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ST JOSEPH'S SCHOOL, LAUNCESTON

Registered charity 289048 · accounts filings on the Charity Commission register

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Latest income
£3.0m
Latest spending
£2.9m
Registered
1984
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds total £6,149,867, with a net income surplus of £38,266 for the year. The trustees' report indicates that the school is funded from retained profits and has a reserves policy aiming to hold £500,000 of free cash by July 2026 to fund future capital works. Per the auditors' report, the financial statements give a true and fair view and there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: £500,000 of free cash by 31st July 2026 (held: £6.1m)
“The aim is to hold £500,000 of free cash by 31st July 2026 and these reserves will be held to fund future capital works.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Gravita Audit Western Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£3.0m
Total spending
£2.9m
Reserves (reported)
£6.1m
Employees
69

Reported reserves equal ~25.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/07/2025£3.0m£2.9m
31/07/2024£2.9m£2.8m
31/07/2023£2.8m£2.6m
31/07/2022£2.6m£2.4m
31/07/2021£2.4m£2.2m

Common questions

Is ST JOSEPH'S SCHOOL, LAUNCESTON financially healthy?

The accounts state that unrestricted funds total £6,149,867, with a net income surplus of £38,266 for the year. The trustees' report indicates that the school is funded from retained profits and has a reserves policy aiming to hold £500,000 of free cash by July 2026 to fund future capital works. Per the auditors' report, the financial statements give a true and fair view and there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Gravita Audit Western Limited.