Haberdashers' Elstree Schools Foundation
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £1,139,441 for the year ended 31 August 2024, with total income rising to £1,766,804. Unrestricted reserves stood at £2,014,451, and the trustees confirmed adequate resources to continue activities for at least 12 months. The charity does not have a stated target level for reserves.
What the accounts disclose
“During the financial year costs of £221,189 (2023: £173,415) were incurred by the Schools, a branch of a connected charity, to support the work of the Foundation. This consisted of salary costs, catering and other various costs. The Foundation has recognised this as a gift in kind in its financial statements.” — page 22
“Funding for bursary awards totalling £250,000 (2023: £250,000) and an additional donation of £52,448 (2023: £19,196) specifically for hardship, £8,728 (2023: £12,000) for enhanced student opportunities, £750 for the student travel fund (2023: £1,267), £2,185 for prizes (2023: £950), and £36,720 (2023: £200,000) for Outdoor Education and £35,000 for 1‐2‐1 devices were made from the Foundation to the Schools during the year.” — page 22
“During the financial year costs of £221,189 (2023: £173,415) were incurred by the Schools, a branch of a connected charity, to support the work of the Foundation. This consisted of salary costs, catering and other various costs. The Foundation has recognised this as a gift in kind in its financial statements.” — page 22
“Funding for bursary awards totalling £250,000 (2023: £250,000) and an additional donation of £52,448 (2023: £19,196) specifically for hardship, £8,728 (2023: £12,000) for enhanced student opportunities, £750 for the student travel fund (2023: £1,267), £2,185 for prizes (2023: £950), and £36,720 (2023: £200,000) for Outdoor Education and £35,000 for 1‐2‐1 devices were made from the Foundation to the Schools during the year.” — page 22
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Jane Victoria Cockerell
- Jonathan David Myers
- Julian Gregory
- Oliver Buhus
- Rishi Ramesh Sachdev
- William Friar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.2m | £725k |
| 31/08/2024 | £1.8m | £627k |
| 31/08/2023 | £925k | £687k |
| 31/08/2022 | £1.4m | £647k |
| 31/08/2021 | £1.0m | £430k |
Common questions
Is Haberdashers' Elstree Schools Foundation financially healthy?
The accounts state that the charity reported a net surplus of £1,139,441 for the year ended 31 August 2024, with total income rising to £1,766,804. Unrestricted reserves stood at £2,014,451, and the trustees confirmed adequate resources to continue activities for at least 12 months. The charity does not have a stated target level for reserves. Its FY2024 accounts were audited by Saffery LLP.
Who funds Haberdashers' Elstree Schools Foundation?
Funders whose own accounts filings name Haberdashers' Elstree Schools Foundation as a grant recipient include HABERDASHERS' ASKE'S CHARITY.
Known funders
| Funder | Year | Amount |
|---|---|---|
| HABERDASHERS' ASKE'S CHARITY | FY2022 | £500k |