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ST. NICHOLAS' EDUCATIONAL TRUST

Registered charity 228547 · accounts filings on the Charity Commission register · also known as AXWELL PARK SCHOOL FOUNDATION

Latest income
£115k
Latest spending
£193k
Registered
1963
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £78,571 for the year, driven by charitable expenditure exceeding investment income. Unrestricted reserves decreased significantly from £88,316 to £9,745, while endowment funds remained the primary asset base at £3,659,669. The trustees confirmed the going concern basis, citing adequate resources and investment surpluses to support future operations.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“Current reserves of unrestricted funds will limit the ability of the Trustees to provide additional grants beyond the expected incoming resources.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Newcastle Upon Tyne City

Income and spending

Financial year endIncomeSpending
31/03/2025£115k£193k
31/03/2024£125k£166k
31/03/2023£128k£107k
31/03/2022£142k£168k
31/03/2021£119k£102k

Common questions

Is ST. NICHOLAS' EDUCATIONAL TRUST financially healthy?

The accounts state that the charity reported a net deficit of £78,571 for the year, driven by charitable expenditure exceeding investment income. Unrestricted reserves decreased significantly from £88,316 to £9,745, while endowment funds remained the primary asset base at £3,659,669. The trustees confirmed the going concern basis, citing adequate resources and investment surpluses to support future operations. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
MATER ECCLESIAE CIO1£50k

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