THE ORATORY SCHOOLS ASSOCIATION
Financial health, per its FY2025 accounts
The accounts state that the charity had no free reserves at the year-end, falling below the trustees' stated policy target of three months' annual expenditure (£2.3m). Per the trustees' report, the charity holds total funds of £11.3m, primarily consisting of functional fixed assets, and maintains a £1.5m loan secured on its residential property portfolio.
What the accounts disclose
“In the band £140,000 - £150,000” — page 38
“The Trustees’ policy is to hold free reserves equivalent to three months’ annual expenditure. Budgeted annual expenditure for 2025/26 is £9.3m and hence the policy would require free reserves of £2.3m.” — page 13
“Included in other loans is a balance of £Nil (2024: £200,000) owed to The Oratory Schools Foundation. This was donated to the school in the year and, as such, no longer requires to be paid.” — page 51
“During the period, Governors donated £195 towards the All Weather Pitch fund (2024: £Nil).” — page 51
“Included in other loans is a balance of £Nil (2024: £200,000) owed to The Oratory Schools Foundation. This was donated to the school in the year and, as such, no longer requires to be paid.” — page 51
“During the period, Governors donated £195 towards the All Weather Pitch fund (2024: £Nil).” — page 51
“The Association owns 100% of the ordinary share capital of Oratory Trading Limited, which provides leisure, sporting and recreational activities to third parties.” — page 7
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Angela Shields
- Colonel Tom Christopher Stephen Bonas
- Fr Daniel Seward
- Francis Patrick Gargent
- Georgina Collicutt
- Grace Ronksley
- JONATHAN RICHARD BARNARD HOBBS
- Joanne Smith
- John Robert Wyndham Wilder
- Jonathan Rawlings
- KATHERINE MARY CARBERRY-LONG
- Marie Pascale Lo
- Matthew Dent
- Peter McDonald
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £10.9m | £10.7m |
| 31/08/2024 | £11.0m | £10.7m |
| 31/08/2023 | £10.9m | £9.6m |
| 31/08/2022 | £8.2m | £8.1m |
| 31/08/2021 | £7.7m | £7.0m |
Common questions
Is THE ORATORY SCHOOLS ASSOCIATION financially healthy?
The accounts state that the charity had no free reserves at the year-end, falling below the trustees' stated policy target of three months' annual expenditure (£2.3m). Per the trustees' report, the charity holds total funds of £11.3m, primarily consisting of functional fixed assets, and maintains a £1.5m loan secured on its residential property portfolio. Its FY2025 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of THE ORATORY SCHOOLS ASSOCIATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £140,001 - £150,000 band.