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THE URSULINE PREPARATORY SCHOOL ILFORD

Registered charity 1130196 · accounts filings on the Charity Commission register · also known as ILFORD URSULINE PREPARATORY SCHOOL

The Ilford Ursuline Prep School is a Catholic independent prep school for boys and girls aged between 3 and 11, situated in the heart of Ilford, Essex

Causes: Education/training · Religious Activities · website · Get email alerts

Latest income
£868k
Latest spending
£1.3m
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the school closed during the reporting period and the financial statements were prepared on a break-up basis. The charity reported a net outgoing resource of £448,420 and total net assets of £1,186,429 at year-end. The independent examiner noted a limitation of scope regarding pension balances due to missing valuation documentation.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient resources for the current activities of the school to continue in the event of a significant drop in income, and to provide flexibility to undertake future capital projects (held: £132k)
“The School's policy was to seek to maintain a balance on General Reserves which represented sufficient resources for the current activities of the school to continue in the event of a significant drop in income, and to provide flexibility to undertake future capital projects.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)
“The Trustees had decided to close the school at the end of this reporting period. Based on this decision, the financial statements have continued to be prepared on break-up basis.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Audit opinion: qualified
“I was unable to obtain sufficient and appropriate evidence regarding the accuracy and completeness of the pension related balances and disclosures included in the financial statements. Given the material nature of this figure, I was unable to determine whether any adjustments might be necessary.”
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £453k
“As of this date the estimated employer debt for the School was £452,895. This amount has been provided in the accounts.” — page 22
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Total income
£868k
Total spending
£1.3m
Cost of raising funds
£20k
Reserves (reported)
£1.2m
Employees
18

Reported reserves equal ~10.8 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other trading activities (94% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 2.3% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Redbridge

Income and spending

Financial year endIncomeSpending
31/08/2025£868k£1.3m
31/08/2024£1.1m£2.1m
31/08/2023£1.2m£1.1m
31/08/2022£1.1m£1.3m
31/08/2021£1.2m£1.3m

Common questions

Is THE URSULINE PREPARATORY SCHOOL ILFORD financially healthy?

Per its FY2025 accounts: The accounts state that the school closed during the reporting period and the financial statements were prepared on a break-up basis. The charity reported a net outgoing resource of £448,420 and total net assets of £1,186,429 at year-end. The independent examiner noted a limitation of scope regarding pension balances due to missing valuation documentation. Its FY2025 accounts were independently examined.