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
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £110,001 - £120,000 — in the top quarter for charities its size (median £70k)
“In the band £110,001 - £120,000 1” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £240k; policy: sufficient to enable the School to continue to operate as a going concern for the foreseeable future)
“Free reserves, being total unrestricted funds less those which are invested in fixed assets, totalled £239,606 (2024: £758,763).”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Larking Gowen LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

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.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

5 registered titles in England and Wales held by the charity’s company or corporate body (4 freehold); recorded price paid £1.9m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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).

Per its annual return, largest income source: Charitable activities (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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 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

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE TEWKESBURY ABBEY FOUNDATION1£186k
MISSION441£75k
CML - CHEVRAS MO'OZ LADOL1£30k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SCHOOL-LED DEVELOPMENT TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Town Close Educational Trust Ltd£6.2m£110,001 - £120,000—below—no doubt
SCHOOL-LED DEVELOPMENT TRUST FY2025£19.0m£160,001 - £170,000—below—no doubt
RADCLIFFE-ON-TRENT PRE-SCHOOL PLAYGROUP FY2025£190k——within—no doubt
THE DEAN CLOSE FOUNDATION FY2025£63.8m—24below—no doubt
THE OPEN SCHOOL TRUST FY2025£1.6m——below—no doubt
CAREDUCATION TRUST LTD FY2025£133k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.