CHAFYN GROVE SCHOOL
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net income of £24,926 for the year ended 31 August 2023, resulting in total net assets of £3,986,768. The trustees confirmed that there are no material uncertainties regarding the school's ability to continue as a going concern, although maintaining pupil numbers is identified as the most significant area of future uncertainty.
What the accounts disclose
“The Governors' policy is to continue to use the funds generated by the Schoops activities to improve its facilities in this way, subject to the need to ensure that sufficient working capital is available to allow the activities to continue.” — page 5
“The subsidiary oalled Chafyn Grove School Enterprises Limited was formed on 17 December 2008. The principal activity of the subsidimy is the exploitation of the revenue earning capabilities of the facilities at the Schooh” — page 5
Structured financials (annual return, FY ending 31/08/2024)
Trustees
- Andrew Donald
- Anne-Marie Perry
- Benjamin Coward
- Christian Saenger
- Christina McNeil
- Deborah Coveney
- Sandra Pitcairn
- Sarah McQuillen
- Yori Griffiths
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | — | — |
| 31/08/2024 | £3.5m | £3.8m |
| 31/08/2023 | £3.4m | £3.4m |
| 31/08/2022 | £3.5m | £3.2m |
| 31/08/2021 | £2.8m | £2.9m |
Common questions
Is CHAFYN GROVE SCHOOL financially healthy?
The accounts state that the charity reported a net income of £24,926 for the year ended 31 August 2023, resulting in total net assets of £3,986,768. The trustees confirmed that there are no material uncertainties regarding the school's ability to continue as a going concern, although maintaining pupil numbers is identified as the most significant area of future uncertainty. Its FY2023 accounts were audited by Fletcher & Partners.