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NEWELLS SCHOOL TRUST LIMITED

Registered charity 307038 · accounts filings on the Charity Commission register · also known as HANDCROSS PARK SCHOOL

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Latest income
£9.0m
Latest spending
£8.8m
Registered
1969
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net income surplus of £415,381 for the year ended 31 July 2023. Per the trustees' report, free reserves (unrestricted funds less fixed assets) showed a deficit of £538,140, but the charity holds significant unrestricted funds of £4,224,599 and adequate cash reserves to meet obligations as they fall due.

What the accounts disclose

Accounts audited by Haysmacintyre LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£9.0m
Total spending
£8.8m
Cost of raising funds
£27k
Reserves (reported)
£5.0m
Employees
135

Reported reserves equal ~6.9 months of spending — above 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
31/07/2025£9.0m£8.8m
31/07/2024£8.2m£7.7m
31/07/2023£7.4m£7.0m
31/07/2022£6.7m£6.4m
31/07/2021£5.8m£5.6m

Common questions

Is NEWELLS SCHOOL TRUST LIMITED financially healthy?

The accounts state that the charity reported a net income surplus of £415,381 for the year ended 31 July 2023. Per the trustees' report, free reserves (unrestricted funds less fixed assets) showed a deficit of £538,140, but the charity holds significant unrestricted funds of £4,224,599 and adequate cash reserves to meet obligations as they fall due. Its FY2023 accounts were audited by Haysmacintyre LLP.