QUEEN'S GATE SCHOOL TRUST LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity achieved a financial surplus of £508,306 for the year ended 31 August 2023, driven by a 4.7% increase in gross fee income and £164,355 generated from cash reserves. Per the trustees' report, unrestricted reserves increased by £508,306 to £8,705,698, which the Governors consider to be in line with their policy to build reserves for loan repayments and future development. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Of the employees whose emoluments exceed £60,000, 20 (2022: 9) have retirement benefits accruing under defined benefits schemes” — page 24
“Over the medium term it is the policy of the Governors to build up reserves to cover the interest and capital repayments on the Barclays Bank loan relating to 125-126 Queen’s Gate as well as provide funds for the future development of the School.” — page 8
Leadership, per the charity’s website
- Amy Wallace — Principal
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Reica Graychair
- Carol Davis KC
- Clare Lenterman
- David Peter Sharman
- Emma Patricia Ghosh
- MANINA WELDON
- Nicola Bright
- Paul Baldwin
- Shai Lewis Hill
- Simon James Underwood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £12.4m | £11.9m |
| 31/08/2024 | £12.2m | £11.7m |
| 31/08/2023 | £11.7m | £11.2m |
| 31/08/2022 | £11.0m | £10.8m |
| 31/08/2021 | £10.5m | £10.2m |
Common questions
Is QUEEN'S GATE SCHOOL TRUST LIMITED financially healthy?
The accounts state that the charity achieved a financial surplus of £508,306 for the year ended 31 August 2023, driven by a 4.7% increase in gross fee income and £164,355 generated from cash reserves. Per the trustees' report, unrestricted reserves increased by £508,306 to £8,705,698, which the Governors consider to be in line with their policy to build reserves for loan repayments and future development. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by TC Group.