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HOMEFIELD COLLEGE LIMITED

Registered charity 1114995 · accounts filings on the Charity Commission register

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Latest income
£6.8m
Latest spending
£6.4m
Registered
2006
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £277,967 for the year ended 31 July 2024, with total incoming resources of £6,286,603 against total expenditure of £6,008,636. Per the trustees' report, free reserves totalled £1,887,858, which represented 31% of actual expenditure, exceeding the stated policy target of 15%-20%. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: 15%-20% of budgeted expenditure (held: £1.9m)
“it has been agreed that the College adopts a reserves policy that free reserves (as defined below) should represent 15%-20% of budgeted expenditure.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Accreditation fees paid to The National Autistic Society, where trustee Mrs C Stevens is Chief Executive.
“The college has accreditation with The National Autistic Society, of which Mrs C Stevens (trustee) is Chief Executive. During the year, accreditation fees of £2,471 (2023: £2,471) were paid to The National Autistic Society.” — page 25
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by The Rowleys Partnership Ltd. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£6.8m
Total spending
£6.4m
Reserves (reported)
£4.2m
Employees
148

Reported reserves equal ~7.8 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/07/2025£6.8m£6.4m
31/07/2024£6.3m£6.0m
31/07/2023£5.9m£5.6m
31/07/2022£5.6m£5.2m
31/07/2021£4.9m£4.5m

Common questions

Is HOMEFIELD COLLEGE LIMITED financially healthy?

The accounts state that the charity reported a net surplus of £277,967 for the year ended 31 July 2024, with total incoming resources of £6,286,603 against total expenditure of £6,008,636. Per the trustees' report, free reserves totalled £1,887,858, which represented 31% of actual expenditure, exceeding the stated policy target of 15%-20%. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2024 accounts were audited by The Rowleys Partnership Ltd.