TALBOT HEATH SCHOOL TRUST LIMITED
Financial health, per its FY2024 accounts
The accounts state that free reserves were £858,464, which is below the trustees' stated policy target of four months' expenditure (approximately £2.85m). The charity reported a net surplus of £477,074 for the year, supported by investment gains, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Governors consider the ideal level of free reserves to be a minimum of a terms worth of unrestricted fund expenditure, i.e. four months, which is approximately £2.85m.” — page 7
“Two governors (2023: Two governors) had a child at the School during the year.” — page 32
“Governors’ liability insurance is provided for all Governors as detailed in note 4 to the accounts.” — page 32
“Two governors (2023: Two governors) had a child at the School during the year.” — page 32
“Governors’ liability insurance is provided for all Governors as detailed in note 4 to the accounts.” — page 32
“Two governors (2023: Two governors) had a child at the School during the year.” — page 32
“Governors’ liability insurance is provided for all Governors as detailed in note 4 to the accounts.” — page 32
“A subsidiary trading company, Rothesay Events (registered number 10139433), wholly owned by Talbot Heath School Trust Ltd, was incorporated on 21st April 2016”
Leadership, per the charity’s website
- Cecilia Handel — Bursar (COO)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Rebecca Newtonchair
- David Walker
- Dr John Holloway
- Dr RICHARD DAY
- Elaine Brook
- Gary House
- Kathryn Heather Potten
- Rev NICHOLAS VINCENT WELLS
- Sarah Louise Hill
- Walid Badawy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £8.1m | £9.0m |
| 31/08/2024 | £9.0m | £9.0m |
| 31/08/2023 | £9.3m | £8.6m |
| 31/08/2022 | £8.1m | £8.2m |
| 31/08/2021 | £8.5m | £7.5m |
Common questions
Is TALBOT HEATH SCHOOL TRUST LIMITED financially healthy?
The accounts state that free reserves were £858,464, which is below the trustees' stated policy target of four months' expenditure (approximately £2.85m). The charity reported a net surplus of £477,074 for the year, supported by investment gains, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Saffery LLP.