THISTLEDOWN EDUCATION TRUST
THE PROVISION OF BUILDINGS, FACILITIES AND GRANTS FOR THE EDUCATION OF YOUNG PEOPLE.
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?
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. Its FY2025 accounts were audited by mca Banbury Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Leathersellers' Foundation | 1 | £275k |
| THE CRUCIBLE FOUNDATION | 1 | £170k |
| THE 4814 TRUST | 1 | £25k |
| THE RAYNE FOUNDATION | 1 | £2k |
| THE ASTOR FOUNDATION | 1 | £1k |
Charities like this
- THE SOUTHDOWN SCHOOL TRUST
- AL RISALAH EDUCATION TRUST
- HILLSIDE EDUCATIONAL TRUST
- THE LONG LEYS EDUCATION TRUST
- THE HERON EDUCATIONAL TRUST
- THE DOWNS SCHOOL (CHARLTON HOUSE) LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THISTLEDOWN EDUCATION TRUST | £2.1m | — | 0 | unclear | — | no doubt |
| THE SOUTHDOWN SCHOOL TRUST | £144k | — | 0 | above | — | no doubt |
| AL RISALAH EDUCATION TRUST | £1.5m | — | 0 | unclear | — | no doubt |
| HILLSIDE EDUCATIONAL TRUST | £213k | — | 0 | unclear | — | no doubt |
| THE LONG LEYS EDUCATION TRUST | £1.9m | — | 0 | unclear | — | no doubt |
| THE HERON EDUCATIONAL TRUST | £1.6m | — | 0 | unclear | — | no doubt |