AYSGARTH SCHOOL TRUST LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity ceased operations and was liquidated following the transfer of all assets and liabilities to Rugby School on 30 June 2025. Consequently, the financial statements were prepared on a basis other than going concern, resulting in a net movement in funds of £4,680,796. The charity held unrestricted reserves of £4,615,422 at the start of the year, which were fully transferred upon merger.
What the accounts disclose
“It is the policy of the Governors to seek to generate a modest surplus of income over expenditure each year to safeguard the future of the School.” — page 9
“the governors do not consider the charity to be a going concern because all operational activities, assets, and liabilities were transferred to Rugby School on 30 June 2025. Accordingly, the financial statements have been prepared on a basis other than going concern.”
“The school controls Aysgarth School Foundation, a Charitable Incorporation Organisation (Charity number 1206089).” — page 5
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (13/03/2018)
Trustees
- Christopher David Porter
- Claire Lorraine Faithorn Cadogan
- Peter James Glenton
- Victoria Sian Savile
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £4.9m | £9.6m |
| 31/08/2024 | £4.3m | £4.7m |
| 31/08/2023 | £4.0m | £4.6m |
| 31/08/2022 | £4.1m | £4.2m |
| 31/08/2021 | £3.6m | £3.6m |
Common questions
Is AYSGARTH SCHOOL TRUST LIMITED financially healthy?
The accounts state that the charity ceased operations and was liquidated following the transfer of all assets and liabilities to Rugby School on 30 June 2025. Consequently, the financial statements were prepared on a basis other than going concern, resulting in a net movement in funds of £4,680,796. The charity held unrestricted reserves of £4,615,422 at the start of the year, which were fully transferred upon merger. Its FY2025 accounts were audited by Torgersens Chartered Accountants.