Town Close Educational Trust Ltd
Analysis
Town Close Educational Trust Ltd is a registered charity in England and Wales, based in Norwich. It was registered in July 1969, 57 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable company (Companies House number 00940118). It says it provides human resources and provides buildings/facilities/open space.
In the financial year ending July 2025, Town Close Educational Trust Ltd reported income of £6.2m and spending of £6.9m, spending 111% of what it took in. Across the 5 years on record, from July 2021 to July 2025, income grew from £5.7m to £6.2m (+10%), an average of +2.4% a year. Over the whole period it spent 101% of the income it received.
Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Town Close Educational Trust Ltd sits at the 97th percentile: it is larger than about 97% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include The Study (Wimbledon) Limited (£6.2m), Our Lady's Abingdon Trustees Limited (£6.2m) and Gateway Qualifications Limited (£6.2m).
In its latest detailed accounts, income came from charitable activities 96%. Charitable activities took 98% of spending and raising funds 0.0%. Reserves of £7.8m would cover about 13 months of spending at that rate. It employed 125 people.
Income and spending
Where the income comes from
- Charitable activities 96%
- Other 3.9%
In the charity's own words
The education of children
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Study (Wimbledon) Limited | London | £6.2m |
| Our Lady's Abingdon Trustees Limited | St Albans | £6.2m |
| Gateway Qualifications Limited | Colchester | £6.2m |
| St Aubyn's (Woodford Green) School Trust | Woodford Green | £6.3m |