Loretto School Ltd
Latest income
£13.5m
Latest spending
£12.6m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the group reported a deficit of £352,354 for the year ended 31 August 2025, driven by higher staff costs and inflationary pressures. Despite this operational shortfall, the charity holds unrestricted reserves of £8,713,014, which the trustees consider sufficient to cover future needs and risks. The group maintains a net current asset position of £1.4m when excluding fees in advance, indicating adequate liquidity to meet short-term obligations.
What the accounts disclose
Related-party transaction: Loretto Foundation provides funding to the School for scholarships/bursaries and other projects.
“The Loretto Foundation provides funding to the School for scholarships/bursaries and other projects. The Loretto Foundation is not a subsidiary of Loretto School Limited as it is not under its control and has separate charitable objectives and trustees.” — page 5
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Loretto Enterprises Limited (wholly owned subsidiary) made sales and purchases with the School and paid a donation.
“The Loretto Foundation provides funding to the School for scholarships/bursaries and other projects. The Loretto Foundation is not a subsidiary of Loretto School Limited as it is not under its control and has separate charitable objectives and trustees.” — page 5
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Governor Casey Stern's private language school purchased accommodation from the School.
“The Loretto Foundation provides funding to the School for scholarships/bursaries and other projects. The Loretto Foundation is not a subsidiary of Loretto School Limited as it is not under its control and has separate charitable objectives and trustees.” — page 5
Per FY2025 accounts as filed with OSCR.