GLEBE HOUSE SCHOOL TRUST LTD
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £34,779 for the year ended 31 August 2025, a significant turnaround from the previous year's deficit. However, the trustees' defined reserves remain in deficit at £565,465, and the auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern. Despite these risks, the trustees believe the school has ongoing viability supported by a turnaround plan and increased fee income.
What the accounts disclose
“The reserves as defined in the Trustees Report at 31 August 2025 show a current deficit of £565,465 (2024: £578,775).” — page 12
“The reserves as defined in the Trustees Report at 31 August 2025 show a current deficit of £565,465 (2024: £578,775). These conditions, along with other matters explained in the financial statements, indicate the existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern.” — page 12
“During the year, some Trustees received services for Schooling for their children of £202,659 (2024: £164,634). As at the balance sheet date the Trustees owed the Trust £2,180 (2024: £4,009). All transactions have been undertaken on normal commercial terms.” — page 37
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (22/12/2022)
Trustees
- Hannah Searlechair
- Eric Snaith
- Jason Hyatt
- Joanna Hammond
- Leila van Nieuwenhuyse
- Richard Astbury Desborough
- Susan Jane Mace
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £2.5m | £2.5m |
| 31/08/2024 | £2.3m | £2.4m |
| 31/08/2023 | £2.5m | £2.5m |
| 31/08/2022 | £2.0m | £2.3m |
| 31/08/2021 | £1.8m | £1.8m |
Common questions
Is GLEBE HOUSE SCHOOL TRUST LTD financially healthy?
The accounts state that the charity reported a net surplus of £34,779 for the year ended 31 August 2025, a significant turnaround from the previous year's deficit. However, the trustees' defined reserves remain in deficit at £565,465, and the auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern. Despite these risks, the trustees believe the school has ongoing viability supported by a turnaround plan and increased fee income. Its FY2025 accounts were audited by Stephenson Smart (East Anglia) Limited.