Montessori St Nicholas Ltd
Latest income
£279k
Latest spending
£976k
Registered
1963
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased to £4.148m from £5.113m in the prior year, reflecting a net expenditure of £0.965m. The charity holds £3.921m in liquid investments and £212.3k in cash, with no restricted funds. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Related-party transaction: Grant from Charity to Trading Subsidiary
“MSN awarded grants of £594,000 (2023: £604,000) to St. Nicholas Montessori Training Limited in respect of charitable activities undertaken by the subsidiary. These amounts are eliminated on consolidation.” — page 18
“In July and August 2024, £8,000 (2023: £ Nil) was paid for board coaching services provided to the Board of Trustees by Wcorp Ltd. Wcorp Ltd is a private company limited by shares in England and Wales, of which S Sidhu-Robb, our Chair of Trustees, is sole director and holds over 75% of the shares and voting rights.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Board coaching services to Trustee-connected business
“MSN awarded grants of £594,000 (2023: £604,000) to St. Nicholas Montessori Training Limited in respect of charitable activities undertaken by the subsidiary. These amounts are eliminated on consolidation.” — page 18
“In July and August 2024, £8,000 (2023: £ Nil) was paid for board coaching services provided to the Board of Trustees by Wcorp Ltd. Wcorp Ltd is a private company limited by shares in England and Wales, of which S Sidhu-Robb, our Chair of Trustees, is sole director and holds over 75% of the shares and voting rights.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Support costs between Charity and Trading Subsidiary
“MSN awarded grants of £594,000 (2023: £604,000) to St. Nicholas Montessori Training Limited in respect of charitable activities undertaken by the subsidiary. These amounts are eliminated on consolidation.” — page 18
“In July and August 2024, £8,000 (2023: £ Nil) was paid for board coaching services provided to the Board of Trustees by Wcorp Ltd. Wcorp Ltd is a private company limited by shares in England and Wales, of which S Sidhu-Robb, our Chair of Trustees, is sole director and holds over 75% of the shares and voting rights.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: St Nicholas Montessori Training Limited
“The consolidated financial statements of the group incorporate the financial statements of Montessori St Nicholas Limited and its subsidiary undertakings.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/08/2021)
Total income
£1.4m
Total spending
£2.1m
Reserves (reported)
£8.8m
Employees
20
Trustees
- Amira Bashir El-Aghel
- Diana Man Chen
- Georgina Howlett
- Joshua Beagelman
- Manisha Patel
- Saachi Jotwani
- Simren Anthea De Bourbel Priestley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £279k | £976k |
| 31/08/2024 | £160k | £965k |
| 31/08/2023 | £279k | £2.0m |
| 31/08/2022 | £290k | £2.3m |
| 31/08/2021 | £1.4m | £2.1m |
Common questions
Is Montessori St Nicholas Ltd financially healthy?
The accounts state that unrestricted reserves decreased to £4.148m from £5.113m in the prior year, reflecting a net expenditure of £0.965m. The charity holds £3.921m in liquid investments and £212.3k in cash, with no restricted funds. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Price Bailey LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MATER ECCLESIAE CIO | 1 | £50k |
| WAR ON WANT | 1 | £18k |
| THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST | 1 | £11k |
| THE ROZAC CHARITABLE TRUST | 1 | £9k |
| THE LAUFFER FAMILY CHARITABLE TRUST | 1 | £7k |