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THE ST PETER AND ST PAUL SCHOOL TRUST

Registered charity 516113 · accounts filings on the Charity Commission register · also known as ST PETER & ST PAUL SCHOOL

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Latest income
£1.5m
Latest spending
£1.3m
Registered
1985
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net surplus of £64,309 for the year ended 31 August 2023, carrying forward unrestricted funds of £740,569. However, the balance sheet reveals net current liabilities of £142,351, indicating a reliance on bank overdraft facilities to manage short-term working capital. The trustees maintain that the school has adequate resources to continue in operational existence for the foreseeable future, supported by signed-up pupil numbers and bank agreement to extend overdraft facilities.

What the accounts disclose

Going concern: noted by the trustees or auditor
“The cashflow forecasts shows the school can work within the available overdraft limit and the bank has agreed to continue the provision of the overdraft facility.” — page 18
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Harris & Co Limited. Discloses 4 of 6 completeness components.

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

Total income
£1.5m
Total spending
£1.3m
Reserves (reported)
£834k
Employees
32

Reported reserves equal ~7.5 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: Derbyshire

Income and spending

Financial year endIncomeSpending
31/08/2025£1.5m£1.3m
31/08/2024£1.3m£1.4m
31/08/2023£1.3m£1.2m
31/08/2022£1.3m£1.1m
31/08/2021£1.1m£928k

Common questions

Is THE ST PETER AND ST PAUL SCHOOL TRUST financially healthy?

The accounts state that the charity reported a net surplus of £64,309 for the year ended 31 August 2023, carrying forward unrestricted funds of £740,569. However, the balance sheet reveals net current liabilities of £142,351, indicating a reliance on bank overdraft facilities to manage short-term working capital. The trustees maintain that the school has adequate resources to continue in operational existence for the foreseeable future, supported by signed-up pupil numbers and bank agreement to extend overdraft facilities. Its FY2023 accounts were audited by Harris & Co Limited.