SHUMEI EIKO LIMITED

Registered charity 1002647 · accounts filings on the Charity Commission register · also known as CHAUCER COLLEGE CANTERBURY

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Latest income
£3.5m
Latest spending
£3.2m
Registered
1991
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Group generated a surplus of £291,000 for the year ended 31 March 2025, reversing a previous deficit. However, the actual level of free reserves was reported as minus £98,000, which is below the Trustees' stated policy target of three months' expenditure. The Trustees acknowledge ongoing uncertainties in the market and rely on continued support from the Foundation to maintain going concern status through December 2026.

What the accounts disclose

Going concern: noted by the trustees or auditor
The Trustees’ cash flow projections show that, on reasonably cautious assumptions about levels of income, without recourse to additional funding from borrowing or government grants, and having agreed further support from the Foundation if needed through to at least December 2026, cash can be made to last beyond December 2026. — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Fee income from Shumei Gakuen Foundation
The group's educational and related fee income includes £1,198,000 (2024: £1,536,000) which was generated by provision of courses of Shumei Gakuen Foundation on an arms' length basis. — page 23
During the year, the Charity received grant funding of £700,000 (2024: fnil) from the Foundation to ensure that the Charity is able to keep its facilities available for future courses.
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant funding from Shumei Gakuen Foundation
The group's educational and related fee income includes £1,198,000 (2024: £1,536,000) which was generated by provision of courses of Shumei Gakuen Foundation on an arms' length basis. — page 23
During the year, the Charity received grant funding of £700,000 (2024: fnil) from the Foundation to ensure that the Charity is able to keep its facilities available for future courses.
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Gift Aid donations from subsidiary Shumei Eiko Property Ltd
The group's educational and related fee income includes £1,198,000 (2024: £1,536,000) which was generated by provision of courses of Shumei Gakuen Foundation on an arms' length basis. — page 23
During the year, the Charity received grant funding of £700,000 (2024: fnil) from the Foundation to ensure that the Charity is able to keep its facilities available for future courses.
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent paid to subsidiary Shumei Eiko Property Ltd
The group's educational and related fee income includes £1,198,000 (2024: £1,536,000) which was generated by provision of courses of Shumei Gakuen Foundation on an arms' length basis. — page 23
During the year, the Charity received grant funding of £700,000 (2024: fnil) from the Foundation to ensure that the Charity is able to keep its facilities available for future courses.
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Support services charge from subsidiary Shumei Eiko Property Ltd
The group's educational and related fee income includes £1,198,000 (2024: £1,536,000) which was generated by provision of courses of Shumei Gakuen Foundation on an arms' length basis. — page 23
During the year, the Charity received grant funding of £700,000 (2024: fnil) from the Foundation to ensure that the Charity is able to keep its facilities available for future courses.
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Shumei Eiko Property Ltd
The Charity has one wholly-owned subsidiary. Shumei Eiko Property Ltd holds the College premises and leases them to the Charity. — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Kreston Reeves Audit LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£3.5m
Total spending
£3.2m
Cost of raising funds
£172k
Reserves (reported)
£9.5m
Employees
82

Reported reserves equal ~36.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Kent

Income and spending

Financial year endIncomeSpending
31/03/2025£3.5m£3.2m
31/03/2024£2.8m£3.5m
31/03/2023£2.6m£2.8m
31/03/2022£597k£1.2m
31/03/2021£676k£1.9m

Common questions

Is SHUMEI EIKO LIMITED financially healthy?

The accounts state that the Group generated a surplus of £291,000 for the year ended 31 March 2025, reversing a previous deficit. However, the actual level of free reserves was reported as minus £98,000, which is below the Trustees' stated policy target of three months' expenditure. The Trustees acknowledge ongoing uncertainties in the market and rely on continued support from the Foundation to maintain going concern status through December 2026. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.

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