Tormead Limited
Analysis
Tormead Limited is a registered charity in England and Wales, based in Guildford. It was registered in April 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 00485947). It says it provides services.
In the financial year ending August 2025, Tormead Limited reported income of £15.5m and spending of £15.5m, spending 100% of its income. Across the 5 years on record, from August 2021 to August 2025, income grew from £10.6m to £15.5m (+46%), an average of +10% a year. The sharpest change came in the year to August 2023, when income rose by 18%. Over the whole period it spent 95% of the income it received.
Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Tormead Limited sits at the 99th percentile: it is larger than about 99% of them. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Lincoln College Oxford (£15.4m), Ashville College (£15.5m) and Leeds University Union (£15.3m).
In its latest detailed accounts, income came from charitable activities 92% and investments 1.2%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £2.5m would cover about 2 months of spending at that rate. It employed 147 people.
Income and spending
Where the income comes from
- Donations 0.2%
- Charitable activities 92%
- Investments 1.2%
- Other 6.6%
In the charity's own words
An independent school advancing the education of girls from 4 to 18.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lincoln College Oxford | Oxford | £15.4m |
| Ashville College | Harrogate | £15.5m |
| Leeds University Union | Leeds | £15.3m |
| St Edmund Hall in the University of Oxford | Oxford | £15.5m |