Finance Score: 1
Governance Score: 8
Support Score: 3
  • Poor Liquidity: -1
  • Good Reserves: +1Multiple Deficits: -2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: 12 ?

WELLS CATHEDRAL SCHOOL LIMITED 

The education and care of c.700 boys and girls from ages 3-18, including the choristers of the cathedral church of St Andrews in Wells. The school is also one of the four government supported specialist music schools in the country and advanced musical training is provided for about a third of its pupils.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • There are 13 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
  • There has been a change of accounting period recently, so trends may be hard to determine
  • On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/08/22£16,916£16,187£729£397£19,836£14,8271138126
31/08/21?£15,258£15,545£-287£284£19,236£14,16310.938627
31/07/20£15,337£14,544£793£388£19,285£14,46411.938924
31/07/19£15,801£15,282£519£317£18,488£13,72010.839227
31/07/18£14,890£15,209£-319£245£17,936£13,27010.539014
31/07/17*£15,060£15,391£-331£360£18,254£13,64110.64010
31/07/16£13,892£13,326£566£367£17,823£12,88411.62610
31/07/15£12,572£12,067£505£270£17,198£10,15710.12390
31/07/14*£12,394£12,185£209£400£16,673£8,13282330
31/07/13*£12,747£11,916£831£378£16,464£8,3058.42240
31/07/12£12,886£10,544£2,342£397£15,633£8,1709.32080
31/07/11£15,112£10,995£4,117£408£13,291£6,5467.11750
31/07/10£12,586£10,971£1,615£325£9,165£5,6226.12270
31/07/09£11,359£10,503£856£303£7,550£5,1495.92250
31/07/08£10,057£9,910£147£277£6,694£4,6295.62210
31/07/07£10,866£10,760£106£217£6,547£4,4094.92150
31/07/06£10,329£9,870£459£0£0£0n/a00
31/07/05£11,229£9,101£2,128£0£0£0n/a00
31/07/04£8,991£8,457£534£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 2.7%
Fundraising Costs/Total Spending: 2.7%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 30%
Liabilities/Income: 50%
Unrestricted Funds/Total Funds: 75%
Reserves/Spending: 11 months
Net Current Assets/Spending: -1 months
Quick Ratio: 0.4
Asset Split ?
Established: 57 years
(68 years as a company)

https://wells.cathedral.school

r.mccartney@wells-cathedral-school.com

01749834282

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Secondary schools
How it operates
  • Makes Grants to Individuals
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides services
Where it operates
  • Somerset,
Who it helps
  • Children/Young People
Who works here?
  • 381 employees
  • 26 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (13)
Current Trustees appointed
Gender Split
Based on 12/13 persons

Age Range of Trustees: 43-75
Legal constitution
  • Charitable company registered in England & Wales on 28/01/1967, number: 310212
  • Registered at Companies House on 18/04/1956, number: 00564883
Gift Aid
  • NOT registered with HMRC for Gift Aid
Other Regulators
  • Ofsted (Office For Standards In Education)
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
19 returns made; AR17: 40 days late, AR14: 24 days late, AR13: 162 days late,
Main office

THE BURSARY
WELLS CATHEDRAL SCHOOL
COLLEGE ROAD
WELLS
SOMERSET
BA5 2SX

Objectives

TO ADVANCE EDUCATION IN ACCORDANCE WITH THE DOCTRINE OF THE CHURCH OF ENGLAND BY SUCH MEANS AS SHALL BE EXCLUSIVELY CHARITABLE AND BY OTHER ASSOCIATED ACTIVITIES FOR THE BENEFIT OF THE COMMUNITY

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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