THE REED EDUCATIONAL TRUST LIMITED
Latest income
£2.0m
Latest spending
£70k
Registered
1989
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £3,187,871, which significantly exceed its stated policy target of covering annual expenditure. The trustees have adopted the going concern basis, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue operating.
What the accounts disclose
Reserves policy: sufficient unrestricted funds to cover the annual expenditure within the Trust based upon the latest financial statements (held: £3.2m)
“Based on this the Trustees aim to hold sufficient unrestricted funds to cover the annual expenditure within the Trust based upon the latest financial statements.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Disposal of subsidiary and fixed assets to Reed Global Limited for £2,629,352 total consideration (£1,029,352 for investment, £1,600,000 for fixed assets). James Reed, a trustee, has a material interest in Reed Global Limited.
“On 13 April 2025, the Charitable Company disposed of its investment in its subsidiary, Reed Business School, to Reed Global Limited for consideration of £1,029,352. The fixed assets were also sold to Reed Global as part of this transactions for consideration of £1,600,000. The sale was conducted at arm’s length and approved by both the Board of Trustees and the Charity Commission.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 30/06/2025)
Total income
£2.0m
Total spending
£70k
Reserves (reported)
£3.2m
Employees
0
Trustees
- James Reedchair
- ASAD FAZAL NOORANI
- Alexandra Fenn
- JANET LINDA WESTON
- PETER GORDON GREEN
- STELLA SHAW
- Sophia Charlotte Maynell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £2.0m | £70k |
| 30/06/2024 | £3.5m | £3.6m |
| 31/12/2022 | £2.3m | £2.3m |
| 31/12/2021 | £2.1m | £1.9m |
| 31/12/2020 | £2.1m | £1.9m |
Common questions
Is THE REED EDUCATIONAL TRUST LIMITED financially healthy?
The accounts state that the charity holds unrestricted reserves of £3,187,871, which significantly exceed its stated policy target of covering annual expenditure. The trustees have adopted the going concern basis, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue operating. Its FY2025 accounts were audited by Hazlewoods LLP.