AUSTIN FRIARS
As the only Independent day school for girls and boys aged 3 - 18 in the North of Cumbria and south-west Scotland, Austin Friars is continuing to develop its strong reputation for meeting the individual needs of all its pupils.
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
“Total group income for the Year was £5,428,157 (2023: £4,829,643), with the main funding source being tuition fees.” — page 10
“This leaves no free reserves.” — page 10
“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
“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
“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
“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
“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
Leadership, per the charity’s website
- Chris Hattam — Headmaster
- Ewen Swinton — Chairman
Structured financials (annual return, FY ending 31/08/2024)
Trustees
- Christopher Bullchair
- FR Ian Wilson
- Lauren Graham
- Michelle Byrne
- Philip Elder
- Samantha Meakin
- Sean Mitton
- Stephen Bolger
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2024 accounts were audited by Saint & Co.
Who funds AUSTIN FRIARS?
Funders whose own accounts filings name AUSTIN FRIARS as a grant recipient include THE AUSTIN FRIARS ST. MONICA'S DEVELOPMENT FUND.
Shared trustees with funders
- Mr Elder — trustee here and at THE AUSTIN FRIARS ST. MONICA'S DEVELOPMENT FUND
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE AUSTIN FRIARS ST. MONICA'S DEVELOPMENT FUND | FY2022 | £4k | Donations to Austin Friars School / tuition fees support |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PALOMA FOUNDATION | 1 | £300k |
| TRUST PROPERTY HELD BY TRUSTEES OF ST AUGUSTINE'S PRIORY | 1 | £300k |
| THE CROSS TRUST | 1 | £50k |
Charities like this
- THE AUSTIN FRIARS ST. MONICA'S DEVELOPMENT FUND
- THE FREWEN EDUCATIONAL TRUST LIMITED
- THE FRIARS, AYLESFORD
- OUR LADY'S ABINGDON TRUSTEES LIMITED
- ST CATHERINE'S SCHOOL, TWICKENHAM
- ST AUGUSTINE'S PRIORY SCHOOL LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AUSTIN FRIARS | £5.4m | — | — | below | — | no doubt |
| THE AUSTIN FRIARS ST. MONICA'S DEVELOPMENT FUND | £268k | — | 0 | unclear | — | no doubt |
| THE FREWEN EDUCATIONAL TRUST LIMITED | £4.8m | — | — | unclear | — | no doubt |
| THE FRIARS, AYLESFORD | £1.7m | — | 0 | unclear | — | no doubt |
| OUR LADY'S ABINGDON TRUSTEES LIMITED | £6.2m | £100,001 - £110,000 | — | below | — | material uncertainty |
| ST CATHERINE'S SCHOOL, TWICKENHAM | £7.5m | £150,001 - £180,000 | — | unclear | — | no doubt |