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THE HOWE GREEN EDUCATIONAL TRUST LIMITED

Registered charity 297106 · accounts filings on the Charity Commission register · also known as ACORNS NURSERY, HOWE GREEN HOUSE SCHOOL

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Latest income
£2.0m
Latest spending
£1.8m
Registered
1987
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net expenditure of £61,712 for the year, primarily due to unforeseen staff costs associated with restructuring and an employment tribunal claim. Despite this deficit and negative net current assets of £152,303, the trustees consider the present level of free reserves satisfactory and the school to be in a financially sound position, with the auditors confirming no material uncertainties regarding going concern.

What the accounts disclose

Highest-paid employee band: £120,001 - £130,000 — above the 90th percentile for charities its size (median £70k)
“One employee earned between £120,000 and £130,000 per annum (including benefits) during the year”
Per its FY2023 accounts as filed with the Charity Commission.
Employees paid over £60,000: 2
“One employee earned between £60,000 and £70,000 per annum (including benefits) during the year (2022: two). No employee earned between £85,000 and £95,000 per annum (including benefits) during the year (2022:one). One employee earned between £120,000 and £130,000 per annum (including benefits) during the year (2022:none).” — page 21
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: The Board considers that the level of free reserves should be increased as circumstances permit so as to provide the flexibility needed to cover temporary shortfalls in incoming resources due to the timing differences in income flows; and adequate working capital to cover core costs to allow the School to cope and respond to unforeseen emergencies, whilst specific action plans are implemented. Building of such reserves can only realistically be viewed over the medium term and the Board is satisfied that the school remains in a financially sound position and that the present level of free reserves is satisfactory. (held: £1.7m)
“The Board considers that the level of free reserves should be increased as circumstances permit so as to provide the flexibility needed to cover temporary shortfalls in incoming resources due to the timing differences in income flows; and adequate working capital to cover core costs to allow the School to cope and respond to unforeseen emergencies, whilst specific action plans are implemented. Building of such reserves can only realistically be viewed over the medium term and the Board is satisfied that the school remains in a financially sound position and that the present level of free reserves is satisfactory.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Four Governors were parents of children at the school. School fee charges are on normal commercial terms and Governors derive no financial benefit.
“At the end of the year four Governors were parents of children at the school (2022 - 4 Governors). School fee charges are on normal commercial terms and Governors derive no financial benefit. There are no further related party transactions” — page 27
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Brindley Millen Limited. Discloses 6 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

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

Total income
£2.0m
Total spending
£1.8m
Reserves (reported)
£2.0m
Employees
51

Reported reserves equal ~13.8 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: Essex

Income and spending

Financial year endIncomeSpending
31/08/2025£2.0m£1.8m
31/08/2024£2.2m£2.0m
31/08/2023£2.1m£2.1m
31/08/2022£1.9m£1.9m
31/08/2021£1.8m£1.7m

Common questions

Is THE HOWE GREEN EDUCATIONAL TRUST LIMITED financially healthy?

The accounts state that the charity reported a net expenditure of £61,712 for the year, primarily due to unforeseen staff costs associated with restructuring and an employment tribunal claim. Despite this deficit and negative net current assets of £152,303, the trustees consider the present level of free reserves satisfactory and the school to be in a financially sound position, with the auditors confirming no material uncertainties regarding going concern. Its FY2023 accounts were audited by Brindley Millen Limited.

What does the highest-paid employee of THE HOWE GREEN EDUCATIONAL TRUST LIMITED earn?

Per its FY2023 accounts, the highest-paid employee was in the £120,001 - £130,000 band, and 2 employees earned over £60,000.