ST GEORGE'S SCHOOL ASCOT TRUST LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £488,101 for the year ended 31 July 2025, a shift from the previous year's surplus, driven by VAT on fees and increased operating costs. Per the trustees' report, the financial statements are prepared on a basis other than going concern due to a merger deed entered into in January 2026, under which the charity will cease operations and be wound up in summer 2026.
What the accounts disclose
“In the band £140,001 - £150,000” — page 26
“The following number of employees exceeded £60,000 emoluments” — page 26
“to build up free reserves to meet demands for further expenditure out of annual operating surpluses to equip the School with the up-to-date facilities needed to improve and maintain the standard of educational services, pastoral and sporting facilities.” — page 11
“the financial statements have not been prepared on the going concern basis.”
“One Governor had a daughter at the School during the year (1 in 2024). The Governor received no fee remission for their role as a governor.” — page 33
“Distribution of profits from subsidiary to the School under gift aid £121,595 (2024 £102,811)” — page 33
“One Governor had a daughter at the School during the year (1 in 2024). The Governor received no fee remission for their role as a governor.” — page 33
“Distribution of profits from subsidiary to the School under gift aid £121,595 (2024 £102,811)” — page 33
“the net present value of the future contributions for the ISPS Defined Benefit Scheme required over 17 years to clear the funding deficit, is £664,585” — page 34
“The Group is structured around St George’s School Ascot Trust Limited and there is one subsidiary company, St George’s Ascot Enterprises Limited company registration number 09555349.” — page 5
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- ALISTAIR MACKINTOSHchair
- Antonia Melanie Felix
- Charlotte-Louise Frances Anne Weaver
- Dr James Gibbons
- James Henry Pym
- Katie Trueman Alexander
- Paul Sedgwick
- Peter Streatfeild
- RUTH NIVEN-HIRST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £7.7m | £8.2m |
| 31/07/2024 | £8.5m | £8.0m |
| 31/07/2023 | £7.9m | £7.3m |
| 31/07/2022 | £6.8m | £6.7m |
| 31/07/2021 | £6.2m | £6.2m |
Common questions
Is ST GEORGE'S SCHOOL ASCOT TRUST LIMITED financially healthy?
The accounts state that the charity reported a net loss of £488,101 for the year ended 31 July 2025, a shift from the previous year's surplus, driven by VAT on fees and increased operating costs. Per the trustees' report, the financial statements are prepared on a basis other than going concern due to a merger deed entered into in January 2026, under which the charity will cease operations and be wound up in summer 2026. Its FY2025 accounts were audited by HaysMac LLP.
What does the highest-paid employee of ST GEORGE'S SCHOOL ASCOT TRUST LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £140,001 - £150,000 band, and 1 employees earned over £60,000.