MALVERN ST JAMES LIMITED
Girls Independent Boarding and Day School
Financial health, per its FY2025 accounts
The accounts state that the charity reported a consolidated deficit of £7.183m for the 17-month period ended 31 January 2025, compared to a deficit of £933k in the prior year. Despite this deficit, net funds stood at £1,019k, supported by the sale of surplus assets including boarding houses and the main school for £4.2m. The trustees noted that surplus funds from the school sale are to be invested by the charity, subject to approval of a change in objects.
What the accounts disclose
“The School made a consolidated deficit of £7.183m (2023 - £933k), which includes a deficit of £Nil (2023: £140k) relating to its subsidiary Malvern St James Enterprises Limited.” — page 18
Year-over-year changes
- Going concern: material uncertainty (FY2023) → no going-concern doubt (FY2025).
Leadership, per the charity’s website
- Nicholas Grenfell-Marten — Chairman of the School Management Board
- Mrs Frances King — Interim Headmistress
- Mrs Zinnia Wilkinson — Senior Deputy Head (Pastoral)
- Mrs Lucy Hutton — Deputy Head (Academic)
- Mr Tim Williams — Bursar
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- MICHAEL HODGESchair
- Alison Capper
- CDR SUSIE JANE MORAN
- Gemma Bruce
- Jenny Thomas
- Naomi Atkins
- Roger Usher
- Susan Doyle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £15.0m | £16.8m |
| 31/08/2023 | £10.5m | £11.4m |
| 31/08/2022 | £9.3m | £10.2m |
| 31/08/2021 | £9.6m | £9.6m |
| 31/08/2020 | £10.6m | £10.1m |
Common questions
Is MALVERN ST JAMES LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a consolidated deficit of £7.183m for the 17-month period ended 31 January 2025, compared to a deficit of £933k in the prior year. Despite this deficit, net funds stood at £1,019k, supported by the sale of surplus assets including boarding houses and the main school for £4.2m. The trustees noted that surplus funds from the school sale are to be invested by the charity, subject to approval of a change in objects. Its FY2025 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MALVERNIAN SOCIETY LIMITED | 1 | £82k |
Charities like this
- JAMES ALLEN'S GIRLS' SCHOOL
- ST MARY'S SCHOOL (COLCHESTER) LIMITED
- ST MARY'S SCHOOL (CALNE)
- MALVERN COLLEGE
- ST HUGH'S SCHOOL (CARSWELL) TRUST LIMITED
- BURY MANOR SCHOOL TRUST LIMITED (DORSET HOUSE SCHOOL)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MALVERN ST JAMES LIMITED | £15.0m | — | 0 | unclear | — | no doubt |
| JAMES ALLEN'S GIRLS' SCHOOL | £32.8m | — | — | unclear | — | no doubt |
| ST MARY'S SCHOOL (COLCHESTER) LIMITED | £7.0m | £80,001 - £90,000 | — | unclear | — | no doubt |
| ST MARY'S SCHOOL (CALNE) | £18.5m | — | — | unclear | — | no doubt |
| MALVERN COLLEGE | £55.8m | £230,000 - £240,000 | — | unclear | — | no doubt |
| ST HUGH'S SCHOOL (CARSWELL) TRUST LIMITED | £7.5m | £140,001 - £150,000 | — | unclear | — | no doubt |