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TERRA NOVA SCHOOL TRUST LIMITED

Registered charity 525919 · accounts filings on the Charity Commission register · also known as TERRA NOVA SCHOOL

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Latest income
£3.4m
Latest spending
£3.6m
Registered
1963
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a net income of £4,078 for the year ended 31 August 2024, a significant improvement from the previous year's deficit. The trustees confirm that unrestricted funds are sufficient to meet working capital requirements and that there are no material uncertainties regarding the company's ability to continue as a going concern.

What the accounts disclose

Reserves policy: at least £250k (held: £1.2m)
“The Governors currently have a policy to maintain available cash reserves at a level of at least £250k.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Banks Sheridan. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£3.4m
Total spending
£3.6m
Reserves (reported)
£955k
Employees
75

Reported reserves equal ~3.2 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: Cheshire East

Income and spending

Financial year endIncomeSpending
31/07/2025£3.4m£3.6m
31/08/2024£3.9m£3.9m
31/08/2023£3.4m£3.9m
31/08/2022£3.9m£4.6m
31/08/2021£3.5m£3.6m

Common questions

Is TERRA NOVA SCHOOL TRUST LIMITED financially healthy?

The accounts state that the charity achieved a net income of £4,078 for the year ended 31 August 2024, a significant improvement from the previous year's deficit. The trustees confirm that unrestricted funds are sufficient to meet working capital requirements and that there are no material uncertainties regarding the company's ability to continue as a going concern. Its FY2024 accounts were audited by Banks Sheridan.