LANCING COLLEGE LIMITED
Financial health, per its FY2025 accounts
The accounts state that the Group reported a net surplus of £1,577k for the year ended 31 August 2025, with unrestricted reserves increasing to £16,585k. However, the trustees note a free reserve deficit of £4,514k, illustrating the extent of investment in tangible fixed assets used for charitable activities. The directors consider the charity to be in a solid financial position, supported by stable cash flows from full student rolls and strong bank support, despite facing future challenges from VAT on fees and loss of rates relief.
What the accounts disclose
“The intention is to plan in the medium term for reinvestment surpluses of not less than 10% of income before depreciation and after the costs of development, refurbishment and other improvements.” — page 29
“The company owns the whole of the share capital of Lancing College Enterprises Ltd (formerly Buxbrass Limited), which lets the school premises and facilities.” — page 51
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (02/07/2019)
Trustees
- Amanda Meyrick
- David Poole
- Dr Fancisco Javier Calvar Fernandez
- Dr John Aitken Scott
- Jason Hunter
- Justin Higgo
- Karine Ahton
- Pippa Cleeve
- Professor Michael Farthing
- Robert Crawford Clarke
- Rt Hon the Lord Gregory Barker of Battle
- Rt Revd JONATHAN MEYRICK
- Siobhan Denning
- Timothy Hancock
- Yasmin Mangalji
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £33.0m | £31.5m |
| 31/08/2024 | £31.3m | £30.4m |
| 31/08/2023 | £29.6m | £28.6m |
| 31/08/2022 | £26.3m | £25.5m |
| 31/08/2021 | £22.8m | £23.0m |
Common questions
Is LANCING COLLEGE LIMITED financially healthy?
The accounts state that the Group reported a net surplus of £1,577k for the year ended 31 August 2025, with unrestricted reserves increasing to £16,585k. However, the trustees note a free reserve deficit of £4,514k, illustrating the extent of investment in tangible fixed assets used for charitable activities. The directors consider the charity to be in a solid financial position, supported by stable cash flows from full student rolls and strong bank support, despite facing future challenges from VAT on fees and loss of rates relief. Its FY2025 accounts were audited by Moore Kingston Smith LLP.