PRENDERGAST SCHOOL
Supporting secondary education for local young people.
Objects
THE OBJECTS OF THE CHARITY ARE THE ADVANCEMENT OF EDUCATION IN THE LONDON BOROUGH OF LEWISHAM AND ADJOINING LONDON BOROUGHS BY THE SUPPORT OF THE PRENDERGAST SCHOOL AND ANY OF THE PRENDERGAST SCHOOLS FORMING PART OF THE LEATHERSELLERS’ FEDERATION OF SCHOOLS OR ANY SUCCESSOR BODY TO IT. IN FURTHERANCE OF THESE OBJECTS: I) THE PLAYING FIELDS MAY BE USED FOR THE PURPOSES OF THE SAID PRENDERGAST SCHOOL AND ANY OF THE PRENDERGAST SCHOOLS SITUATED IN THE LONDON BOROUGH OF LEWISHAM OR ADJOINING LONDON BOROUGHS FORMING PART OF THE LEATHERSELLERS’ FEDERATION OF SCHOOLS OR ANY SUCCESSOR BODY TO IT; AND II) THE INCOME FROM THE PERMANENT ENDOWMENT OF THE PRENDERGAST SCHOOL CHARITY SHALL BE USED FOR THE PURPOSES OF THE PRENDERGAST SCHOOL AND ANY OF THE PRENDERGAST SCHOOLS SITUATED IN THE LONDON BOROUGH OF LEWISHAM OR ADJOINING LONDON BOROUGHS WHICH FROM TIME TO TIME FORM PART OF THE LEATHERSELLERS’ FEDERATION OF SCHOOLS OR ANY SUCCESSOR BODY TO IT.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £1,071,116, with £119,742 available as spendable general funds. The trustees report a satisfactory position and maintain reserves at a level equivalent to three to six months of expenditure. The charity is preparing to close once its remaining assets are transferred to a connected Charitable Incorporated Organisation.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
“After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason it continues to adopt the going concern basis in preparing the accounts although once all the assets are transferred to the CIO the charity will be closed.” — page 4
“During the year £nil (2024: £41,840) was contributed for capital works at the School and £nil (2024: £26) for administrative expenses. There is a balance of E£nil (2024: £25,528) owed to the School as at the year end. An amount of £51,825 is included as a debtor which is the balance transferred to the ClO.” — page 16
Inspection and regulatory ratings
- Ofsted — Prendergast School: Not judged
Policies the charity declares
- Complaints handling
- Financial reserves policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Safeguarding vulnerable beneficiaries
Funders the charity credits
- The Leathersellers' Company
Trustees
- The Prendergast Schools Trust
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £31k | £4k |
| 31/03/2024 | £30k | £88k |
| 31/03/2023 | £28k | £40k |
| 31/03/2022 | £24k | £45k |
| 31/03/2021 | £21k | £37k |
Common questions
Is PRENDERGAST SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £1,071,116, with £119,742 available as spendable general funds. The trustees report a satisfactory position and maintain reserves at a level equivalent to three to six months of expenditure. The charity is preparing to close once its remaining assets are transferred to a connected Charitable Incorporated Organisation. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2024 | £4k | School Condition Allocation - Voluntary Aided Sector Recipients |