Millfield
Analysis
Millfield is a registered charity in England and Wales, based in Somerset. It was registered in November 1963, 63 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable company (Companies House number 00522385). It says it makes grants to individuals and provides services.
In the financial year ending August 2025, Millfield reported income of £70.7m and spending of £64.2m, spending 91% of its income. Across the 5 years on record, from August 2021 to August 2025, income grew from £47.6m to £70.7m (+48%), an average of +10% a year. The sharpest change came in the year to August 2022, when income rose by 22%. Over the whole period it spent 92% of the income it received.
Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Millfield sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Haberdashers' Aske's Charity (£68.0m), Education Development Trust (£73.8m) and Sevenoaks Education Group (£65.6m).
In its latest detailed accounts, income came from charitable activities 91%, trading 5.3% and investments 2.8%. Gifts in wills alone brought in £1,000. Charitable activities took 93% of spending and raising funds 7.3%. Reserves of £9.2m would cover about 2 months of spending at that rate. It employed 1,092 people.
Income and spending
Where the income comes from
- Donations 0.2%
- Legacies 0.0%
- Charitable activities 91%
- Trading 5.3%
- Investments 2.8%
- Other 0.2%
In the charity's own words
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.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Haberdashers' Aske's Charity | London | £68.0m |
| Education Development Trust | Reading | £73.8m |
| Sevenoaks Education Group | Sevenoaks | £65.6m |
| OneSchool Global UK | Warwick | £74.3m |