St Marys Music School Trust Ltd
Latest income
£3.4m
Latest spending
£3.0m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net surplus of £411,177 for the year ended 31 July 2025. However, the trustees note that unrestricted reserves excluding designated funds amounted to £232,444, with £740,523 of fixed assets included within this figure, leaving no free reserves. The directors remain satisfied that the company will be able to meet its debts as they fall due for the foreseeable future.
What the accounts disclose
Reserves position: below the charity's own stated policy
“Unrestricted reserves excluding designated funds at 31 July 2025 amounted to £232,444 included within this was £740,523 of fixed assets leaving no free reserves which is common with independent schools as the majority of free reserves are invested in the school buildings.” — page 15
Per FY2025 accounts as filed with OSCR.