WELLS CATHEDRAL SCHOOL LIMITED

Registered charity 310212 · accounts filings on the Charity Commission register

The education and care of c.700 boys and girls from ages 3-18, including the choristers of the cathedral church of St Andrews in Wells. The school is also one of the four government supported specialist music schools in the country and advanced musical training is provided for about a third of its pupils.

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Latest income
£19.1m
Latest spending
£20.1m
Registered
1967
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Group reported a consolidated net deficit of £948k for the year ended 31 August 2025, driven by a £1,064k deficit at the School level which was partially offset by a £115k surplus from the Foundation. Per the trustees' report, free reserves are currently in a deficit of £6,293k, although the Governors hold significant designated reserves of £19,563k to support operations and asset investment.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months operating costs (held: £-6.3m)
“The Governors believe that, over time, a prudent level of free reserves, consistent with the business risks of the School, equivalent to six months operating costs should be accumulated.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent paid to Chapter of Wells Cathedral
“Rent was paid to the Chapter of £210k (2024: £210k) under a repairing lease expiring in 2063 in respect of certain School buildings.” — page 55
“Veale Wasbrough Vizards, of which a Governor is a partner, received £32k (2024: £80k) from the School” — page 55
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Legal fees paid to Veale Wasbrough Vizards (Governor partner)
“Rent was paid to the Chapter of £210k (2024: £210k) under a repairing lease expiring in 2063 in respect of certain School buildings.” — page 55
“Veale Wasbrough Vizards, of which a Governor is a partner, received £32k (2024: £80k) from the School” — page 55
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Legal fees paid to Patterson Bristol (Governor shareholder)
“Rent was paid to the Chapter of £210k (2024: £210k) under a repairing lease expiring in 2063 in respect of certain School buildings.” — page 55
“Veale Wasbrough Vizards, of which a Governor is a partner, received £32k (2024: £80k) from the School” — page 55
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Examination fees paid to ABRSM (Governor director)
“Rent was paid to the Chapter of £210k (2024: £210k) under a repairing lease expiring in 2063 in respect of certain School buildings.” — page 55
“Veale Wasbrough Vizards, of which a Governor is a partner, received £32k (2024: £80k) from the School” — page 55
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Music services paid to Bristol Music Trust Ltd (Foundation Trustee director)
“Rent was paid to the Chapter of £210k (2024: £210k) under a repairing lease expiring in 2063 in respect of certain School buildings.” — page 55
“Veale Wasbrough Vizards, of which a Governor is a partner, received £32k (2024: £80k) from the School” — page 55
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

24 registered titles in England and Wales held by the charity’s company or corporate body (22 freehold); recorded price paid £875k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 31/08/2025)

Total income
£19.1m
Total spending
£20.1m
Cost of raising funds
£643k
Reserves (reported)
£13.3m
Employees
441

Reported reserves equal ~7.9 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (95% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 3.4% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Somerset

Income and spending

Financial year endIncomeSpending
31/08/2025£19.1m£20.1m
31/08/2024£19.5m£19.8m
31/08/2023£18.4m£18.0m
31/08/2022£16.9m£16.2m
31/08/2021£15.3m£15.5m

Common questions

Is WELLS CATHEDRAL SCHOOL LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the Group reported a consolidated net deficit of £948k for the year ended 31 August 2025, driven by a £1,064k deficit at the School level which was partially offset by a £115k surplus from the Foundation. Per the trustees' report, free reserves are currently in a deficit of £6,293k, although the Governors hold significant designated reserves of £19,563k to support operations and asset investment. Its FY2025 accounts were audited by Crowe U.K. LLP.

Who funds WELLS CATHEDRAL SCHOOL LIMITED?

Funders whose own accounts filings name WELLS CATHEDRAL SCHOOL LIMITED as a grant recipient include THE WELLS CATHEDRAL CHORISTER TRUST, THE OUSELEY CHURCH MUSIC TRUST, THE ALBERT AND EUGENIE FROST MUSIC TRUST CIO.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE WELLS CATHEDRAL CHORISTER TRUSTFY2024£52kBursaries for choristers
THE WELLS CATHEDRAL CHORISTER TRUSTFY2022£32kBursaries for choristers (paid directly to the School for tuition and/or boarding fees)
THE OUSELEY CHURCH MUSIC TRUSTFY2022£21kGrants for musicians
THE ALBERT AND EUGENIE FROST MUSIC TRUST CIOFY2023£6k
THE ALBERT AND EUGENIE FROST MUSIC TRUST CIOFY2024£6k
THE ALBERT AND EUGENIE FROST MUSIC TRUST CIOFY2022£4k
THE OUSELEY CHURCH MUSIC TRUSTFY2023£2kFees

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE WELLS CATHEDRAL SCHOOL FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WELLS CATHEDRAL SCHOOL LIMITED£19.1m——unclear—no doubt
THE WELLS CATHEDRAL SCHOOL FOUNDATION FY2025£240k—0unclear—no doubt
THE WELLS CATHEDRAL CHORISTER TRUST FY2025£512k—0unclear—no doubt
THE PURCELL SCHOOL FY2025£9.2m£120,001 - £130,000—below—no doubt
WESTMINSTER CATHEDRAL CHOIR SCHOOL FY2025£7.1m——unclear—no doubt
WELLINGTON SCHOOL 1837 FY2025£18.3m——below—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.