Town Close Educational Trust Ltd
The education of children
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £668,894 for the year ended 31 July 2025, resulting in a decrease in total funds to £7,800,696. Per the trustees' report, free reserves (unrestricted funds less fixed assets) totalled £239,606, which the trustees consider sufficient to maintain the school as a going concern.
What the accounts disclose
“In the band £110,001 - £120,000 1” — page 26
“Free reserves, being total unrestricted funds less those which are invested in fixed assets, totalled £239,606 (2024: £758,763).”
Year-over-year changes
- Top pay band moved from £100,001 - £110,000 (FY2024) to £110,001 - £120,000 (FY2025).
Corporate structure
- Registered company of the charity Companies House 00940118
Leadership, per the charity’s website
- Mr Nick Tiley-Nunn — Headmaster
Company officers (Companies House)
- BARTRAM, Mark Edward not on trustee list
- SINCLAIR, Duncan on trustee list
- GEORGE, Simon Ian on trustee list
- HORDERN, Gemma on trustee list
- WEBSTER, Isobelle Elizabeth on trustee list
- FENTON-STONE, Faye Victoria on trustee list
- RIPMAN, Helen Ruth on trustee list
- COSTELLO, Denis Richard on trustee list
- PATEL, Sonal Ashvin, Dr on trustee list
- NORTH, Jean Louise on trustee list
- FENNELL, Adrian Martin Alexander on trustee list
- ARTHERTON, Kate Deborah
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Adrian Martin Alexander Fennell
- Denis Costello
- Dr Sonal Ashvin Patel
- Duncan Sinclair
- Faye Fenton-Stone
- Gemma Hordern
- Isobelle Webster
- Jean Louise North
- Ruth Ripman
- Simon George
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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 FY2025 accounts: The accounts state that the charity reported a net deficit of £668,894 for the year ended 31 July 2025, resulting in a decrease in total funds to £7,800,696. Per the trustees' report, free reserves (unrestricted funds less fixed assets) totalled £239,606, which the trustees consider sufficient to maintain the school as a going concern. Its FY2025 accounts were audited by Larking Gowen LLP.
What does the highest-paid employee of Town Close Educational Trust Ltd earn?
Per its FY2025 accounts, the highest-paid employee was in the £110,001 - £120,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TEWKESBURY ABBEY FOUNDATION | 1 | £186k |
| MISSION44 | 1 | £75k |
| CML - CHEVRAS MO'OZ LADOL | 1 | £30k |
Charities like this
- SCHOOL-LED DEVELOPMENT TRUST
- RADCLIFFE-ON-TRENT PRE-SCHOOL PLAYGROUP
- THE DEAN CLOSE FOUNDATION
- THE OPEN SCHOOL TRUST
- CAREDUCATION TRUST LTD
- JAY EDUCATION TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Town Close Educational Trust Ltd | £6.2m | £110,001 - £120,000 | — | below | — | no doubt |
| SCHOOL-LED DEVELOPMENT TRUST | £19.0m | £160,001 - £170,000 | — | below | — | no doubt |
| RADCLIFFE-ON-TRENT PRE-SCHOOL PLAYGROUP | £190k | — | — | within | — | no doubt |
| THE DEAN CLOSE FOUNDATION | £63.8m | — | 24 | below | — | no doubt |
| THE OPEN SCHOOL TRUST | £1.6m | — | — | below | — | no doubt |
| CAREDUCATION TRUST LTD | £133k | — | 0 | unclear | — | no doubt |