FRANT SCHOOL
The vesting of the land and buildings known as Frant School and the School House property and the maintenance of its status as a school and the management of School House, is still in the process of change with the sale of School House & the cessation of the school. The changes will be presented to the Charity Commission in due course to assess their accordance with the Charity Commission Scheme.
Objects
(1) IN PROVIDING AT THE SCHOOL OF THE CHARITY SUCH SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED BY THE LOCAL EDUCATION AUTHORITY AS THE MANAGING TRUSTEES MAY FROM TIME TO TIME BE AGREED BETWEEN THE SCHOOL GOVERNORS AND THE MANAGING TRUSTEES AFTER CONSULTATION WITH THE LOCAL EDUCATION AUTHORITY. (2) IN OTHERWISE PROMOTING THE EDUCATION OF CHILDREN AND ADULTS WHO ARE RESIDENT IN THE PARISH OF FRANT
Financial health, per its FY2024 accounts
The accounts state that the trust holds unrestricted reserves of £882,014, derived from a significant reverter fund return and property valuation, resulting in a net surplus for the year. The trustees report that incoming resources exceed expenditure, with funds designated for restricted charitable purposes including preschool development and community grants. No material uncertainties or going concern risks are disclosed in the filing.
What the accounts disclose
“Rents receivable 20,325” — page 7
“No Trustee, nor any person connected therewith, was in receipt of any remuneration or expenses from the Trust during the year.” — page 9
Trustees
- JULIET SUZANNE NIGHTINGALE
- Kyle Laidler
- Rev Brendan James Martin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £25k | £21k |
| 31/12/2023 | £28k | £22k |
| 31/12/2022 | £21k | £16k |
| 31/12/2021 | £18k | £21k |
| 31/12/2020 | £18k | £25k |
Common questions
Is FRANT SCHOOL financially healthy?
Per its FY2024 accounts: The accounts state that the trust holds unrestricted reserves of £882,014, derived from a significant reverter fund return and property valuation, resulting in a net surplus for the year. The trustees report that incoming resources exceed expenditure, with funds designated for restricted charitable purposes including preschool development and community grants. No material uncertainties or going concern risks are disclosed in the filing. Its FY2024 accounts were independently examined.