NOVALIS TRUST

Registered charity 1103955 · accounts filings on the Charity Commission register · also known as COTSWOLD CHINE AND PARADISE HOUSE LIMITED, COTSWOLD CHINE SCHOOL, THE NOVALIS TRUST LIMITED

Operates Cotswold Chine School and William Morris School (both of which are special schools for children with complex learning needs) and Paradise House (a residential care home for adults with learning difficulties).

Causes: Education/training · Disability · website · Get email alerts

Latest income
£15.3m
Latest spending
£15.1m
Registered
2004
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that total funds increased to £20,756,625, driven by a net incoming resource of £1,192,218. The charity holds unrestricted operational general funds of £13,155,922 and a property revaluation reserve of £6,959,973, indicating strong asset backing and liquidity.

Automated summary of the FY2022 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Trading subsidiary: Novalis Professional Services Limited
The company holds 100% of the ordinary share capital in Novalis Professional Services Limited, a company incorporated in England. — page 25
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Hazlewoods LLP. Discloses 3 of 6 completeness components.

Corporate structure

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

Total income
£15.3m
Total spending
£15.1m
Reserves (reported)
£21.1m
Employees
318

Reported reserves equal ~16.8 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Register events

Trustees

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

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
31/08/2025£15.3m£15.1m
31/08/2024£14.5m£14.7m
31/08/2023£13.6m£13.3m
31/08/2022£13.0m£12.1m
31/08/2021£12.2m£12.3m

Common questions

Is NOVALIS TRUST financially healthy?

Per its FY2022 accounts: The accounts state that total funds increased to £20,756,625, driven by a net incoming resource of £1,192,218. The charity holds unrestricted operational general funds of £13,155,922 and a property revaluation reserve of £6,959,973, indicating strong asset backing and liquidity. Its FY2022 accounts were audited by Hazlewoods LLP.