THE HELLENIC EDUCATIONAL & CULTURAL TRUST OF FINCHLEY
The charity operates the Independent Greek School of Finchley, based at The Compton School, Summers Lane, London, N12 0QG.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £10,887 for the year, driven by fundraising income that offset a significant operating deficit from school activities. The trustees note that tuition fees are significantly lower than running costs and that the charity relies on fundraising to continue its operations. Reserves have increased to £91,741, which the trustees intend to build further to cover one year of running costs.
What the accounts disclose
“It is the intention of the Hellenic Educational and Cultural Trust of Finchley to build up a sufficient level of reserve, which would be represented by investments, with a view to provide for the school running costs for a period of one year, without having recourse to tuition fees and fund-raising activities.” — page 6
Trustees
- Anthony Solomou
- Cleon Catsambis
- John Georghiou
- Lambros Hadjiioannou
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £171k | £160k |
| 31/08/2024 | £152k | £139k |
| 31/08/2023 | £134k | £121k |
| 31/08/2022 | £127k | £121k |
| 31/08/2021 | £90k | £72k |
Common questions
Is THE HELLENIC EDUCATIONAL & CULTURAL TRUST OF FINCHLEY financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £10,887 for the year, driven by fundraising income that offset a significant operating deficit from school activities. The trustees note that tuition fees are significantly lower than running costs and that the charity relies on fundraising to continue its operations. Reserves have increased to £91,741, which the trustees intend to build further to cover one year of running costs. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MUTLEY FOUNDATION | 1 | £105k |
| THE REECE FOUNDATION | 1 | £90k |
| UK CHRISTIAN SCHOOLS LTD | 1 | £66k |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | 1 | £20k |
| THE ROTHLEY TRUST | 1 | £5k |
Charities like this
- FINCHLEY JEWISH PRIMARY SCHOOL TRUST
- HILDEN OAKS SCHOOL EDUCATIONAL TRUST LIMITED
- HALLFIELD SCHOOL TRUST
- HINCHLEY WOOD SCHOOL DEVELOPMENT FUND
- ST NICHOLAS GREEK ORTHODOX EDUCATIONAL CENTRE
- LONDON CHRISTIAN SCHOOL LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE HELLENIC EDUCATIONAL & CULTURAL TRUST OF FINCHLEY | £171k | — | 0 | unclear | — | no doubt |
| FINCHLEY JEWISH PRIMARY SCHOOL TRUST | £557k | — | 0 | unclear | — | no doubt |
| HILDEN OAKS SCHOOL EDUCATIONAL TRUST LIMITED | £2.5m | £70,001 - £80,000 | — | below | — | no doubt |
| HALLFIELD SCHOOL TRUST | £7.8m | £150,001 - £160,000 | — | below | — | no doubt |
| HINCHLEY WOOD SCHOOL DEVELOPMENT FUND | £123k | — | 0 | unclear | — | no doubt |
| ST NICHOLAS GREEK ORTHODOX EDUCATIONAL CENTRE | £118k | — | 0 | unclear | — | no doubt |