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THORPE HOUSE SCHOOL TRUST

Registered charity 292683 · accounts filings on the Charity Commission register

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Latest income
£5.5m
Latest spending
£6.1m
Registered
1985
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operational deficit of £601,002 for the year ended 31 August 2025, resulting in a reduction of total funds to £2,861,975. The trustees report that the charity has no free reserves at year-end, as unrestricted funds are offset by tangible fixed assets and bank borrowings, though cash deposits of £614,469 were held. Despite a covenant breach on its bank loan, the auditor confirmed the going concern basis is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: three months of operating costs plus one year of loan interest in cash
“The reserves policy requires that, at any given time, the School holds at least three months of operating costs plus one year of loan interest in cash.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

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

Total income
£5.5m
Total spending
£6.1m
Cost of raising funds
£243k
Reserves (reported)
£0
Employees
72

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Buckinghamshire

Income and spending

Financial year endIncomeSpending
31/08/2025£5.5m£6.1m
31/08/2024£5.4m£5.6m
31/08/2023£5.0m£4.8m
31/08/2022£4.4m£4.4m
31/08/2021£4.3m£4.1m

Common questions

Is THORPE HOUSE SCHOOL TRUST financially healthy?

The accounts state that the charity reported an operational deficit of £601,002 for the year ended 31 August 2025, resulting in a reduction of total funds to £2,861,975. The trustees report that the charity has no free reserves at year-end, as unrestricted funds are offset by tangible fixed assets and bank borrowings, though cash deposits of £614,469 were held. Despite a covenant breach on its bank loan, the auditor confirmed the going concern basis is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Crowe U.K. LLP.