LEICESTERSHIRE INDEPENDENT EDUCATIONAL TRUST
To provide education for children of both sexes between the ages of 3 and 18
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
“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”
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Leadership, per the charity’s website
- Mr Richard Lynn — Headmaster
- Mr Michael Frost — Bursar, Clerk to the Governors
Funders the charity credits
- Heathcote Foundation
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- JO FENTON PARKESchair
- David Michael Jinks
- Jonathan Adam Marsh
- Leigh Harrison
- Lisa Pittwood
- Mark Ashfield
- Neil Brian Roberts
- Professor Musa Mihsein
- Sarah Louise Kennedy
- Steven Daniel Boyes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2025 accounts were audited by Cooper Parry Group Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIR JAMES RECKITT CHARITY | 1 | £80k |
| THE GEORGE CADBURY TRUST (EDWARD CADBURY SECTION) | 1 | £48k |
| JOHN JACKSON CHARITABLE TRUST | 1 | £320 |
Charities like this
- LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED
- LEICESTER GRAMMAR SCHOOL TRUST
- NORTHAMPTONSHIRE INDEPENDENT GRAMMAR SCHOOL CHARITY TRUST LIMITED
- THE CAVENDISH SCHOOL CHARITABLE TRUST LIMITED
- LEICESTER CITY FOOTBALL CLUB TRUST LIMITED
- LEICESTER ISLAMIC ACADEMY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LEICESTERSHIRE INDEPENDENT EDUCATIONAL TRUST | £7.2m | — | — | below | — | no doubt |
| LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED | £4.0m | £100,001 - £110,000 | — | below | — | no doubt |
| LEICESTER GRAMMAR SCHOOL TRUST | £235.7m | £190,001 - £200,000 | — | unclear | — | no doubt |
| NORTHAMPTONSHIRE INDEPENDENT GRAMMAR SCHOOL CHARITY TRUST LIMITED | £4.3m | — | — | above | — | material uncertainty |
| THE CAVENDISH SCHOOL CHARITABLE TRUST LIMITED | £4.0m | — | — | unclear | — | no doubt |
| LEICESTER CITY FOOTBALL CLUB TRUST LIMITED | £2.0m | more than £80,001 | 1 | unclear | — | no doubt |