ST EDWARD'S SCHOOL
Financial health, per its FY2025 accounts
The accounts state that net assets decreased slightly from £9,199,785 to £9,193,969, with unrestricted reserves (General Fund) standing at £7,964,047. The Governors' reserves policy targets approximately £5m, meaning the current unrestricted reserves are above this stated target. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Governors' reserves policy is to maintain the General Fund at a sufficient level to cover the School's working capital requirements, to provide a contingency against an unexpected drop in pupil numbers and to provide funds in the event of the School's needing to be wound up. These translate to a target of approximately £5m.” — page 6
“The school land and buildings are owned by Clifton Diocese and occupied by the school which maintains them.” — page 22
“The school incurred professional fees relating to the negotiation of a new lease with the Clifton Diocese, of which £14,100 was funded by the Clifton Diocese.” — page 22
“The school land and buildings are owned by Clifton Diocese and occupied by the school which maintains them.” — page 22
“The school incurred professional fees relating to the negotiation of a new lease with the Clifton Diocese, of which £14,100 was funded by the Clifton Diocese.” — page 22
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Andrew Dewar
- Andrew Elliott
- Dr CHRISTOPHER ALVEYN
- Jeremy Mawdsley
- LIAM NATHAN TAYLOR BA ED HONS
- MR M H TENNANT
- Matthew Argenti
- Matthew Higgins
- REV C PETTET
- SYLVIA MARGARET PEACH OBE, JP
- Sharon Clare Murphy
- Valerie Dickson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.1m | £7.1m |
| 31/03/2024 | £6.5m | £6.2m |
| 31/03/2023 | £5.6m | £4.9m |
| 31/03/2022 | £4.5m | £4.4m |
| 31/03/2021 | £4.4m | £3.9m |
Common questions
Is ST EDWARD'S SCHOOL financially healthy?
The accounts state that net assets decreased slightly from £9,199,785 to £9,193,969, with unrestricted reserves (General Fund) standing at £7,964,047. The Governors' reserves policy targets approximately £5m, meaning the current unrestricted reserves are above this stated target. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Fletcher & Partners.