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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

The School's aim as an educational charity for children is to benefit the public by providing first class education, independent of the State system. A day school, with boarding facilities, which aims for the highest quality of academic tuition and the development of sporting, artistic and social skills. The School also makes available its facilities to members of the local community.

Causes: Education/training · website · Get email alerts

Latest income
£3.4m
Latest spending
£3.6m
Registered
1963
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £215,795 for the period, driven by a decrease in pupil enrolment following the introduction of VAT on school fees and the loss of business rate relief. Despite the deficit, the charity held unrestricted reserves of £955,226, which exceeded its stated policy target of maintaining a minimum of £250,000 in cash reserves. The charity has since merged with Shrewsbury School and is in the process of being dissolved.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: minimum of £250k (held: £955k)
“The Governors have historically established a policy to keep available cash reserves at a minimum of £250k.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.

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

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

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).

Per its annual return, largest income source: Other trading activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £215,795 for the period, driven by a decrease in pupil enrolment following the introduction of VAT on school fees and the loss of business rate relief. Despite the deficit, the charity held unrestricted reserves of £955,226, which exceeded its stated policy target of maintaining a minimum of £250,000 in cash reserves. The charity has since merged with Shrewsbury School and is in the process of being dissolved. Its FY2025 accounts were audited by Banks Sheridan.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE REECE FOUNDATION1£90k
FRIENDS OF SHEKEL HAKODESH LIMITED1£33k
MYISRAEL1£20k
THE SIMON GIBSON CHARITABLE TRUST1£15k
THE BURBERRY FOUNDATION1£11k
THE ROTHLEY TRUST1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NEWLAND HOUSE SCHOOL TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TERRA NOVA SCHOOL TRUST LIMITED£3.4m——above—no doubt
NEWLAND HOUSE SCHOOL TRUST LIMITED FY2025£6.7m——unclear—no doubt
NEW HALL SCHOOL TRUST FY2025£31.3m£350,001 - £360,000—below—no doubt
THE SUNRISE EDUCATION TRUST FY2025£466k—0unclear—no doubt
CASTLE HOUSE SCHOOL TRUST LIMITED FY2025£1.4m——unclear—no doubt
THE NORTHUMBRIAN EDUCATIONAL TRUST LTD FY2025£2.9m——below—not going concern

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.