Causes
 X
Resources
 X
User Services
 X
home >> charity search >> millfield
Finance Score: 0
Governance Score: 2
Support Score: 3
  • Pension deficit: -1
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: 5 ?

MILLFIELD 

The education of children and young people within Millfield School and Millfield Prep School (including Pre-Prep); the development of associated extra-curricular activites; the operation of educational and recreational courses.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants and contracts
  • Fundraising costs are low relative to funds raised
  • The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

  • There are 16 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • There is a pension deficit of £1,066,000
  • On several occasions in recent years income has been less than spending
miles

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/08/22£57,879£54,221£3,658£3,373£50,414£49,6841161710
31/08/21*£47,586£47,039£547£2,020£42,283£41,41510.663214
31/08/20£43,869£49,754£-5,885£1,795£40,279£39,5039.566742
31/08/19*£53,743£54,553£-810£5,559£44,339£42,8269.472626
31/08/18£52,402£52,208£194£5,737£49,389£47,9811173519
31/08/17£51,554£50,941£613£5,201£47,680£46,31110.97290
31/08/16£49,278£47,434£1,844£4,540£45,826£44,86111.37080
31/08/15£48,477£45,805£2,672£4,574£49,898£6950.26980
31/08/14£46,723£44,421£2,302£4,191£47,316£46,89912.76840
31/08/13£45,900£44,398£1,502£4,303£46,014£45,75312.46840
31/08/12£43,439£41,227£2,212£3,663£45,676£45,66013.36490
31/08/11£41,414£39,937£1,477£3,561£44,053£44,05313.26330
31/08/10£39,940£38,372£1,568£3,507£42,201£41,39712.96280
31/08/09£38,156£37,799£357£3,330£39,775£38,96612.46270
31/08/08£38,297£37,917£380£3,153£42,349£41,61513.26250
31/08/07£35,981£35,469£512£2,795£43,048£42,96714.56100
31/08/06£34,887£34,402£485£0£0£0n/a00
31/08/05£31,888£31,135£753£0£0£0n/a00
31/08/04£33,714£30,748£2,966£0£0£0n/a00
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 6.2%
Fundraising Costs/Total Spending: 6.2%
Senior Staff Costs/Total Spending: 13%
Highest pay band: £250,000-£300,000
Liabilities/Assets: 35%
Liabilities/Income: 47%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 11 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.1
Asset Split ?
Established: 61 years
(70 years as a company)

www.millfieldschool.com

shaw.m@millfieldschool.com

01458444596

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Secondary schools
How it operates
  • Makes Grants to Individuals
  • Provides services
Where it operates
  • Somerset,
Who it helps
  • Children/Young People
Who works here?
  • 617 employees
  • 10 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (16)
Current Trustees appointed
Gender Split
Based on 14/16 persons

Age Range of Trustees: 45-76
Legal constitution
  • Charitable company registered in England & Wales on 05/11/1963, number: 310283
  • Registered at Companies House on 04/08/1953, number: 00522385
Gift Aid
  • Registered with HMRC for Gift Aid
Other Regulators
  • Ofsted (Office For Standards In Education)
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
19 returns made; AR21: 11 days late, AR19: 1 days late,
Main office

MILLFIELD
STREET
SOMERSET
BA16 0YD

Objectives

THE OBJECTS FOR WHICH THE CHARITY IS ESTABLISHED (THE OBJECTS) ARE TO ESTABLISH AND MAINTAIN AT MILLFIELD IN THE COUNTY OF SOMERSET A SCHOOL OR SCHOOLS FOR THE EDUCATION OF BOYS AND GIRLSAND YOUNG MEN AND YOUNG WOMEN AND TO GIVE TO SUCH PUPILS GENERAL OR SPECIALISED INSTRUCTION OF THE HIGHEST CLASS BUT SO THAT EACH SUCH SCHOOL SHALL BE CARRIED ON AS AN EDUCATIONAL CHARITY AND AS AN INDEPENDENT OBJECT TO ESTABLISH OR ACQUIRE AS A GOING CONCERN, AND CARRY ON, SUPPORT OR MANAGE ELSEWHERE, ANY SUBSIDIARY OR AFFILIATED SCHOOLS.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

Tips for Selecting Charities

Which areas of philanthropy are most effective?
 The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
 Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
 In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more
Giving is Great
Share

LinkedIn

WhatsApp
Copy Link
×