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AUSTIN FRIARS

Registered charity 516289 · accounts filings on the Charity Commission register · also known as AUSTIN FRIARS & ST MONICA'S PREPARATORY SCHOOL LIMITED, AUSTIN FRIARS SCHOOL, ST MONICA'S PREPARATORY SCHOOL LIMITED · filing overdue (register status)

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Latest income
£5.4m
Latest spending
£5.4m
Registered
1985
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a surplus of £57,455 for the year ended 31 August 2024, with total group income of £5,428,157. However, the trustees report that there are no free reserves, as the remaining unrestricted funds of £6,325,373 can only be realised by disposing of tangible fixed assets and settling associated loans. The charity maintains a reserves policy target of covering a minimum of three months of expenditure.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“This leaves no free reserves.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 33
“Austin Friars St Monica's School Parent Teacher Association, a connected charity donated £6,500 (2023: £11,111) to Austin Friars School to use on certain items / projects.” — page 43
“One of the Trustees, Mr S Mitton and three members of Key Management Personnel, Mr M Harris, Mr S Parry and Miss K Quinn, had children attending the school during the year. All transactions were on normal commercial terms and no preferential rates or terms were received by the Trustees, key management personnel received discounts on fees on the same basis as all other members of staff.” — page 43
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 33
“Austin Friars St Monica's School Parent Teacher Association, a connected charity donated £6,500 (2023: £11,111) to Austin Friars School to use on certain items / projects.” — page 43
“One of the Trustees, Mr S Mitton and three members of Key Management Personnel, Mr M Harris, Mr S Parry and Miss K Quinn, had children attending the school during the year. All transactions were on normal commercial terms and no preferential rates or terms were received by the Trustees, key management personnel received discounts on fees on the same basis as all other members of staff.” — page 43
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 33
“Austin Friars St Monica's School Parent Teacher Association, a connected charity donated £6,500 (2023: £11,111) to Austin Friars School to use on certain items / projects.” — page 43
“One of the Trustees, Mr S Mitton and three members of Key Management Personnel, Mr M Harris, Mr S Parry and Miss K Quinn, had children attending the school during the year. All transactions were on normal commercial terms and no preferential rates or terms were received by the Trustees, key management personnel received discounts on fees on the same basis as all other members of staff.” — page 43
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 33
“Austin Friars St Monica's School Parent Teacher Association, a connected charity donated £6,500 (2023: £11,111) to Austin Friars School to use on certain items / projects.” — page 43
“One of the Trustees, Mr S Mitton and three members of Key Management Personnel, Mr M Harris, Mr S Parry and Miss K Quinn, had children attending the school during the year. All transactions were on normal commercial terms and no preferential rates or terms were received by the Trustees, key management personnel received discounts on fees on the same basis as all other members of staff.” — page 43
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Austin Friars School Trading Limited
“The parent charity has one subsidiary undertaking; Austin Friars School Trading Limited (company registration number: 03091390) as the sole member, the subsidiary is included in the group accounts.” — page 34
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Saint & Co. 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.

Structured financials (annual return, FY ending 31/08/2024)

Total income
£5.4m
Total spending
£5.4m
Cost of raising funds
£8k
Reserves (reported)
£0
Employees
92

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Cumbria

Income and spending

Financial year endIncomeSpending
31/08/2025——
31/08/2024£5.4m£5.4m
31/08/2023£4.8m£4.9m
31/08/2022£4.6m£4.7m
31/08/2021£4.7m£4.4m

Common questions

Is AUSTIN FRIARS financially healthy?

The accounts state that the charity generated a surplus of £57,455 for the year ended 31 August 2024, with total group income of £5,428,157. However, the trustees report that there are no free reserves, as the remaining unrestricted funds of £6,325,373 can only be realised by disposing of tangible fixed assets and settling associated loans. The charity maintains a reserves policy target of covering a minimum of three months of expenditure. Its FY2024 accounts were audited by Saint & Co.