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STAINES PREPARATORY SCHOOL TRUST

Registered charity 296691 · accounts filings on the Charity Commission register

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Latest income
£3.7m
Latest spending
£3.7m
Registered
1987
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £24,275 for the year ended 31 August 2025, following a surplus in the prior year. Per the trustees' report, the school anticipates a reduction in pupil numbers due to the introduction of VAT on private school fees, a cost that will be met from retained reserves while the school rebuilds its numbers. The auditor noted that while a bank covenant breach is expected, the school has adequate resources and bank support to continue as a going concern.

What the accounts disclose

Highest-paid employee band: £110,001 - £119,999 — in the top quarter for charities its size (median £78k)
“In the band £110,001 - £119,999” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: one term’s expenditure (held: £1.4m)
“The Governors have determined that the long-term appropriate level of free reserves, drawn from the general fund, should be equivalent to one term’s expenditure. (Approximately £1,087,000).” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The School has an existing bank loan facility which is subject to financial covenants. Based on current financial forecasts, the Governors recognise that one of these covenants is expected to be breached following the year ending 31 August 2026.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by James Cowper Kreston Audit. Discloses 5 of 6 completeness components.

Corporate structure

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

Total income
£3.7m
Total spending
£3.7m
Reserves (reported)
£5.1m
Employees
65

Reported reserves equal ~16.4 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Surrey

Income and spending

Financial year endIncomeSpending
31/08/2025£3.7m£3.7m
31/08/2024£4.1m£4.1m
31/08/2023£3.9m£3.9m
31/08/2022£3.6m£3.7m
31/08/2021£3.3m£3.4m

Common questions

Is STAINES PREPARATORY SCHOOL TRUST financially healthy?

The accounts state that the charity reported a deficit of £24,275 for the year ended 31 August 2025, following a surplus in the prior year. Per the trustees' report, the school anticipates a reduction in pupil numbers due to the introduction of VAT on private school fees, a cost that will be met from retained reserves while the school rebuilds its numbers. The auditor noted that while a bank covenant breach is expected, the school has adequate resources and bank support to continue as a going concern. Its FY2025 accounts were audited by James Cowper Kreston Audit.

What does the highest-paid employee of STAINES PREPARATORY SCHOOL TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £110,001 - £119,999 band.