THE GODSTOWE PREPARATORY SCHOOL COMPANY LIMITED
The Provision of educational services for children from the age of 3 years to 13 years.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £363,055 for the year, contrasting with a net income in the previous period. However, cash balances improved to £4,336,986, and unrestricted reserves stood at £9,174,381, with free reserves (adjusted for fixed assets) at £224,310. The trustees maintain that cash reserves are sufficient to cover three to six months of expenditure, ensuring the school can continue its activities despite economic uncertainties.
What the accounts disclose
“It is the policy of the Company that its cash balances and access to additional liquidity should be maintained at a level equivalent to between three and six month’s expenditure” — page 10
“Fixed asset investments at the balance sheet date comprise the entire ordinary share capital of the Company's two UK registered dormant subsidiaries, High Wycombe Music Activities Limited and Godstowe Developments Limited.” — page 21
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2024)
Trustees
- Tara Leaverchair
- Andrew Logan
- David James Flower
- Emma Perkins
- Geoffrey Parkin
- Jack Murray
- Janine Kochman
- Jeremy Banks
- Kathryn Berens
- Modupe Omonijo
- Nigel Garrett
- Stuart Nicholls
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2024 | £8.3m | £8.7m |
| 31/08/2023 | £8.2m | £8.2m |
| 31/08/2022 | £7.9m | £7.6m |
| 31/08/2021 | £7.0m | £6.9m |
| 31/08/2020 | £6.5m | £6.6m |
Common questions
Is THE GODSTOWE PREPARATORY SCHOOL COMPANY LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £363,055 for the year, contrasting with a net income in the previous period. However, cash balances improved to £4,336,986, and unrestricted reserves stood at £9,174,381, with free reserves (adjusted for fixed assets) at £224,310. The trustees maintain that cash reserves are sufficient to cover three to six months of expenditure, ensuring the school can continue its activities despite economic uncertainties. Its FY2024 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE STOWE SCHOOL FOUNDATION | 1 | £12.8m |
| THE PALOMA FOUNDATION | 1 | £300k |
| THE CROSS TRUST | 1 | £50k |
| THE MACDONALD-BUCHANAN CHARITABLE TRUST | 1 | £10k |
| THE CHRISTOPHER LAING FOUNDATION | 1 | £5k |
| NORTHAMPTONSHIRE COMMUNITY FOUNDATION | 1 | £-3k |
Charities like this
- THE DOWNS SCHOOL (CHARLTON HOUSE) LIMITED
- UK CHRISTIAN SCHOOLS LTD
- CHRISTIAN SCHOOLS LIMITED
- GATEWAYS EDUCATIONAL TRUST LIMITED
- GARRAS OWLETS PRE SCHOOL
- PARKSIDE SCHOOL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE GODSTOWE PREPARATORY SCHOOL COMPANY LIMITED | £8.3m | — | — | unclear | — | no doubt |
| THE DOWNS SCHOOL (CHARLTON HOUSE) LIMITED | £5.8m | — | — | unclear | — | no doubt |
| UK CHRISTIAN SCHOOLS LTD | £1.0m | — | 0 | unclear | — | no doubt |
| CHRISTIAN SCHOOLS LIMITED | £4.5m | £110,001 - £120,000 | — | unclear | — | no doubt |
| GATEWAYS EDUCATIONAL TRUST LIMITED | £8.7m | — | — | unclear | — | no doubt |
| GARRAS OWLETS PRE SCHOOL | £110k | — | 0 | above | — | no doubt |