THE NEWCASTLE PREPARATORY SCHOOL TRUST LIMITED
Latest income
£3.5m
Latest spending
£3.3m
Registered
1964
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £201,416 for the year ended 31 August 2025, with free reserves increasing to £2,385,142. The trustees consider the financial position to be sound and confirmed that resources are adequate to continue as a going concern for the next twelve months.
What the accounts disclose
Reserves policy: two to three months' salary costs, which would equate to holding approximately £500,000 in free reserves (held: £2.4m)
“The Trustees considered it would be appropriate to hold the equivalent to two to three months' salary costs, which would equate to holding approximately £500,000 in free reserves.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: J Bal (Trustee) has a child attending the school. From the date of appointment, total school fees invoiced to J Bal were done so under the normal commercial terms of the entity.
“J Bal (Trustee) J Bal has a child attending the school. From the date of appointment, total school fees invoiced to J Bal were done so under the normal commercial terms of the entity.”
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/08/2025)
Total income
£3.5m
Total spending
£3.3m
Reserves (reported)
£2.4m
Employees
48
Trustees
- Andrew James Pearson
- Anna Louise Scott
- Claire Louise Winskell
- Dr Rahul Bajekal
- Georgina Helen Lilian Lester
- Jasbir Bal
- Paul Harry Hewitson
- Susan Blair
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £3.5m | £3.3m |
| 31/08/2024 | £3.7m | £3.4m |
| 31/08/2023 | £3.5m | £3.2m |
| 31/08/2022 | £3.0m | £2.9m |
| 31/08/2021 | £2.7m | £2.6m |
Common questions
Is THE NEWCASTLE PREPARATORY SCHOOL TRUST LIMITED financially healthy?
The accounts state that the charity reported a surplus of £201,416 for the year ended 31 August 2025, with free reserves increasing to £2,385,142. The trustees consider the financial position to be sound and confirmed that resources are adequate to continue as a going concern for the next twelve months. Its FY2025 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CBRE UK CHARITABLE TRUST | 1 | £750 |
| JOHN JACKSON CHARITABLE TRUST | 1 | £320 |