HARROGATE LADIES' COLLEGE LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £1.8m for the year, resulting in a decrease in total funds from £5.8m to £4.0m. The trustees attribute this planned loss to absorbing VAT costs for existing families and note that unrestricted reserves remain at £3.7m, which is sufficient to cover 14.6 weeks of essential expenditure against a policy target of 13 weeks.
What the accounts disclose
“The School aims to have a target for free unrestricted reserves of 13 weeks essential expenditure. Free reserves are currently the equivalent of 14.6 weeks expenditure.” — page 13
“At the year-end the School was owed £45,809 (2024: £66,834) from HLC (Properties) Limited. HLC (Properties) Limited made an annual charitable donation of £130,000 during the year to 31 August 2025 (2024: £130,000). During the year, expenditure of £77,431 (2024: £39,520) was recharged from Harrogate Ladies' College to HLC (Properties) Limited.” — page 36
“Certain Trustees send their children to the School but are charged fees on an arm’s length basis and receive no discount or concessions by virtue of their Trusteeship.” — page 36
“At the year-end the School was owed £45,809 (2024: £66,834) from HLC (Properties) Limited. HLC (Properties) Limited made an annual charitable donation of £130,000 during the year to 31 August 2025 (2024: £130,000). During the year, expenditure of £77,431 (2024: £39,520) was recharged from Harrogate Ladies' College to HLC (Properties) Limited.” — page 36
“Certain Trustees send their children to the School but are charged fees on an arm’s length basis and receive no discount or concessions by virtue of their Trusteeship.” — page 36
“Harrogate Ladies’ College Limited has a wholly owned non-charitable trading subsidiary, HLC (Properties) Limited, which lets the facilities of the School for use by the public and various organisations for event, educational and leisure purposes.” — page 12
Corporate structure
- Registered company of the charity Companies House 00197987
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Dame Francine Holroydchair
- Ann Louise Chesworth
- David Richard Payne Mr
- GILES RICHARD BOWRING
- John Marshall Edward Skinner
- Lynne Renwick
- Michael Abraham
- Rev Christopher Matthew Balding
- Susan Brooke Jackson
- Susan Papworth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £8.3m | £10.1m |
| 31/08/2024 | £10.0m | £10.4m |
| 31/08/2023 | £9.8m | £9.9m |
| 31/08/2022 | £9.1m | £9.2m |
| 31/08/2021 | £7.6m | £8.5m |
Common questions
Is HARROGATE LADIES' COLLEGE LIMITED financially healthy?
The accounts state that the charity reported a net loss of £1.8m for the year, resulting in a decrease in total funds from £5.8m to £4.0m. The trustees attribute this planned loss to absorbing VAT costs for existing families and note that unrestricted reserves remain at £3.7m, which is sufficient to cover 14.6 weeks of essential expenditure against a policy target of 13 weeks. Its FY2025 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MOUNT SCHOOL YORK FOUNDATION | 1 | £89k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £55k |