Town Close Educational Trust Ltd

Registered charity 311293 · accounts filings on the Charity Commission register · also known as TOWN CLOSE HOUSE EDUCATIONAL TRUST LIMITED, TOWN CLOSE HOUSE SCHOOL

The education of children

Causes: Education/training · website · Get email alerts

Latest income
£6.2m
Latest spending
£6.9m
Registered
1969
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net income of £139,186 for the year ended 31 July 2022, following a surplus of £682,603 in the prior year. Total funds carried forward amounted to £8,805,972, with free reserves of £791,728, which the Trustees consider sufficient to enable the School to continue to operate as a going concern for the foreseeable future.

Automated summary of the FY2022 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient to enable the School to continue to operate as a going concern for the foreseeable future (held: £792k)
The policy of the Trustees is to maintain reserves at a level that is sufficient to enable the School to continue to operate as a going concern for the foreseeable future. — page 9
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Larking Gowen LLP. Discloses 4 of 6 completeness components.

Corporate structure

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.

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

Total income
£6.2m
Total spending
£6.9m
Reserves (reported)
£7.8m
Employees
125

Reported reserves equal ~13.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Norfolk

Income and spending

Financial year endIncomeSpending
31/07/2025£6.2m£6.9m
31/07/2024£6.5m£6.9m
31/07/2023£6.3m£6.2m
31/07/2022£5.7m£5.6m
31/07/2021£5.7m£5.0m

Common questions

Is Town Close Educational Trust Ltd financially healthy?

Per its FY2022 accounts: The accounts state that the charity reported a net income of £139,186 for the year ended 31 July 2022, following a surplus of £682,603 in the prior year. Total funds carried forward amounted to £8,805,972, with free reserves of £791,728, which the Trustees consider sufficient to enable the School to continue to operate as a going concern for the foreseeable future. Its FY2022 accounts were audited by Larking Gowen LLP.