Jane Gilbert
- Elizabeth Selwood
- Martin John Ware
- Neill Kes Harvey-Smith
- Richard Scholes
- Sarah Jayne Sims
- Stuart James Hughes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £3.1m | £3.1m |
| 31/08/2024 | £3.0m | £3.0m |
| 31/08/2023 | £3.4m | £2.9m |
| 31/08/2022 | £2.5m | £2.5m |
| 31/08/2021 | £1.9m | £2.3m |
Common questions
Is ST DOMINIC'S PRIORY SCHOOL (STONE) financially healthy?
The accounts state that the school generated a surplus of £524,709 for the year ended 31 August 2023, with total income of £3,385,447 against operating expenditure of £2,860,738. The trustees report that unrestricted funds stood at £4,704,949, with a free reserves surplus of £336,212, and consider the available funds sufficient to support operations for the foreseeable future despite risks such as inflation and potential VAT changes. Its FY2023 accounts were audited by Geens Limited.