St Mary's School, Melrose

Scottish charity SC009352 · record on the Scottish Charity Register (OSCR) · accounts PDF

Financial health, per FY2025 accounts

The accounts state that the charity reported a net expenditure of £159,597 for the year ended 31 August 2025, a shift from the previous year's net income, which the trustees attribute to the introduction of VAT on fees. Despite this expenditure, the charity holds total unrestricted and restricted reserves of £5,128,154, and the trustees confirm they have sufficient reserves for general running costs and school development. The independent auditors confirmed that the charity is a going concern with no material uncertainties identified.