MEDESHAMSTEDE EDUCATION TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £122,273 for the year ended 31 December 2025, with unrestricted reserves standing at £1,667,261. The trustees maintain a policy of holding six months' unrestricted expenditure in reserves, a target which the current reserves significantly exceed. The group reported a net deficit of £63,856, primarily due to the cessation of trading activities by its subsidiary, Nexus Team Limited.
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
“£176,047 (2024 : £340,427) was received by the Charity from the subsidiary under gift aid.” — page 30
“During the year Medeshamstede made payments totalling £1,596.54 to a related party, Able Cleaning & Hygiene Supplies Ltd (of which Myles Cook is a director) in relation to their email renewal.” — page 30
“£176,047 (2024 : £340,427) was received by the Charity from the subsidiary under gift aid.” — page 30
“During the year Medeshamstede made payments totalling £1,596.54 to a related party, Able Cleaning & Hygiene Supplies Ltd (of which Myles Cook is a director) in relation to their email renewal.” — page 30
“The trading activities of the charity’s trading subsidiary Nexus Team Limited (Company number 07094943) , which operates a chain of convenience stores, are undertaken by volunteers.” — page 4
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (29/11/2016)
Trustees
- RUSSELL MARK EVERSHEDchair
- Craig Neil Turner
- Daniel Lyon
- Myles Cook
- TIMOTHY JAMES PERCIVAL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.7m | £1.8m |
| 31/12/2024 | £2.4m | £2.3m |
| 31/12/2023 | £2.3m | £2.3m |
| 31/12/2022 | £2.3m | £2.0m |
| 31/12/2021 | £1.7m | £1.6m |
Common questions
Is MEDESHAMSTEDE EDUCATION TRUST financially healthy?
The accounts state that the charity reported a net surplus of £122,273 for the year ended 31 December 2025, with unrestricted reserves standing at £1,667,261. The trustees maintain a policy of holding six months' unrestricted expenditure in reserves, a target which the current reserves significantly exceed. The group reported a net deficit of £63,856, primarily due to the cessation of trading activities by its subsidiary, Nexus Team Limited. Its FY2025 accounts were audited by mca Banbury Ltd.