THISTLEDOWN EDUCATION TRUST
Financial health, per its FY2025 accounts
The accounts state that the group reported a net deficit of £141,145 for the year ended 31 December 2025, compared to a surplus in the prior year. Despite this deficit and net current liabilities for the parent charity, the group held net current assets of £89,794 and unrestricted reserves of £4,836,533, which the trustees consider sufficient to mitigate short to medium-term risks. The trustees and auditors have confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The charity’s policy is to maintain minimum free reserves at a level which equates to six months’ unrestricted expenditure.” — page 5
“£345,791 (2024: £191,705.01) was received by the Charity from the subsidiary under gift aid in the year.” — page 32
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Jake Melvin
- John Beesley
- Joseph Diffey
- MARCUS GILL
- Warwick Melvin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £2.1m | £2.3m |
| 31/12/2024 | £3.4m | £3.0m |
| 31/12/2023 | £3.1m | £3.1m |
| 31/12/2022 | £2.7m | £2.8m |
| 31/12/2021 | £2.2m | £1.5m |
Common questions
Is THISTLEDOWN EDUCATION TRUST financially healthy?
The accounts state that the group reported a net deficit of £141,145 for the year ended 31 December 2025, compared to a surplus in the prior year. Despite this deficit and net current liabilities for the parent charity, the group held net current assets of £89,794 and unrestricted reserves of £4,836,533, which the trustees consider sufficient to mitigate short to medium-term risks. The trustees and auditors have confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by mca Banbury Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £44k |
| SHULEM B. ASSOCIATION LIMITED | 1 | £30k |
| WISEHEIGHTS LIMITED | 1 | £27k |
| SHAAREI RACHAMIM LIMITED | 1 | £25k |
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £18k |
| GEMILLAS LTD | 1 | £9k |
| ANPRIDE LIMITED | 1 | £5k |
| EZRAS YOEL | 1 | £250 |