AYSGARTH SCHOOL TRUST LIMITED
The principle activity of the school is the provision of education for children. The school continues to attract new pupils by offering a high standard of education. The income and assets of the school are applied solely towards the promotion of the objects as described in the memorandum and articles of association.
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
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → not a going concern (FY2025).
Leadership, per the charity’s website
- Jonathon Anderson — Headmaster
- Paul Barlow — Senior Deputy Head
- Ed Canning — Deputy Head
- Jo MacLelland — Director of Performing Arts and I.T.
- Andrew Francis — Director of Operations
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?
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. Its FY2025 accounts were audited by Torgersens Chartered Accountants.
Charities like this
- ST GEORGE'S SCHOOL ASCOT TRUST LIMITED
- ST CHRISTOPHER'S SCHOOL TRUST (EPSOM) LIMITED
- AYLESBURY GRAMMAR SCHOOL FOUNDATION
- GGS SCHOOL FUND
- THE DAIGLEN SCHOOL TRUST LIMITED
- The Frances Johnstone Legacy Limited
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AYSGARTH SCHOOL TRUST LIMITED | £4.9m | — | 0 | unclear | — | not going concern |
| ST GEORGE'S SCHOOL ASCOT TRUST LIMITED | £7.7m | £140,001 - £150,000 | 1 | unclear | — | not going concern |
| ST CHRISTOPHER'S SCHOOL TRUST (EPSOM) LIMITED | £1.3m | — | 0 | unclear | — | noted |
| AYLESBURY GRAMMAR SCHOOL FOUNDATION | £160k | — | 0 | unclear | — | no doubt |
| GGS SCHOOL FUND | £331k | — | 0 | unclear | — | noted |
| THE DAIGLEN SCHOOL TRUST LIMITED | £1.6m | — | — | unclear | — | no doubt |