PRESTFELDE SCHOOL LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £178,069 for the year ended 31 August 2025, driven by rising costs and fee income pressures. Per the trustees' report, the entity has ceased trading and is transferring its assets to Shrewsbury School, with the financial statements prepared on a basis other than going concern.
What the accounts disclose
“Prestfelde School’s policy is to retain sufficient unrestricted income reserves to enable the company to continue to meet its short-term financial obligations in the event of an unexpected revenue shortfall.” — page 15
“Prestfelde School Limited has prepared the financial statements on a basis other than going concern.” — page 16
“The school has a wholly owned non-charitable subsidiary, Prestfelde School Enterprises Limited, the activities and trading of which are described below.” — page 6
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- David Tyack
- John Sharman
- Mr Leo Winkley
- Nicola E Cooper
- Philip Anthony Wood FCA
- Rex Philip Sartain
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £5.3m | £5.5m |
| 31/08/2024 | £5.3m | £5.2m |
| 31/08/2023 | £5.2m | £5.0m |
| 31/08/2022 | £5.1m | £4.8m |
| 31/08/2021 | £4.4m | £4.1m |
Common questions
Is PRESTFELDE SCHOOL LIMITED financially healthy?
The accounts state that the charity reported an operating deficit of £178,069 for the year ended 31 August 2025, driven by rising costs and fee income pressures. Per the trustees' report, the entity has ceased trading and is transferring its assets to Shrewsbury School, with the financial statements prepared on a basis other than going concern. Its FY2025 accounts were audited by Moore Kingston Smith LLP.