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MEDWAY EDUCATION TRUST

Registered charity 1066592 · accounts filings on the Charity Commission register · also known as LINTON PARK SCHOOL

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Latest income
£5.0m
Latest spending
£3.2m
Registered
1997
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £1,642,738 for the year ended 31 December 2024, with free reserves of £5,636,112. The trustees confirm that these reserves exceed their policy target of six months' unrestricted expenditure and that there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: six months’ unrestricted expenditure (held: £5.6m)
“The charity’s policy is to maintain minimum free reserves at a level which equates to six months’ unrestricted expenditure.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity received £162,000 of donations from its trading subsidiary.
“During the year, the charity received £162,000 of donations from its trading subsidiary.” — page 30
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Linton Projects Ltd
“The trading activities of the charity’s trading subsidiary Linton Projects Ltd (Registered Number 05684296), which operates a chain of convenience stores, are undertaken by volunteers.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by mca Banbury Ltd. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£5.0m
Total spending
£3.2m
Cost of raising funds
£2.8m
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bromley · East Sussex · Kent · Lewisham

Income and spending

Financial year endIncomeSpending
31/12/2024£5.0m£3.2m
31/12/2023£3.1m£3.2m
31/12/2022£3.0m£2.8m
31/12/2021£2.6m£2.6m
31/12/2020£2.1m£2.2m

Common questions

Is MEDWAY EDUCATION TRUST financially healthy?

The accounts state that the charity reported a net surplus of £1,642,738 for the year ended 31 December 2024, with free reserves of £5,636,112. The trustees confirm that these reserves exceed their policy target of six months' unrestricted expenditure and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by mca Banbury Ltd.