THE PEASLAKE SCHOOLS TRUST
The provision of free education for children of ages 3 to 7 from Peaslake village and environs.
Financial health, per its FY2025 accounts
The accounts state that the Trust made a loss of £23,900 for the year, primarily due to depreciation charges, but achieved a profit of £14,000 if depreciation is excluded. Per the trustees' report, the Trust maintains an extremely healthy cash balance of £151,237, which increased from the prior year. The charity holds total net assets of £662,723, represented by capital reserves and property reserves.
What the accounts disclose
“The reserves are held to ensure sustainability of operation if there is a shortfall in funding over expenditure in any given year.” — page 8
Trustees
- MARK FOSTERchair
- Andrew Clayton
- DAVID OLIVER NIGEL NEWMAN
- Dr Sarah Small
- Emily Joy Riley
- Flora Jane White
- JAMES COBB
- Janette Weller
- Jevon Oliver Birchall
- Kelly McMorrow
- MRS MOIRA JONES
- Rhys James Thomas
- Sara Dangerfield
- Thomas Southee
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £164k | £188k |
| 31/08/2024 | £132k | £161k |
| 31/08/2023 | £90k | £138k |
| 31/08/2022 | £88k | £116k |
| 31/08/2021 | £92k | £132k |
Common questions
Is THE PEASLAKE SCHOOLS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust made a loss of £23,900 for the year, primarily due to depreciation charges, but achieved a profit of £14,000 if depreciation is excluded. Per the trustees' report, the Trust maintains an extremely healthy cash balance of £151,237, which increased from the prior year. The charity holds total net assets of £662,723, represented by capital reserves and property reserves. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2020 | £254k | General Annual Grant (GAG) - allocations are nett of Pupil Number Adjustment (PNA), Risk Protection Agreement (RPA) etc. |
| UK government | 01/04/2020 | £1k | Pupil Premium |
| UK government | 01/04/2020 | £14k | Teacher Pension Employer Contribution Grant |
| UK government | 01/04/2020 | £10k | Universal Infant free School Meal (UIFSM) funding |
| UK government | 01/04/2020 | £5k | Teachers' Pay Grant |
| UK government | 01/04/2020 | £16k | Primary PE and Sport Premium |
| UK government | 01/04/2020 | £900 | Free School Meals (FSM) Supplementary Grant |
| UK government | 01/04/2020 | £2k | Coronavirus (COVID-19) Catch-Up Premium |
| UK government | 01/04/2020 | £4k | Devolved Formula Capital - Academies Recipients |