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ABBOT'S HILL LIMITED

Registered charity 311053 · accounts filings on the Charity Commission register · also known as ABBOT'S HILL SCHOOL · filing overdue (register status)

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Latest income
£9.9m
Latest spending
£8.5m
Registered
1963
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the school realized an accounting surplus of £1,358,124 for the year ended 31 August 2024. However, the school transferred all its activities, assets, and liabilities to the Mill Hill School Foundation on 8 July 2024, resulting in the school becoming dormant and holding no reserves. Consequently, the financial statements were prepared on a basis other than the going concern basis.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“Following the transfer of activities, assets and liabilities of the school on 8 July 2024 to Mill Hill School Foundation the School held no reserves.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Charitable Company's financial statements are therefore prepared on a basis other than the going concern basis.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 2 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2024)

Total income
£9.9m
Total spending
£8.5m
Cost of raising funds
£60
Reserves (reported)
£100
Employees
183

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/08/2025——
31/08/2024£9.9m£8.5m
31/08/2023£9.9m£9.5m
31/08/2022£9.8m£9.3m
31/08/2021£8.6m£8.5m

Common questions

Is ABBOT'S HILL LIMITED financially healthy?

The accounts state that the school realized an accounting surplus of £1,358,124 for the year ended 31 August 2024. However, the school transferred all its activities, assets, and liabilities to the Mill Hill School Foundation on 8 July 2024, resulting in the school becoming dormant and holding no reserves. Consequently, the financial statements were prepared on a basis other than the going concern basis. Its FY2024 accounts were audited by HaysMac LLP.