Town Close Educational Trust Ltd
The education of children
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.
What the accounts disclose
“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
Corporate structure
- Registered company of the charity Companies House 00940118
Leadership, per the charity’s website
- Mr Nick Tiley-Nunn — Headmaster
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 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.