CRESCENT EDUCATIONAL TRUST LIMITED
The principal activity of the Charity is that of a school. The DFES registration number is 8926013.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £31,252, increasing its unrestricted funds to £75,170. However, the trustees report that the charity has small cumulative reserves and is wholly dependent on fees, grants, and donations, with inflationary pressures on wages and utilities requiring careful management. The trustees believe funds will be secured to continue operations for the foreseeable future.
What the accounts disclose
“Charitable activities Fees 253,326”
“Trustees are aware of the need to maintain reserves of around six months of regular expenditure but it has not been possible to generate such reserves at the moment.” — page 3
“The Charity is wholly dependent on fees collected from students, grants from Nottingham City Council and local organisations and donations from local residents. It has small cumulative reserves. Inflationary pressures particularly on wages and utilities and the need to upkeep the old buildings will need to be carefully managed in the near future. The trustee directors believe that funds will be secured to continue to operate for the foreseeable future. Accordingly, the accounts have been prepared on a going concern basis.” — page 3
Trustees
- ATIF HUSSAINchair
- NUSRAT PARVEEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £427k | £396k |
| 31/03/2024 | £370k | £341k |
| 31/03/2023 | £266k | £275k |
| 31/03/2022 | £232k | £216k |
| 31/03/2021 | £232k | £216k |
Common questions
Is CRESCENT EDUCATIONAL TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £31,252, increasing its unrestricted funds to £75,170. However, the trustees report that the charity has small cumulative reserves and is wholly dependent on fees, grants, and donations, with inflationary pressures on wages and utilities requiring careful management. The trustees believe funds will be secured to continue operations for the foreseeable future. Its FY2025 accounts were independently examined.