CROSFIELDS SCHOOL
The objects of the Charity are to carry on the School, and any other schools, for the education of children and to advance education in such ways and in such manner as shall from time to time be thought fit.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £742,236 for the year ended 31 August 2025, resulting in unrestricted general funds of £8,150,713. Per the trustees' report, the school maintains sufficient cash balances and reserves to meet its financial commitments and bank loan covenants, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“Board policy is to always maintain reserves, and accordingly balance sheet assets, to a level sufficient to meet the requirements of any external loan covenant requirements.”
“a liability of £73,623 (2024: 32,135) has been recognised in relation to this.”
“The school has a wholly owned trading subsidiary, Crosfields Enterprises Ltd” — page 18
In the news
- Crosfields School to open new Sixth Form in Reading in 2027
- Crosfields School to open new Sixth Form in September 2027
- Crosfields school reaches out to St Joseph's families following possible closure
- Meet the Head of Juniors at Crosfields School: A Journey of Leadership and Community
- Crosfields School Introduces New Tool to Help Pupils Regulate Emotions
- Crosfields School (Reading) weather
- Crosfields School’s first ever GCSE results
- Pictures with Santa help RotaKids at Crosfields School raise £1,000 in 30 minutes
Leadership, per the charity’s website
- Mrs Caroline Townshend — Head
- Mr Daniel Stent — Senior Deputy Head
- Mrs Emma Robson — Head of Juniors
- Mrs Janey McDowell — Head of Pre-Prep
- Mrs Chan Odedra — Director of Compliance & Operations
- Mr Gareth Edwards — Deputy Head Co-Curricular & Operations
- Mr James Bown — Deputy Head - Academic (Seniors)
- Mrs Siobhan McClure — Director of Digital Strategy
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Sarah Louise Stocks-Wilsonchair
- COLIN JOHN HAYFIELD
- Deborah Battersby
- Elona Mortimer-Zhika
- Inderjit Singh Uppal
- Joe Sefton Jenkins
- Mark Turner
- Mark Wardrop
- Nicholas Anthony Shryane
- Richard Plumpton
- Sarah Zoe Brass
- Shashi Sachdeva
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £13.8m | £13.0m |
| 31/08/2024 | £13.2m | £13.2m |
| 31/08/2023 | £11.2m | £12.2m |
| 31/08/2022 | £9.5m | £9.7m |
| 31/08/2021 | £8.4m | £7.6m |
Common questions
Is CROSFIELDS SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £742,236 for the year ended 31 August 2025, resulting in unrestricted general funds of £8,150,713. Per the trustees' report, the school maintains sufficient cash balances and reserves to meet its financial commitments and bank loan covenants, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REECE FOUNDATION | 1 | £90k |
| THE SAVOY EDUCATIONAL TRUST | 1 | £66k |
| BAKER FAMILY CHARITABLE TRUST | 1 | £65k |
| THE ROTHES CHARITABLE TRUST | 1 | £25k |
| SIR HAROLD HOOD'S CHARITABLE TRUST | 1 | £21k |
| THE FARRINGDON HOUSE SCHOOL CHARITABLE TRUST | 1 | £16k |
| THE ROTHLEY TRUST | 1 | £5k |
| THE GRAND LODGE OF MARK MASTER MASONS' FUND OF BENEVOLENCE | 1 | £4k |
Charities like this
- Friends of Croftlands Junior, Infant and Nursery School
- MAYFIELD SCHOOL LTD
- ST MARY'S COLLEGE CROSBY TRUST LIMITED
- THE NORTHUMBRIAN EDUCATIONAL TRUST LTD
- THE WELLS CATHEDRAL SCHOOL FOUNDATION
- HALLFIELD SCHOOL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CROSFIELDS SCHOOL | £13.8m | — | — | above | — | no doubt |
| Friends of Croftlands Junior, Infant and Nursery School | £111k | — | 0 | above | — | no doubt |
| MAYFIELD SCHOOL LTD | £15.4m | £120,001 - £130,000 | — | unclear | — | no doubt |
| ST MARY'S COLLEGE CROSBY TRUST LIMITED | £11.5m | — | — | unclear | — | no doubt |
| THE NORTHUMBRIAN EDUCATIONAL TRUST LTD | £2.9m | — | — | below | — | not going concern |
| THE WELLS CATHEDRAL SCHOOL FOUNDATION | £240k | — | 0 | unclear | — | no doubt |