FHS TRUST LIMITED

Registered charity 525489 · accounts filings on the Charity Commission register · also known as FFYNONE HOUSE SCHOOL OAKLEIGH HOUSE SCHOOL, FFYNONE HOUSE SCHOOL TRUST LTD · listed website unreachable when last crawled

Latest income
£1.9m
Latest spending
£1.9m
Registered
1973
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £120,536 for the year, resulting in unrestricted funds being in deficit by £818,021. Although total funds remain in surplus due to property revaluation reserves, the charity relied on a post-year-end receipt of £210,000 to clear its overdraft and maintain going concern status.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£76k)
The number of employees whose employee benefits (excluding employer pension costs) for the reporting period exceeded £60,000 was: 2025 £60,000 to £69,999 1 — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
The number of employees whose employee benefits (excluding employer pension costs) for the reporting period exceeded £60,000 was: 2025 £60,000 to £69,999 1 — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
Following the change in the business activity in 2012, the trustees agreed to use the reserves generated to fund future school activities. Due to deficits between 2013 – 2024 and the deficit in the current year this has meant the unrestricted funds are in deficit by £818,021 (2024: £722,485). — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
The trustees have identified material uncertainties related to events or conditions that may cast significant doubt about the charitable company's ability to continue as a going concern. However, after reviewing the charitable company’s forecasts, expected income and expenditure, available reserves, and the continued support of the charitable company’s bank, the trustees consider that it remains appropriate to prepare the financial statements on a going concern basis. — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee paid fees for children
One of the trustees, Mr P Patel, paid fees of £17,429 (2024: £22,000) to the chartiable company in respect of his children who attended the school. The fees paid by the trustee are on the same basis as those paid by other parents. At 26 August 2026 no fees owed were owed to the charitable company by the trustee. — page 30
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by John F Harvey Chartered Accountants.

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

Total income
£1.9m
Total spending
£1.9m
Reserves (reported)
£621k
Employees
45

Reported reserves equal ~3.9 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: Carmarthenshire · City Of Swansea · Neath Port Talbot · Vale Of Glamorgan

Income and spending

Financial year endIncomeSpending
31/08/2025£1.9m£1.9m
31/08/2024£1.9m£2.0m
31/08/2023£1.7m£2.0m
31/08/2022£1.9m£1.9m
31/08/2021£1.7m£1.7m

Common questions

Is FHS TRUST LIMITED financially healthy?

The accounts state that the charity reported a net expenditure of £120,536 for the year, resulting in unrestricted funds being in deficit by £818,021. Although total funds remain in surplus due to property revaluation reserves, the charity relied on a post-year-end receipt of £210,000 to clear its overdraft and maintain going concern status. Its FY2025 accounts were audited by John F Harvey Chartered Accountants.

What does the highest-paid employee of FHS TRUST LIMITED earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.

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