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NEWFRIARS COLLEGE

Registered charity 1204344 · accounts filings on the Charity Commission register

Special Education Needs Education Provision for Students aged 16-25

Causes: Education/training · website · Get email alerts

Latest income
£7.4m
Latest spending
£6.1m
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £3,190,000 for the year ended 31 August 2024, resulting in total net assets of £2,774,000. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status.

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

What the accounts disclose

Highest-paid employee band: £90,001 - £100,000 — in the top quarter for charities its size (median £70k)
“In the band £90,001 - £100,000 1” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Largest income source: Charitable activities (66% of income)
“Charitable activities 4 32 5,499 - 5,531 4,389” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: one month’s payroll costs (held: £215k)
“The College aims to maintain a level of contingent free reserves equal to one month’s payroll costs. For the year ended 31 August 2024, this equated to £392,000” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Shaw Education Trust is the parent company. Services (HR, payroll, accounting, financial services) are recharged at cost. The cost incurred for these agreements during the year was £45,000. The balance owed at the year end was £522,000.
“In addition, Newfriars College has several service level agreements in place with The Shaw Education Trust, for the provision of HR services, payroll, accounting, and financial services. These services are recharged at cost to Newfriars College. The cost incurred for these agreements during the year was £45,000 (2023: £44,000). The balance owed at the year end was £522,000 (2023: £357,000). Mrs L Taylor, wife of Mr R Taylor, is employed by Newfriars College on a salary commensurate with the position held and was employed in line with the College's recruitment policy.” — page 45
“At the start of the year, the value of the property used by Newfriars was transferred from The Shaw Education Trust as a donated asset under a long term lease agreement. The fair value of the property was considered to be the carrying value of the property at the point of transfer of £2,557,000.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Land and buildings transferred from The Shaw Education Trust as a donated asset. Fair value £2,557,000.
“In addition, Newfriars College has several service level agreements in place with The Shaw Education Trust, for the provision of HR services, payroll, accounting, and financial services. These services are recharged at cost to Newfriars College. The cost incurred for these agreements during the year was £45,000 (2023: £44,000). The balance owed at the year end was £522,000 (2023: £357,000). Mrs L Taylor, wife of Mr R Taylor, is employed by Newfriars College on a salary commensurate with the position held and was employed in line with the College's recruitment policy.” — page 45
“At the start of the year, the value of the property used by Newfriars was transferred from The Shaw Education Trust as a donated asset under a long term lease agreement. The fair value of the property was considered to be the carrying value of the property at the point of transfer of £2,557,000.”
Per its FY2024 accounts as filed with the Charity Commission.
Pension scheme deficit: £549k
“Defined benefit pension scheme liability 22 (549)” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 5 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public-sector contracts awarded

From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.

BuyerContractAwardedValue
Stoke-on-Trent City CouncilTransport Services for Vulnerable Children and Adults (DPS) - ASCHIW/2022/316*——
Stoke-on-Trent City CouncilTransport Services for Vulnerable Children and Adults (DPS) - ASCHIW/2022/316*——
Stoke-on-Trent City CouncilTransport Services for Vulnerable Children and Adults (DPS) - ASCHIW/2022/316*——

Public profiles (found on the charity’s own website): facebook

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

Total income
£7.4m
Total spending
£6.1m
Reserves (reported)
£295k
Employees
149

Reported reserves equal ~0.6 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees · trustee networks

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

Operates in: Cheshire East · Derby City · Shropshire · Staffordshire · Stoke-on-trent City

Income and spending

Financial year endIncomeSpending
31/08/2025£7.4m£6.1m
31/08/2024£8.3m£5.4m

Common questions

Is NEWFRIARS COLLEGE financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a surplus of £3,190,000 for the year ended 31 August 2024, resulting in total net assets of £2,774,000. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status. Its FY2024 accounts were audited by Crowe U.K. LLP.

What does the highest-paid employee of NEWFRIARS COLLEGE earn?

Per its FY2024 accounts, the highest-paid employee was in the £90,001 - £100,000 band.