HEATHFIELD SCHOOL
The Charity runs a boarding and day school providing education in Ascot to girls from the ages of 11 to 18, and also runs a Summer School and camp for local and overseas students.
Financial health, per its FY2025 accounts
The accounts state that the charity prepared its financial statements on a basis other than going concern because all assets and liabilities transferred to the Mill Hill School Foundation on 1 September 2025 following a merger. The charity reports a net asset position of £12,507,256, though the Governors note that free reserves show a deficit of £1,907,530 against their target due to long-term investment in property.
What the accounts disclose
“The school's free reserves at the year-end show a deficit of £1,907,530 and are therefore below the target level.” — page 10
“The Governors therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.”
“The Mill Hill School Foundation (MHSF) became a related party in February 2025, upon signing of the merger deed. There were no transactions between Heathfield School and MHSF during the year.” — page 5
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (13/07/2022)
- Received assets from another charity (07/06/2021)
Trustees
- Alexander Popplewell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2026 | £0 | £0 |
| 31/08/2025 | £9.0m | £8.7m |
| 31/08/2024 | £8.8m | £9.0m |
| 31/08/2023 | £9.0m | £9.4m |
| 31/08/2022 | £8.8m | £7.8m |
Common questions
Is HEATHFIELD SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that the charity prepared its financial statements on a basis other than going concern because all assets and liabilities transferred to the Mill Hill School Foundation on 1 September 2025 following a merger. The charity reports a net asset position of £12,507,256, though the Governors note that free reserves show a deficit of £1,907,530 against their target due to long-term investment in property. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Who funds HEATHFIELD SCHOOL?
Funders whose own accounts filings name HEATHFIELD SCHOOL as a grant recipient include THE MASTER CHARITABLE TRUST, THE CADOGAN CHARITY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MASTER CHARITABLE TRUST | FY2024 | £1.5m | The prevention or relief of poverty |
| THE CADOGAN CHARITY | FY2025 | £100k | educational |
| THE CADOGAN CHARITY | FY2024 | £100k | educational |
| THE CADOGAN CHARITY | FY2022 | £100k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ST MARY'S SCHOOL ASCOT CHARITABLE FUND | 1 | £252k |
| THE SAVOY EDUCATIONAL TRUST | 1 | £66k |
| THE ROTHES CHARITABLE TRUST | 1 | £25k |
| THE FARRINGDON HOUSE SCHOOL CHARITABLE TRUST | 1 | £16k |
| THE GRAND LODGE OF MARK MASTER MASONS' FUND OF BENEVOLENCE | 1 | £4k |
Charities like this
- ST GEORGE'S SCHOOL ASCOT TRUST LIMITED
- ST MARY'S SCHOOL ASCOT
- SOLEFIELD SCHOOL EDUCATIONAL TRUST LIMITED
- TALBOT HEATH SCHOOL TRUST LIMITED
- MAYFIELD SCHOOL LTD
- HALLFIELD SCHOOL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HEATHFIELD SCHOOL | £0 | — | — | below | — | noted |
| ST GEORGE'S SCHOOL ASCOT TRUST LIMITED | £7.7m | £140,001 - £150,000 | 1 | unclear | — | not going concern |
| ST MARY'S SCHOOL ASCOT | £22.1m | — | — | unclear | — | no doubt |
| SOLEFIELD SCHOOL EDUCATIONAL TRUST LIMITED | £2.0m | £90,001 - £100,000 | — | unclear | — | not going concern |
| TALBOT HEATH SCHOOL TRUST LIMITED | £8.1m | £100,001 - £110,000 | — | below | — | no doubt |
| MAYFIELD SCHOOL LTD | £15.4m | £120,001 - £130,000 | — | unclear | — | no doubt |