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ST OLAVE'S SCHOOL TRUST

Registered charity 312734 · accounts filings on the Charity Commission register

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Latest income
£3.4m
Latest spending
£3.4m
Registered
1970
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net deficit of £6,710 for the year, resulting in a decrease in unrestricted reserves to £2,612,530. Despite the deficit, the Trustees consider the school to be in a strong financial position and confirm adequate resources for future operations. The primary source of income is fees, accounting for 99% of total income.

What the accounts disclose

Highest-paid employee band: £70,001 - £80,000 — above the median for charities its size (£70k)
“In the band £70,001 - £80,000” — page 20
Per its FY2023 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“The school had net deficit funds in the year of £6,710 (2022: £124,694). This has led to an decrease in reserves to £2,612,530 (2022: £2,619,240).” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustee S Pillay had a child attending the school.
“S Pillay was appointed as a Trustee during the year and had a child who attended the school during the year.” — page 26
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Hedley Dunk Limited. Discloses 5 of 6 completeness components.

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

Total income
£3.4m
Total spending
£3.4m
Cost of raising funds
£6k
Reserves (reported)
£2.6m
Employees
74

Reported reserves equal ~9.3 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Greenwich

Income and spending

Financial year endIncomeSpending
31/08/2025£3.4m£3.4m
31/08/2024£3.3m£3.4m
31/08/2023£3.1m£3.1m
31/08/2022£2.9m£2.8m
31/08/2021£2.9m£2.6m

Common questions

Is ST OLAVE'S SCHOOL TRUST financially healthy?

The accounts state that the charity reported a net deficit of £6,710 for the year, resulting in a decrease in unrestricted reserves to £2,612,530. Despite the deficit, the Trustees consider the school to be in a strong financial position and confirm adequate resources for future operations. The primary source of income is fees, accounting for 99% of total income. Its FY2023 accounts were audited by Hedley Dunk Limited.

What does the highest-paid employee of ST OLAVE'S SCHOOL TRUST earn?

Per its FY2023 accounts, the highest-paid employee was in the £70,001 - £80,000 band.