THISTLEDOWN EDUCATION TRUST
THE PROVISION OF BUILDINGS, FACILITIES AND GRANTS FOR THE EDUCATION OF YOUNG PEOPLE.
Objects
(1) THE ADVANCEMENT OF THE EDUCATION OF CHILDREN AND YOUNG PEOPLE BY PROVIDING ASSISTANCE TO PARENTS WHO WISH TO EDUCATE THEIR CHILDREN. A) OTHERWISE THAN AT SCHOOL WITHIN THE PROVISIONS OF THE EDUCATION ACTS 1944 -88 B) BEYOND COMPULSORY SCHOOL AGE. C) WHO HAVE LEARNING DIFFICULTIES. (2) ANY OTHER CHARITABLE PURPOSE WHETHER EDUCATIONAL OR OTHERWISE CONNECTED WITH THE BRETHREN
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
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 3
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 3
- Has a trading subsidiary
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/12/2021 (received 26/01/2023, 87 days after the 31/10/2022 due date).
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.
Charities like this
- Town Close Educational Trust Ltd
- MEDESHAMSTEDE EDUCATION TRUST
- WHITECROFT EDUCATION TRUST
- MAIDENBOWER PRE SCHOOL PLAYGROUP
- NEW LONDON EDUCATIONAL TRUST
- THOMAS HEATHERLEY EDUCATIONAL TRUST
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 |
| Town Close Educational Trust Ltd | £6.2m | £110,001 - £120,000 | — | below | — | no doubt |
| MEDESHAMSTEDE EDUCATION TRUST | £1.7m | — | 0 | unclear | — | no doubt |
| WHITECROFT EDUCATION TRUST | £1.5m | — | 0 | unclear | — | no doubt |
| MAIDENBOWER PRE SCHOOL PLAYGROUP | £230k | — | 0 | unclear | — | no doubt |
| NEW LONDON EDUCATIONAL TRUST | £101k | — | 0 | unclear | — | no doubt |