PREP SCHOOLS TRUST

Registered charity 309639 · accounts filings on the Charity Commission register · also known as ASHDOWN HOUSE, CHANDLINGS, COTHILL EDUCATIONAL TRUST, COTHILL HOUSE SCHOOL LIMITED, COTHILL TRUST, KITEBROOK HOUSE

Education

Causes: Education/training · website · Get email alerts

Financial health, per its FY2022 accounts

The accounts state that the Trust produced a surplus of £1,322k for the year ended 31 August 2022, with payroll costs representing 67% of income. The Trustees report that the Trust has no free reserves and plans to borrow to invest in development, funding interest and loan repayments from current income.

Automated summary of the FY2022 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Wenn Townsend. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Reported reserves equal ~0.4 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Register events

• Received assets from another charity (23/05/2018) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees

• Emma Elizabeth Ann McKendrickchair · trustee of 3 other charities
• Andrew Ashton
• Countess Peta Martine Darnley

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

Operates in: Dorset · East Sussex · Gloucestershire · Northumberland · Oxfordshire · Warwickshire

Income and spending

Common questions