NEW SCHOOLS NETWORK
The New Schools Network is an independent charity that aims to improve the quality of education, particularly for the most deprived, by making grants to schools and trusts within the state sector that are driving impactful educational innovation in areas of educational disadvantage.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a decrease in net assets of £37,258 for the year ended 30 June 2025, resulting in total unrestricted reserves of £653,076. The trustees confirm that sufficient reserves exist to continue as a going concern for at least twelve months, supported by cash balances of £897,153. The charity's reserves policy indicates an intention to reduce reserve levels over time to fund objectives, acknowledging uncertainty in future donations.
What the accounts disclose
“It is the Trustees’ intention to reduce the level of reserves held by the charity over time due to salaries and other expenditure paid out in furtherance of its objectives.” — page 6
Structured financials (annual return, FY ending 30/06/2022)
Trustees
- DAVID PETER JOHN ROSSchair
- David Hall
- Dr Philip Antony Jones
- Julie Kirkbride
- NICHOLAS JOHN WELLER
- Simon Alec Amess
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £90k | £127k |
| 30/06/2024 | £26k | £20k |
| 30/06/2023 | £8k | £15k |
| 30/06/2022 | £1.2m | £1.5m |
| 31/03/2021 | £2.1m | £2.1m |
Common questions
Is NEW SCHOOLS NETWORK financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a decrease in net assets of £37,258 for the year ended 30 June 2025, resulting in total unrestricted reserves of £653,076. The trustees confirm that sufficient reserves exist to continue as a going concern for at least twelve months, supported by cash balances of £897,153. The charity's reserves policy indicates an intention to reduce reserve levels over time to fund objectives, acknowledging uncertainty in future donations. Its FY2025 accounts were audited by Streets Audit LLP.