Greenwich Waldorf School Initiative

Registered charity 1075981 · accounts filings on the Charity Commission register · also known as GREENWICH STEINER SCHOOL INITIATIVE

The objects are to provide education based on Rudolf Steiner principles.

Causes: Education/training · website · Get email alerts

Latest income

£2.1m

Latest spending

£2.2m

Registered

1999

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £640,068 for the year ended 31 July 2025, driven by a property revaluation loss and operating costs. The unrestricted general reserve is in deficit at £167,718, although total reserves including designated funds stand at £803,220. The auditor has identified a material uncertainty regarding going concern due to cash flow tightness and pupil numbers being below the break-even point.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: one month's operational expenses (held: £803k)

“The charity feels that the level of unrestricted funds needed to be able to finance one months’ operational expenses about £120,000 before revaluation gains or losses.” — page 7

Per its FY2025 accounts as filed with the Charity Commission.

Going concern: material uncertainty disclosed

“We draw attention to Note 1.2 in the financial statements, which indicates that the charity is expecting cash flow to be tight for the next 12 months. As stated in Note 1.2, this means that there is currently a material uncertainty exists that may cast significant doubt on the Charity’s ability to continue as a going concern.” — page 11

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Simpson Wreford LLP. Discloses 5 of 6 completeness components.

Leadership, per the charity’s website

Alexander Matthews — Head of School (source)
David Gore — Interim Chair (source)

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 31/07/2025)

Total income

£2.1m

Total spending

£2.2m

Cost of raising funds

£6k

Reserves (reported)

£120k

Employees

Reported reserves equal ~0.7 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.3% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

David Gorechair
Daniela Veronica Innocente
Gemma Therese Bowles
Graeme John Cole
Jane Rosa Bryant

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

Operates in: Greenwich

Income and spending

Financial year end	Income	Spending
31/07/2025	£2.1m	£2.2m
31/07/2024	£2.1m	£2.1m
31/07/2023	£1.8m	£1.9m
31/07/2022	£1.7m	£1.6m
31/07/2021	£1.6m	£1.5m

Common questions

Is Greenwich Waldorf School Initiative financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £640,068 for the year ended 31 July 2025, driven by a property revaluation loss and operating costs. The unrestricted general reserve is in deficit at £167,718, although total reserves including designated funds stand at £803,220. The auditor has identified a material uncertainty regarding going concern due to cash flow tightness and pupil numbers being below the break-even point. Its FY2025 accounts were audited by Simpson Wreford LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
HERMES TRUST	3	£18k
MONDAY CHARITABLE TRUST	1	£20k
THE GOLDSCHMIED CHARITABLE SETTLEMENT	1	£7k
THE BLYTH WATSON CHARITABLE TRUST	1	£1k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with RUDOLF STEINER SCHOOL (SOUTH DEVON) LIMITED.

RUDOLF STEINER SCHOOL (SOUTH DEVON) LIMITED income £1.9m
YORK STEINER SCHOOL LIMITED income £1.5m
RINGWOOD WALDORF SCHOOL income £1.8m
Waldorf Learning Foundation Limited income £135k
MICHAEL HALL SCHOOL income £5.5m
CAMBRIDGE STEINER SCHOOL PROJECT income £1.1m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
Greenwich Waldorf School Initiative	£2.1m	—	0	unclear	—	material uncertainty
RUDOLF STEINER SCHOOL (SOUTH DEVON) LIMITED FY2025	£1.9m	—	—	unclear	—	no doubt
YORK STEINER SCHOOL LIMITED FY2025	£1.5m	—	0	unclear	—	no doubt
RINGWOOD WALDORF SCHOOL FY2025	£1.8m	—	0	unclear	—	no doubt
Waldorf Learning Foundation Limited FY2025	£135k	—	—	unclear	—	no doubt
MICHAEL HALL SCHOOL FY2025	£5.5m	£80,001 - £90,000	2	below	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.