C P S PRESTON LTD
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £61,298 for the year ended 31 August 2023, resulting in unrestricted reserves falling to a deficit of £338,939. Per the trustees' report, the school relies on a £200,000 bank overdraft facility to operate, which the auditors identify as creating a material uncertainty regarding the entity's ability to continue as a going concern.
What the accounts disclose
Leadership, per the charity’s website
- Charles Long — Headmaster
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Dr Rajnish Luthra
- Gurpreet Kaur Golhar
- Vijay Golhar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.2m | £1.3m |
| 31/08/2024 | £1.1m | £1.3m |
| 31/08/2023 | £1.1m | £1.2m |
| 31/08/2022 | £1.0m | £1.1m |
| 31/08/2021 | £962k | £1.1m |
Common questions
Is C P S PRESTON LTD financially healthy?
The accounts state that the charity reported a net deficit of £61,298 for the year ended 31 August 2023, resulting in unrestricted reserves falling to a deficit of £338,939. Per the trustees' report, the school relies on a £200,000 bank overdraft facility to operate, which the auditors identify as creating a material uncertainty regarding the entity's ability to continue as a going concern. Its FY2023 accounts were audited by Ainsworths Limited.