ST NICHOLAS' SCHOOL (FLEET) EDUCATIONAL TRUST LIMITED
The principal activity of the School is an independent day school for girls aged 3 to 16 and boys aged 3 to 7 years.
Objects
1) TO ACQUIRE AND TAKE OVER AND CARRY ON ST. NICHOLAS' SCHOOL, HERETOFORE CARRIED ON BY MISS BRIDGET MAUDE FETHERSTONHAUGH AT FLEET. 2) TO ESTABLISH AND MAINTAIN AT THE SAID PREMISES AND TO ESTABLISH OR ACQUIRE AS A GOING CONCERN, AND CARRY ON OR MANAGE ELSEWHERE, ANY SUBSIDIARY, AFFILIATED OR OTHER SCHOOLS FOR THE EDUCATION OF GIRLS, AND IF THOUGHT FIT, FOR THE EDUCATION OF BOYS UNDER TWELVE YEARS OF AGE, EITHER IN CONNEXION WITH ST. NICHOLAS' SCHOOL OR AS INDEPENDENT SCHOOLS, AND TO SUPPLY TO THE PUPILS GENERAL INSTRUCTION OF THE HIGHEST CLASS, TOGETHER WITH PHYSICAL MORAL AND RELIGIOUS TRAINING, BUT SO THAT EACH SUCH SCHOOL SHALL BE CARRIED ON AS AN EDUCATIONAL CHARITY.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net increase in unrestricted funds of £85,198 for the year ended 31 July 2025, with total income reaching £5,511,020. The charity holds unrestricted reserves of £5,606,111, including £364,987 in free reserves, and maintains a healthy cash balance of £987,454. The trustees and auditors confirm that the charity has adequate resources to continue operations for the foreseeable future with no material uncertainties regarding going concern.
What the accounts disclose
“The number of employees whose emoluments exceeded £60,000 was: £60,000 to £70,000 £70,000 to £80,000 £80,000 to £90,000 During the year an amount of £24,073 (2024: £16,530) was paid as pension contributions into the teachers’ pension scheme while a contribution of £9,016 (2024: £8,792) was made into a defined contribution scheme.” — page 26
“The number of employees whose emoluments exceeded £60,000 was: £60,000 to £70,000 £70,000 to £80,000 £80,000 to £90,000” — page 26
“The policy of the Governors is to continue to use the operating surpluses to improve the current facilities and use any excess surplus in order to build up its free reserves.”
“The School purchases trustees’ indemnity insurance and the premium, which is not separately identifiable, is believed to be approximately £272 (2024: £272).” — page 31
“One Governor had two children at the School and paid fees at published rates for both years. Total expenses amounting to £1,038 were reimbursed (2024:£NIL)” — page 31
“The School purchases trustees’ indemnity insurance and the premium, which is not separately identifiable, is believed to be approximately £272 (2024: £272).” — page 31
“One Governor had two children at the School and paid fees at published rates for both years. Total expenses amounting to £1,038 were reimbursed (2024:£NIL)” — page 31
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/07/2025
- Government income: £267,783 — grants £267,783 (5); 5% of the £5,511,020 total gross income on the same return
- Employees paid over £60,000: 2 (£70,001–£80,000: 1; £80,001–£90,000: 1)
Self-declared on the annual return for the financial year ending 31/07/2024
- Government income: £246,074 — grants £246,074 (8); 5% of the £5,076,231 total gross income on the same return
- Employees paid over £60,000: 2 (£70,001–£80,000: 1; £80,001–£90,000: 1)
Self-declared on the annual return for the financial year ending 31/07/2023
- Government income: £78,827 — grants £78,827 (3); 2% of the £4,788,951 total gross income on the same return
- Employees paid over £60,000: 7 (£60,001–£70,000: 3; £70,001–£80,000: 2; £80,001–£90,000: 1; £110,001–£120,000: 1)
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 31/07/2025 (received 10/06/2026, 10 days after the 31/05/2026 due date); year ending 31/07/2021 (received 27/09/2022, 119 days after the 31/05/2022 due date).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Chris Nethertonchair
- Davina Maroothynaden
- Graeme Thompson
- John Casey
- Lynne Nixon
- Tom O'Connor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £5.5m | £5.4m |
| 31/07/2024 | £5.1m | £5.0m |
| 31/07/2023 | £4.8m | £4.8m |
| 31/07/2022 | £4.5m | £4.4m |
| 31/07/2021 | £4.1m | £4.0m |
Common questions
Is ST NICHOLAS' SCHOOL (FLEET) EDUCATIONAL TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net increase in unrestricted funds of £85,198 for the year ended 31 July 2025, with total income reaching £5,511,020. The charity holds unrestricted reserves of £5,606,111, including £364,987 in free reserves, and maintains a healthy cash balance of £987,454. The trustees and auditors confirm that the charity has adequate resources to continue operations for the foreseeable future with no material uncertainties regarding going concern. Its FY2025 accounts were audited by HaysMac LLP.
What does the highest-paid employee of ST NICHOLAS' SCHOOL (FLEET) EDUCATIONAL TRUST LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,000 to £90,000 band, and 3 employees earned over £60,000.
Who funds ST NICHOLAS' SCHOOL (FLEET) EDUCATIONAL TRUST LIMITED?
Funders whose own accounts filings name ST NICHOLAS' SCHOOL (FLEET) EDUCATIONAL TRUST LIMITED as a grant recipient include CHRIST'S HOSPITAL OF ABINGDON.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CHRIST'S HOSPITAL OF ABINGDON | FY2025 | £19k | Support various activities |
| CHRIST'S HOSPITAL OF ABINGDON | FY2023 | £18k | Support various activities |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 14/07/2014 | £30k | Primary Spaces |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PRISM THE GIFT FUND | 1 | £200k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £150k |
| THE MIKHEEV CHARITABLE TRUST | 1 | £60k |
| KUSUMA TRUST UK | 1 | £20k |
| SHAREDIMPACT | 1 | £20k |
| ST PAUL'S SCHOOLS FOUNDATION | 1 | £10k |
Charities like this
- ST NICHOLAS SCHOOL (HARLOW) LIMITED
- NEWELLS SCHOOL TRUST LIMITED
- ST PHILIP'S SCHOOL TRUST LIMITED
- ST NICHOLAS PLAYGROUP
- ST. NICHOLAS' EDUCATIONAL TRUST
- BEACHBOROUGH SCHOOL TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST NICHOLAS' SCHOOL (FLEET) EDUCATIONAL TRUST LIMITED | £5.5m | £80,000 to £90,000 | 3 | unclear | — | no doubt |
| ST NICHOLAS SCHOOL (HARLOW) LIMITED | £7.6m | £100,001 - £110,000 | — | unclear | — | no doubt |
| NEWELLS SCHOOL TRUST LIMITED | £9.0m | — | — | below | — | no doubt |
| ST PHILIP'S SCHOOL TRUST LIMITED | £2.0m | — | — | unclear | — | no doubt |
| ST NICHOLAS PLAYGROUP | £134k | — | 0 | unclear | — | no doubt |
| ST. NICHOLAS' EDUCATIONAL TRUST | £115k | — | 0 | below | — | no doubt |