TPS Realisations 2024

Registered charity 1157782 · accounts filings on the Charity Commission register · also known as PREBENDAL SCHOOL, THE PREBENDAL SCHOOL · filing overdue (register status)

A boys and girls preparatory and pre-preparatory boarding and day school giving religious and educational instruction.

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

Latest income

£1.3m

Latest spending

£1.6m

Registered

2014

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity sustained a loss of £278,807 during the year, resulting in a significant reduction in its net asset position. Per the trustees' report, the charity sold its principal operational asset in April 2024 and has concluded that winding up is the best course of action as it no longer has ongoing activities. The current level of free reserves is stated to be sufficient to meet all obligations as the charity winds down.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable activities (70% of income)

“The main source of income for the charity continued to be the fee income charged for the provision of education.” — page 6

Per its FY2024 accounts as filed with the Charity Commission.

Going concern: noted by the trustees or auditor

“As the charity no longer has ongoing activities or income-generating operations, and there are no plans to resume charitable activities, the trustees have concluded that winding the charity up is the best course of action.”

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: The Dean and Chapter of Chichester Cathedral

“During the year the school paid £18,990 (2023: £64,010) of rent, and £nil (2023: £406) of insurance. The school also received £689 (2023: £199,783) from the Dean and Chapter for chorister fees, £3,666 (2023: £6,228) for piano lessons, and £689 (2023: £2,946) for out of term bed and breakfast for choristers.” — page 30

“A charity in which Mr J F Attwater is a trustee. During the year the school received £nil (2023: £20,647) for chorister fees.” — page 30

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Chichester Cathedral Choristers Associations Scholarship Trust

“During the year the school paid £18,990 (2023: £64,010) of rent, and £nil (2023: £406) of insurance. The school also received £689 (2023: £199,783) from the Dean and Chapter for chorister fees, £3,666 (2023: £6,228) for piano lessons, and £689 (2023: £2,946) for out of term bed and breakfast for choristers.” — page 30

“A charity in which Mr J F Attwater is a trustee. During the year the school received £nil (2023: £20,647) for chorister fees.” — page 30

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Southern Cathedrals Festival Society

“During the year the school paid £18,990 (2023: £64,010) of rent, and £nil (2023: £406) of insurance. The school also received £689 (2023: £199,783) from the Dean and Chapter for chorister fees, £3,666 (2023: £6,228) for piano lessons, and £689 (2023: £2,946) for out of term bed and breakfast for choristers.” — page 30

“A charity in which Mr J F Attwater is a trustee. During the year the school received £nil (2023: £20,647) for chorister fees.” — page 30

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Richard Place Dobson Services Limited. Discloses 3 of 6 completeness components.

Corporate structure

Registered company of the charity Companies House 09038149

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

DOWLER, Robert Edward Mackenzie, The Very Revd Dr — director, appointed 14/09/2024on trustee list
GEAKE, Neville James — director, appointed 27/06/2018on trustee list
ATTWATER, John Francis — director, appointed 30/11/2016on trustee list
CAMPS, Michael Paul — director, appointed 30/11/2016on trustee list
WILKINSON, Andrew — director, appointed 30/11/2016on trustee list

Official officers record.

Structured financials (annual return, FY ending 31/08/2024)

Total income

£1.3m

Total spending

£1.6m

Reserves (reported)

£12k

Employees

33

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (84% 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: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Received assets from another charity (19/06/2026) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

ANDREW JOHN WILKINSON · trustee of 1 other charity
Dr Robert Edward Mackenzie Dowler · trustee of 6 other charities
John Francis Attwater · trustee of 5 other charities
MICHAEL PAUL CAMPS
Neville James Geake

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

Operates in: West Sussex

Income and spending

Financial year end	Income	Spending
31/08/2025	—	—
31/08/2024	£1.3m	£1.6m
31/08/2023	£1.3m	£1.7m
31/08/2022	£1.5m	£1.7m
31/08/2021	£1.7m	£2.3m

Common questions

Is TPS Realisations 2024 financially healthy?

Per its FY2024 accounts: The accounts state that the charity sustained a loss of £278,807 during the year, resulting in a significant reduction in its net asset position. Per the trustees' report, the charity sold its principal operational asset in April 2024 and has concluded that winding up is the best course of action as it no longer has ongoing activities. The current level of free reserves is stated to be sufficient to meet all obligations as the charity winds down. Its FY2024 accounts were audited by Richard Place Dobson Services Limited.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ABS Realisations Limited.

ABS Realisations Limited income £6.4m
ST CHRISTOPHER'S SCHOOL TRUST (EPSOM) LIMITED income £1.3m
AYSGARTH SCHOOL TRUST LIMITED income £4.9m
C P S PRESTON LTD income £1.2m
THE NEWCASTLE PREPARATORY SCHOOL TRUST LIMITED income £3.5m
URSULINE PREPARATORY SCHOOL WIMBLEDON TRUST income £2.1m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
TPS Realisations 2024	£1.3m	—	0	unclear	—	noted
ABS Realisations Limited FY2025	£6.4m	—	0	above	—	noted
ST CHRISTOPHER'S SCHOOL TRUST (EPSOM) LIMITED FY2025	£1.3m	—	0	unclear	—	noted
AYSGARTH SCHOOL TRUST LIMITED FY2025	£4.9m	—	0	unclear	—	not going concern
C P S PRESTON LTD FY2025	£1.2m	—	0	unclear	—	material uncertainty
THE NEWCASTLE PREPARATORY SCHOOL TRUST LIMITED FY2025	£3.5m	—	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.