DURSTON HOUSE SCHOOL EDUCATIONAL TRUST LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £87,851 for the year ended 31 August 2025, primarily due to pupil numbers being below budget and the impact of VAT on school fees. Free reserves stood at £569,000, with the majority of total reserves (£12.2 million) deployed in tangible fixed assets. The trustees confirmed adequate resources to continue activities for the foreseeable future with no material uncertainties identified.
What the accounts disclose
“The policy is therefore to continue to build reserves out of annual operating surpluses.” — page 7
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (14/11/2024)
Trustees
- Alison Jane Palmerchair
- Jon Beresford Grantham
- Lester Ken Hou Mak
- Mark David Wilderspin
- Nicholas Christopher Hudson
- William Jeffrey Charles Key
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £6.9m | £7.1m |
| 31/08/2024 | £7.4m | £7.4m |
| 31/08/2023 | £6.8m | £7.4m |
| 31/08/2022 | £11.1m | £6.5m |
| 31/08/2021 | £5.6m | £5.5m |
Common questions
Is DURSTON HOUSE SCHOOL EDUCATIONAL TRUST LIMITED financially healthy?
The accounts state that the charity reported a net expenditure deficit of £87,851 for the year ended 31 August 2025, primarily due to pupil numbers being below budget and the impact of VAT on school fees. Free reserves stood at £569,000, with the majority of total reserves (£12.2 million) deployed in tangible fixed assets. The trustees confirmed adequate resources to continue activities for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by HaysMac LLP.