Farney Educational Trust

Registered charity 307024 · accounts filings on the Charity Commission register · also known as FARNEY CLOSE SCHOOL LTD

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Latest income
£5.8m
Latest spending
£4.9m
Registered
1967
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a surplus on unrestricted funds of £256,868, increasing total unrestricted funds to £5,729,212. Free reserves were stated at £1,425,232, while the charity noted it needs to maintain reserves to cope with uncertainties over student numbers and funding. The financial review highlights that the most significant financial risk concerns the cost of providing services not being fully matched by income from fees.

What the accounts disclose

Accounts audited by TC Group. Discloses 3 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.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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

Total income
£5.8m
Total spending
£4.9m
Reserves (reported)
£1.0m
Employees
83

Reported reserves equal ~2.5 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: West Sussex

Income and spending

Financial year endIncomeSpending
31/08/2025£5.8m£4.9m
31/08/2024£5.1m£4.6m
31/08/2023£4.3m£4.0m
31/08/2022£4.3m£3.7m
31/08/2021£3.6m£3.5m

Common questions

Is Farney Educational Trust financially healthy?

The accounts state that the charity reported a surplus on unrestricted funds of £256,868, increasing total unrestricted funds to £5,729,212. Free reserves were stated at £1,425,232, while the charity noted it needs to maintain reserves to cope with uncertainties over student numbers and funding. The financial review highlights that the most significant financial risk concerns the cost of providing services not being fully matched by income from fees. Its FY2023 accounts were audited by TC Group.