RYDES HILL SCHOOL GUILDFORD
Financial health, per its FY2023 accounts
The accounts state that the charity posted a deficit of £262,374 for the year ended 31 August 2023, resulting in a decrease in total funds to £1,158,658. The trustees report that free reserves are currently under one month of operational expenditure, which is below the stated policy target of six months. Despite this low reserve position and the consideration of options to secure the long-term future, the trustees and auditors confirm the charity is a going concern.
What the accounts disclose
“The school has a financial reserves policy of 6 months operational expenditure although the current level of free reserves is under 1 months of operational expenditure.”
“The Governors are still considering options to secure the long-term future of the school.”
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Benjamin Martin
- Chris Houston
- Christopher Bentley-Mawer
- David Munro
- Maureen Elizabeth Adams
- TRACY WARD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £2.2m | £2.4m |
| 31/08/2024 | £2.1m | £2.1m |
| 31/08/2023 | £1.7m | £2.0m |
| 31/08/2022 | £1.6m | £1.8m |
| 31/08/2021 | £1.5m | £1.7m |
Common questions
Is RYDES HILL SCHOOL GUILDFORD financially healthy?
The accounts state that the charity posted a deficit of £262,374 for the year ended 31 August 2023, resulting in a decrease in total funds to £1,158,658. The trustees report that free reserves are currently under one month of operational expenditure, which is below the stated policy target of six months. Despite this low reserve position and the consideration of options to secure the long-term future, the trustees and auditors confirm the charity is a going concern. Its FY2023 accounts were audited by Bennewith 2018 Limited.