ST MARY'S SCHOOL (COLCHESTER) LIMITED

Charity number: 309266
Charity reporting is up to date (52 days late)

Charity overview

Activities - how the charity spends its money

INDEPENDENT DAY SCHOOL FOR GIRLS AND DAY NURSERY FOR GIRLS AND BOYS

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£6,150,460

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Donations and legacies £25.46k
Charitable activities £6.04m
Other trading activities £35.60k
Investments £45.97k
Other £0

Total expenditure:
£6,264,308

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Raising funds £73.21k
Charitable activities £6.19m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £73.21k
Charitable expenditure £6.19m

People

75 Employee(s)

6 Trustee(s)

13 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£70k to £80k 1
£80k to £90k 1

Fundraising

No information available

Trading

This charity has one or more trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • Children/young People
How the charity helps:
  • Other Charitable Activities
Where the charity operates:
  • Essex
  • Suffolk

Governance

Registration history:
  • 20 October 1970: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
00988976 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

6 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Esther Eddy Trustee 08 December 2022
None on record
Mark Jackson Trustee 12 May 2022
None on record
Katharine Jill Abbott Trustee 05 December 2019
None on record
MR W MAGILL Trustee 04 February 2016
None on record
Melanie Loxley Trustee 04 November 2013
None on record
MR R G LAMBERT Trustee 03 June 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Total gross income £5.22m £5.06m £5.32m £5.91m £6.15m
Total expenditure £5.21m £4.83m £5.36m £6.00m £6.26m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £24.61k £92.26k £54.16k £35.89k £25.46k
Income - Other trading activities £75.59k £64.29k £76.83k £72.75k £35.60k
Income - Charitable activities £5.12m £4.90m £5.18m £5.80m £6.04m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £3.69k £3.37k £1.34k £1.89k £45.97k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £5.14m £4.78m £5.29m £5.92m £6.19m
Expenditure - Raising funds £62.87k £56.21k £67.49k £77.14k £73.21k
Expenditure - Governance £0 £0 £0 £0 £13.98k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Own use assets £3.14m £3.19m £3.41m £3.73m £3.72m
Long-term investments £0 £0 £0 £0 £0
Other assets £2.54m £2.71m £2.40m £2.58m £2.36m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.36m £1.36m £1.30m £1.90m £1.78m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2023 21 August 2024 52 days late
Accounts and TAR 31 August 2023 21 August 2024 52 days late Download Open in new window
Annual return 31 August 2022 15 June 2023 On Time
Accounts and TAR 31 August 2022 15 June 2023 On Time Download Open in new window
Annual return 31 August 2021 30 June 2022 On Time
Accounts and TAR 31 August 2021 30 June 2022 On Time Download Open in new window
Annual return 31 August 2020 29 June 2021 On Time
Accounts and TAR 31 August 2020 29 June 2021 On Time Download Open in new window
Annual return 31 August 2019 26 June 2020 On Time
Accounts and TAR 31 August 2019 26 June 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 09/09/1970. AS AMENDED BY SPECIAL RESOLUTION(S) DATED 04 MAR 1991 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 05 SEP 2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 11 MAY 2017

Charitable objects

TO PROMOTE AND PROVIDE FOR THE ADVANCEMENT OF EDUCATION AND IN CONNECTION THEREWITH TO CONDUCT, CARRY ON, ACQUIRE AND DEVELOP IN THE UNITED KINGDOM AND ELSEWHERE ANY DAY OR BOARDING SCHOOL OR SCHOOLS FOR THE EDUCATION OF CHILDREN & AS ANCILLARY THERETO:- (A) TO ACQUIRE AND TAKE OVER AS A GOING CONCERN THE SCHOOL HERETOFORE CARRIED ON BY ST. MARY'S SCHOOL (COLCHESTER) LIMITED. (B) TO ESTABLISH AND MAINTAIN THE SAID SCHOOL AND AS AN INDEPENDENT OBJECT TO ESTABLISH OR ACQUIRE AS A GOING CONCERN, AND CARRY ON OR MANAGE ELSEWHERE ANY SUBSIDIARY, AFFILIATED OR OTHER SCHOOLS FOR THE EDUCATION OF BOYS OR GIRLS AND TO GIVE TO SUCH PUPILS GENERAL OR SPECIALISED INSTRUCTION OF THE HIGHEST CLASS BUT SO THAT EACH SUCH SCHOOL SHALL BE CARRIED ON AS AN EDUCATIONAL CHARITY. (C) TO CARRY ON ANY SCHOOLS ACQUIRED BY THE ASSOCIATION AS EDUCATIONAL CHARITIES FOR THE PROMOTION OF EDUCATION GENERALLY, INCLUDING PROVISION FOR THE EDUCATION AND TRAINING OF INTENDING ENTRANTS TO ANY OF THE PUBLIC SCHOOLS OR COLLEGES OR ANY OTHER SCHOOLS, UNIVERSITIES OR PLACES OF EDUCATION.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED.

Contact information

Address:
ST. MARYS SCHOOL
91 LEXDEN ROAD
COLCHESTER
CO3 3RB
Phone:
01206572544
Email:
seniorschool@stmaryscolchester.org.uk
Website:

www.stmaryscolchester.org.uk Open in new window