MORE HOUSE TRUST LTD
More House Trust Ltd operates More House School, an independent catholic secondary day school for girls.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net loss of £468,743 for the year ended 31 August 2024, resulting in total funds of £30,557. The auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern due to forecast losses and the need for additional funding within 12 months. Despite this, the trustees maintain that the school has sufficient resources to continue operating for the foreseeable future.
What the accounts disclose
“£170,000 to £180,000 4” — page 26
“The target set by the Governors that at least one term's income should be kept as a general reserve” — page 9
“One Governor received £16,000 during the year for executive services to the charity”
“Ernest Coco-Bassey, the husband of the Director of Finance and Resources (Suzana Coco-Bassey) was paid fees for marketing services during the year ended 31 August 2024 of £1,500” — page 11
Corporate structure
- Registered company of the charity Companies House 00958054
Leadership, per the charity’s website
- Mr I Bogle — Chair
Company officers (Companies House)
- MEADOWS, Susan Ann on trustee list
- BOGLE, Ian on trustee list
- LAKE, Kevin Douglas on trustee list
- FYFE, James Joseph not on trustee list
- SHALE, Margaret Susan not on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Ian Boglechair
- JAMES FYFE BA
- KEVIN LAKE
- MRS SUE SHALE BA FCA
- SUSAN MEADOWS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £3.3m | £3.7m |
| 31/08/2024 | £3.1m | £3.5m |
| 31/08/2023 | £3.0m | £3.4m |
| 31/08/2022 | £3.2m | £3.6m |
| 31/07/2021 | £3.2m | £3.5m |
Common questions
Is MORE HOUSE TRUST LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net loss of £468,743 for the year ended 31 August 2024, resulting in total funds of £30,557. The auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern due to forecast losses and the need for additional funding within 12 months. Despite this, the trustees maintain that the school has sufficient resources to continue operating for the foreseeable future. Its FY2024 accounts were audited by Azets Audit Services.
What does the highest-paid employee of MORE HOUSE TRUST LTD earn?
Per its FY2024 accounts, the highest-paid employee was in the £170,001 - £180,000 band.
Charities like this
- MARLBOROUGH HOUSE SCHOOL
- THORPE HOUSE SCHOOL TRUST
- GLEBE HOUSE SCHOOL TRUST LTD
- DAIR HOUSE SCHOOL TRUST LIMITED
- RED HOUSE SCHOOL LIMITED
- CHARLOTTE HOUSE SCHOOL LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MORE HOUSE TRUST LTD | £3.3m | £170,001 - £180,000 | — | unclear | — | no doubt |
| MARLBOROUGH HOUSE SCHOOL | £4.8m | £130,001 - £140,000 | — | below | — | not going concern |
| THORPE HOUSE SCHOOL TRUST | £5.5m | — | — | unclear | — | no doubt |
| GLEBE HOUSE SCHOOL TRUST LTD | £2.5m | — | — | below | — | material uncertainty |
| DAIR HOUSE SCHOOL TRUST LIMITED | £1.7m | — | 0 | unclear | — | no doubt |
| RED HOUSE SCHOOL LIMITED | £4.9m | — | — | unclear | — | no doubt |