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WOODARD SCHOOLS (NOTTINGHAMSHIRE) LIMITED

Registered charity 1103326 · accounts filings on the Charity Commission register

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Latest income
£13.1m
Latest spending
£13.3m
Registered
2004
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operating deficit of £125k for the year ended 31 August 2025, with total incoming resources of £13.2m. The trustees have prepared the financial statements on a going concern basis, noting a material uncertainty regarding the bank loan due to covenant breaches, although the bank has confirmed continued support until at least May 2027. Unrestricted reserves stood at £3.5m, while the charity remains dependent on bank facilities to meet its liabilities as they fall due.

What the accounts disclose

Highest-paid employee band: £140,001 - £150,000 — above the median for charities its size (£125k)
“In the band £140,001 - £150,000 1”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: sufficient working capital to meet the present needs and future development requirements (held: £3.5m)
“The aim is to budget so to provide sufficient working capital to meet the present needs and future development requirements of the School without the requirement to have recourse to sales of tangible fixed assets.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“We draw attention to note 2.2 in the financial statements which identifies breaches in the loan covenants which could result in the bank recalling the loan. Whilst the bank has confirmed that they are unlikely to act on the current breaches, this is not certain, and this indicates that a material uncertainty exists that may cast significant doubt on the Group and Company’s ability to continue as a going concern.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £161k
“This valuation showed assets of £514.9m, liabilities of £531.0m and a deficit of £16.1m.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Woodard Schools (Nottinghamshire) Enterprises Limited
“The company has a wholly owned non-charitable subsidiary, Woodard Schools (Nottinghamshire) Enterprises Limited, the activities and trading of which are described below.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£13.2m
Total spending
£13.3m
Cost of raising funds
£697k
Reserves (reported)
£3.5m
Employees
228

Reported reserves equal ~3.2 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Nottinghamshire

Income and spending

Financial year endIncomeSpending
31/08/2025£13.1m£13.3m
31/08/2024£11.8m£12.9m
31/08/2023£10.9m£10.4m
31/08/2022£9.2m£9.0m
31/08/2021£9.1m£8.9m

Common questions

Is WOODARD SCHOOLS (NOTTINGHAMSHIRE) LIMITED financially healthy?

The accounts state that the charity reported an operating deficit of £125k for the year ended 31 August 2025, with total incoming resources of £13.2m. The trustees have prepared the financial statements on a going concern basis, noting a material uncertainty regarding the bank loan due to covenant breaches, although the bank has confirmed continued support until at least May 2027. Unrestricted reserves stood at £3.5m, while the charity remains dependent on bank facilities to meet its liabilities as they fall due. Its FY2025 accounts were audited by Moore Kingston Smith LLP.

What does the highest-paid employee of WOODARD SCHOOLS (NOTTINGHAMSHIRE) LIMITED earn?

Per its FY2025 accounts, the highest-paid employee was in the £140,001 - £150,000 band.