THE LETCHWORTH GARDEN CITY EDUCATIONAL TRUST
THE COLLEGE OFFERS CARE AND EDUCATION TO GIRLS BETWEEN THE AGES OF THREE AND EIGHTEEN WITHIN THE FRAMEWORK OF THE CHRISTIAN FAITH. BOARDING FACILITIES ARE AVAILABLE.
Financial health, per its FY2025 accounts
The accounts state that the charity is no longer a going concern following the sale of its main asset, St Francis’ College, in May 2022. Per the trustees' report, the charity is winding down its operations and has unrestricted funds of £1,130,520, with no stated reserves policy target due to minimal future liabilities.
What the accounts disclose
“As a result of the disposal of the College by the charity on 12 May 2022, the scale of the charity’s operations has been materially curtailed. Consequently, the charity is no longer a going concern and so the financial statements have not been prepared on the going concern basis” — page 10
“No remuneration or expenses was paid to any Trustee during the year, but the charity did pay £762 (2024: £762) for Trustees’ indemnity insurance.” — page 9
Structured financials (annual return, FY ending 31/08/2022)
Trustees
- ALAN GOODWINchair
- Amanda Jane Aldridge
- EILEEN ISMAY
- GEORGE RITCHIE
- Martin John Dingemans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £54k | £6k |
| 31/08/2024 | £15k | £7k |
| 31/08/2023 | £5k | £13k |
| 31/08/2022 | £4.2m | £4.7m |
| 31/08/2021 | £5.4m | £6.1m |
Common questions
Is THE LETCHWORTH GARDEN CITY EDUCATIONAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity is no longer a going concern following the sale of its main asset, St Francis’ College, in May 2022. Per the trustees' report, the charity is winding down its operations and has unrestricted funds of £1,130,520, with no stated reserves policy target due to minimal future liabilities. Its FY2025 accounts were independently examined.