MALVERN ST JAMES LIMITED
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
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?
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.