THE MILL HILL SCHOOL FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the Foundation's financial health remains strong, with total incoming resources of £78,991k and a net income of £1,886k for the year ended 31 August 2025. The trustees report that the unrestricted reserves are heavily invested in fixed assets, resulting in a deficit of free reserves of £18,404k, though the group maintains adequate resources to continue in operational existence.
What the accounts disclose
“£210,001 to £220,000 1”
“In line with other groups of Independent Schools the Foundation has a deficit of free reserves of £18,404k (2024 £21,112k).”
“an annual rental of £50 k (2024: £50k), salary and pension of £215k (2024: £207k), heat and light of £3.6k (2024: £3.6k), repairs and maintenance of £Nilk (2024: £1k), telephone of £Nil (2024: £237) was paid to The Foundation.” — page 49
Leadership, per the charity’s website
- David Benson — Head
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Andrew Millet
- Anthony Edwin Leggett
- Anthony POOLE
- Debashis Dasgupta
- ELLIOT LIPTON MBA
- Eleni Patel
- Mark Skelly
- Mary Moore
- Michael James Bentall
- NEIL JAMES
- Nigel Taylor
- Noyan Nihat
- Paul Dunleavy
- STEPHANIE JONES MILLER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £79.0m | £77.1m |
| 31/08/2024 | £98.4m | £61.8m |
| 31/08/2023 | £53.7m | £52.7m |
| 31/08/2022 | £53.5m | £44.8m |
| 31/08/2021 | £47.9m | £36.5m |
Common questions
Is THE MILL HILL SCHOOL FOUNDATION financially healthy?
The accounts state that the Foundation's financial health remains strong, with total incoming resources of £78,991k and a net income of £1,886k for the year ended 31 August 2025. The trustees report that the unrestricted reserves are heavily invested in fixed assets, resulting in a deficit of free reserves of £18,404k, though the group maintains adequate resources to continue in operational existence. Its FY2025 accounts were audited by HaysMac LLP.
What does the highest-paid employee of THE MILL HILL SCHOOL FOUNDATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £210,001 - £220,000 band.
Who funds THE MILL HILL SCHOOL FOUNDATION?
Funders whose own accounts filings name THE MILL HILL SCHOOL FOUNDATION as a grant recipient include THE MICHAEL BISHOP FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE MICHAEL BISHOP FOUNDATION | FY2023 | £142k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABERDASHERS' ASKE'S CHARITY | 1 | £500k |
| THE CHARLES SKEY CHARITABLE TRUST | 1 | £50k |
| THE THOMAS RAWCLIFFE CHARITABLE TRUST | 1 | £10k |
| THE BORROWS CHARITABLE TRUST | 1 | £5k |