ST. NICHOLAS' EDUCATIONAL TRUST

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

TO PROMOTE THE EDUCATION OF YOUNG PERSONS WHO 1) ARE UNDER THE AGE OF 25; AND 2) ARE IN NEED OF FINANCIAL ASSISTANCE; AND 3) ARE RESIDENT IN THE CITY OF NEWCASTLE UPON TYNE

Causes: Education/training · Grant history (this charity is a funder) · website · Get email alerts

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £10k; policy: intention to award grants equal to net incoming unrestricted resources in the previous year)

“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). Discloses 5 of 6 completeness components.

Trustees · trustee networks

JOHN WAUGH MBEchair · trustee of 2 other charities
ANNE TATE
Brian Peacock
FIONA JANE WATSON
Herr Thomas Braun
MICHAELA DAWN MARTIN
NEIL DAVID JACKSON
ROBERT LEE JOBLING
SCOTT CRAWFORD MORRISON

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

Operates in: Newcastle Upon Tyne City

Income and spending

Financial year end	Income	Spending
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?

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. 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.

Funder	Similar charities funded	Amount to them
THE CHARIS TRUST	1	£54k
THE GROCERS' CHARITY	1	£4k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ST ANDREW'S SCHOOL TRUST.

THE ST ANDREW'S SCHOOL TRUST income £2.2m
HOH CHARITABLE TRUST income £194k
DOLPHIN SCHOOL TRUST income £2.2m
DURLSTON COURT SCHOOL TRUST LIMITED income £4.1m
ST MARY'S SCHOOL (COLCHESTER) LIMITED income £7.0m
HEYHOUSES CHURCH OF ENGLAND NURSERY SCHOOL LIMITED income £374k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
ST. NICHOLAS' EDUCATIONAL TRUST	£115k	—	0	below	—	no doubt
THE ST ANDREW'S SCHOOL TRUST FY2025	£2.2m	—	—	above	—	no doubt
HOH CHARITABLE TRUST FY2025	£194k	—	0	unclear	—	no doubt
DOLPHIN SCHOOL TRUST FY2025	£2.2m	—	—	unclear	—	no doubt
DURLSTON COURT SCHOOL TRUST LIMITED FY2025	£4.1m	£90,001 - £100,000	2	above	—	no doubt
ST MARY'S SCHOOL (COLCHESTER) LIMITED FY2025	£7.0m	£80,001 - £90,000	—	unclear	—	no doubt

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