NORWOOD SCHOOLS LTD
Promotion of education and the relief in need of people with learning difficulties and children and families in need through the provision of support, particularly in the areas of special education, respite and recreational services, family support including social work, and adoption, the beneficiaries of which activities shall be drawn primarily, but not exclusively, from the Jewish community.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved an operating surplus of £1.6m for the year ended 31 March 2025, driven by increased charitable activity income and parent company grants. However, the trustees report that free reserves of £4.9m remain below the stated policy target of three months' expenditure (£7.8m), with pro-forma reserves dropping to £1.9m due to planned strategic investments. The charity relies on statutory funding and parent company support to manage a persistent funding shortfall in adult social care costs.
What the accounts disclose
“At 31 March 2025, the charity’s free reserves are below that target.” — page 17
“Norwood Schools Limited received income of £8,033,000 (2024: £5,300,000) from Norwood Ravenswood.” — page 41
“Norwood Schools Limited incurred expenditure of £1,241,000 (£2024: £3,725,000) on behalf of Norwood Ravenswood.” — page 41
“Norwood Schools Limited received income of £8,033,000 (2024: £5,300,000) from Norwood Ravenswood.” — page 41
“Norwood Schools Limited incurred expenditure of £1,241,000 (£2024: £3,725,000) on behalf of Norwood Ravenswood.” — page 41
“Norwood Schools Limited received income of £8,033,000 (2024: £5,300,000) from Norwood Ravenswood.” — page 41
“Norwood Schools Limited incurred expenditure of £1,241,000 (£2024: £3,725,000) on behalf of Norwood Ravenswood.” — page 41
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £32.7m | £31.1m |
| 31/03/2024 | £29.8m | £29.5m |
| 31/03/2023 | £28.8m | £28.4m |
| 31/03/2022 | £29.1m | £28.7m |
| 31/03/2021 | £30.9m | £30.1m |
Common questions
Is NORWOOD SCHOOLS LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved an operating surplus of £1.6m for the year ended 31 March 2025, driven by increased charitable activity income and parent company grants. However, the trustees report that free reserves of £4.9m remain below the stated policy target of three months' expenditure (£7.8m), with pro-forma reserves dropping to £1.9m due to planned strategic investments. The charity relies on statutory funding and parent company support to manage a persistent funding shortfall in adult social care costs. Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SALOMAN FOUNDATION | 1 | — |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £233k |
| THE DORFMAN FOUNDATION | 1 | £160k |
| THE RICHARD HARRIS CHARITABLE TRUST | 1 | £150k |
| THE WIGODER FAMILY FOUNDATION | 1 | £136k |
| THE AMAR FAMILY CHARITABLE TRUST | 1 | £116k |
| E B M CHARITABLE TRUST | 1 | £70k |
| THE ARCHIE SHERMAN CHARITABLE TRUST | 1 | £48k |
Charities like this
- NORWOOD RAVENSWOOD
- THE WOODLAND CENTRE TRUST
- SPECIAL NEEDS ENTERPRISES (NORFOLK) LIMITED
- THE CEDARWOOD TRUST
- KUPAS TORAS CHESED LTD
- LD:NORTHEAST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NORWOOD SCHOOLS LTD | £32.7m | — | — | below | — | no doubt |
| NORWOOD RAVENSWOOD | £34.4m | — | — | above | — | no doubt |
| THE WOODLAND CENTRE TRUST | £409k | — | 0 | below | — | no doubt |
| SPECIAL NEEDS ENTERPRISES (NORFOLK) LIMITED | £332k | — | 0 | unclear | — | no doubt |
| THE CEDARWOOD TRUST | £503k | — | 0 | below | — | noted |
| KUPAS TORAS CHESED LTD | £164k | — | 0 | below | — | no doubt |