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LEICESTERSHIRE INDEPENDENT EDUCATIONAL TRUST

Registered charity 514407 · accounts filings on the Charity Commission register · also known as DIXIE GRAMMAR SCHOOL

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Latest income
£7.2m
Latest spending
£6.8m
Registered
1983
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a total surplus of £394,993 for the year ended 31 August 2025, resulting in total funds of £3,260,648. Per the trustees' report, the school's free reserves (unrestricted funds less tangible fixed assets and loans) total £52,051, with the majority of unrestricted funds invested in tangible fixed assets used for charitable activities.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The school’s free reserves (unrestricted funds, less tangible fixed assets offset by bank loans and the interfund loan) total £52,051. The school’s financial viability does not depend on income reserves but in its ability to continue to operate a surplus on an annual basis”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Cooper Parry Group Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£7.2m
Total spending
£6.8m
Cost of raising funds
£56k
Reserves (reported)
£2.5m
Employees
109

Reported reserves equal ~4.4 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Leicestershire · Warwickshire

Income and spending

Financial year endIncomeSpending
31/08/2025£7.2m£6.8m
31/08/2024£6.6m£6.1m
31/08/2023£6.0m£5.9m
31/08/2022£5.5m£5.8m
31/08/2021£5.2m£5.2m

Common questions

Is LEICESTERSHIRE INDEPENDENT EDUCATIONAL TRUST financially healthy?

The accounts state that the charity reported a total surplus of £394,993 for the year ended 31 August 2025, resulting in total funds of £3,260,648. Per the trustees' report, the school's free reserves (unrestricted funds less tangible fixed assets and loans) total £52,051, with the majority of unrestricted funds invested in tangible fixed assets used for charitable activities. Its FY2025 accounts were audited by Cooper Parry Group Limited.