THE NORFOLK INITIATIVE STEINER SCHOOL
Advancement of education based on Steiner Waldorf pedagogy, philosophy, curriculum & teaching approach, with emphasis on the development of the whole child: spiritual, physical & emotional wellbeing & social development as well as academic progress.Kindergarten for 3-6 year olds, lower school for 6-13 and upper school for 13-18 (increasing to 19) year olds, offering the Steiner School Certificate.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a deficit of £106,258 for the year ended 31 July 2025, resulting in a reduction of total funds to £243,073. Per the trustees' report, the charity faces significant financial pressures from new VAT regulations and the removal of business rates relief, leading to expected further deficits and a drawdown on reserves. Despite these challenges, the trustees maintain that the charity has adequate resources to continue in operational existence for at least twelve months.
What the accounts disclose
“Therefore, the current aims are to stabilise loss of reserves during the coming 2 years, with a recovery of the reserves over a period of 5 years to £250,000.” — page 7
“The trustees have also considered potential mitigating actions and opportunities for additional income. On this basis, the trustees have concluded that they have a reasonable expectation that the charity will have adequate resources to continue in operational existence for the foreseeable future, and at least twelve months from the date of signing these financial statements.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- KATHARINE LUCY PARKERchair
- Barbara Bennett
- Susan House
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £746k | £852k |
| 31/07/2024 | £733k | £773k |
| 31/07/2023 | £782k | £676k |
| 31/07/2022 | £660k | £592k |
| 31/07/2021 | £491k | £543k |
Common questions
Is THE NORFOLK INITIATIVE STEINER SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a deficit of £106,258 for the year ended 31 July 2025, resulting in a reduction of total funds to £243,073. Per the trustees' report, the charity faces significant financial pressures from new VAT regulations and the removal of business rates relief, leading to expected further deficits and a drawdown on reserves. Despite these challenges, the trustees maintain that the charity has adequate resources to continue in operational existence for at least twelve months. Its FY2025 accounts were independently examined.