NEWBRIDGE PREPARATORY SCHOOL LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity reported an unrestricted deficit of £118,746 for the year ended 31 August 2024, following a loss in the previous year. Per the trustees' report, unrestricted reserves stood at £1,273,656, which were sufficient to absorb the deficit while continuing investment in infrastructure. The trustees confirmed that forecasts indicate the school is positioned to return to break-even trading despite upcoming changes to VAT and rate relief.
What the accounts disclose
“The policy is to build up reserves to allow the school to operate efficiently from its cash balances.”
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- GUY JONATHAN BIRKETTchair
- Afzel Khan
- COLIN CLIVE ORR
- Harmail Singh Khela
- Kirpal Kaur Bhambra
- PAULA MARGARET TIMMINS
- Simon Mark Hewitt
- Tina Ann Walker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.5m | £1.5m |
| 31/08/2024 | £1.4m | £1.5m |
| 31/08/2023 | £1.2m | £1.4m |
| 31/08/2022 | £1.3m | £1.3m |
| 31/08/2021 | £1.2m | £1.2m |
Common questions
Is NEWBRIDGE PREPARATORY SCHOOL LIMITED financially healthy?
The accounts state that the charity reported an unrestricted deficit of £118,746 for the year ended 31 August 2024, following a loss in the previous year. Per the trustees' report, unrestricted reserves stood at £1,273,656, which were sufficient to absorb the deficit while continuing investment in infrastructure. The trustees confirmed that forecasts indicate the school is positioned to return to break-even trading despite upcoming changes to VAT and rate relief. Its FY2024 accounts were audited by Lawton Bradford Accountants Limited.