ST MARY'S INDEPENDENT SCHOOL

Charity number: 1155647
Charity is insolvent

Charity overview

Activities - how the charity spends its money

The objectives of the Charity are to advance the public benefit in the United Kingdom by establishing, maintaining and developing a Catholic School which shall offer a broad and balanced curriculum for pupils aged 3-16, as well as providing extra-curricular activities for the wellbeing, development and support of pupils at the School.

Income and expenditure

Data for financial year ending 31 August 2018

Total income:
£2,426,266

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £169.19k
Charitable activities £2.26m
Other trading activities £0
Investments £0
Other £0

Total expenditure:
£2,428,237

Text alternative for this canvas graphic is in the data table below.
Raising funds £43.79k
Charitable activities £2.38m
Other £1.63k

£0 investments gains (losses)

Total income includes £69,556 from 1 government grant(s)

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 £45.42k
Charitable expenditure £2.38m

People

56 Employee(s)

1 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£70k to £80k 1

Fundraising

This charity raises funds from the public but does not work with professional fundraisers or commercial participators.

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Religious Activities
Who the charity helps:
  • Children/young People
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Hampshire
  • Southampton City

Governance

Registration history:
  • 05 February 2014: Standard registration
  • 27 February 2017: Funds received from 307286 ST MARY'S COLLEGE, BITTERNE PARK, SOUTHAMPTON
Organisation type:
Charitable company
Other names:
  • ST MARY'S COLLEGE (Working name)
  • ST MARY'S COLLEGE SOUTHAMPTON (Previous name)
Company number:
08809865 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
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

1 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
BEGBIES TRAYNOR (CENTRAL) LLP Trustee 19 May 2020
None on record

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/08/2014 31/08/2015 31/08/2016 31/08/2017 31/08/2018
Total gross income £1.12m £2.11m £2.53m £2.12m £2.43m
Total expenditure £897.18k £1.92m £2.12m £2.15m £2.43m
Income from government contracts N/A £0 £0 £0 N/A
Income from government grants N/A £0 £0 £72.88k £69.56k
Income - Donations and legacies £0 £181.47k £402.29k £8.32k £169.19k
Income - Other trading activities £155.56k £0 £0 £0 £0
Income - Charitable activities £937.48k £1.87m £2.12m £2.12m £2.26m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £26.26k £57.33k £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £885.43k £1.89m £2.10m £2.09m £2.38m
Expenditure - Raising funds N/A N/A £21.94k £54.65k £43.79k
Expenditure - Governance £6.64k £6.11k £0 £5.60k £6.04k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £1.63k

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.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/08/2014 31/08/2015 31/08/2016 31/08/2017 31/08/2018
Own use assets £79.63k £459.68k £655.34k £613.15k £1.03m
Long-term investments £0 £0 £0 £0 £0
Other assets £482.75k £551.59k £483.81k £645.38k £580.86k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £340.26k £604.99k £328.96k £471.98k £825.83k

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
Accounts and TAR 31 August 2023
Annual return 31 August 2022
Accounts and TAR 31 August 2022
Annual return 31 August 2021
Accounts and TAR 31 August 2021
Annual return 31 August 2020
Accounts and TAR 31 August 2020
Annual return 31 August 2019
Accounts and TAR 31 August 2019
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 INCORPORATED 11/12/2013 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 30 JUN 2016

Charitable objects

4A) TO ADVANCE FOR THE PUBLIC BENEFIT EDUCATION IN THE UNITED KINGDOM, IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING BY ESTABLISHING, MAINTAINING, CARRYING ON, MANAGING AND DEVELOPING A CATHOLIC SCHOOL DESIGNATED AS SUCH ("THE SCHOOL") WHICH SHALL OFFER A BROAD AND BALANCED CURRICULUM FOR PUPILS ACROSS THE AGE RANGE 3-16 YEARS AND SHALL BE CONDUCTED IN ACCORDANCE WITH THE PRINCIPLES, PRACTICES AND TENETS OF THE CATHOLIC CHURCH INCLUDING ANY TRUST DEED GOVERNING THE USE OF LAND USED BY THE SCHOOL BOTH GENERALLY AND IN PARTICULAR IN RELATION TO ARRANGING FOR RELIGIOUS EDUCATION AND DAILY ACTS OF WORSHIP AND TO SUPPORT THE DEVELOPMENT OF THE WHOLE PERSON 4B) ANCILLARY TO THE OBJECTS SET OUT IN ARTICLE 4A) TO PROVIDE EXTRACURRICULAR ACTIVITIES FOR THE WELLBEING, DEVELOPMENT AND SUPPORT OF THE PUPILS ATTENDING THE SCHOOL; 4C) FURTHER AND ANCILLARY TO THE OBJECTS IN ARTICLE 4A) THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION WHICH ARE ANCILLARY TO THE PURPOSES THAT ARE SET OUT IN CLAUSE 4A) ABOVE FOR THE BENEFIT OF INDIVIDUALS WHO HAVE NEED FOR SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL ECONOMIC CIRCUMSTANCES OR FOR THE PUBLIC AT LARGE IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THE CONDITION OF THE LIFE OF SAID INHABITANTS

Area of benefit

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

LOCAL

Contact information

Address:
St. Marys Independent School
57 Midanbury Lane
SOUTHAMPTON
SO18 4DJ
Phone:
02380671267
Email:
admin@stmiss.co.uk
Website:

www.stmarysindependentschool.co.uk Open in new window