Former students and parents race to raise £1MILLION by midnight to try and save prestigious independent school shut down over financial pressures and Labour’s VAT fees raid

Parents at a prestigious independent school are competing to raise £ 1 million to save the Tax Raid of the Labor Party’s tax, and after pushing it to the threshold.

Derbyshire, SPOY’s College in Spinkhill and the Preparatory School Barlborough Hall, the bosses, say they will no longer be financially appropriate due to rising costs.

Dozens of teachers are now facing their work and their children, but parents and old students refuse to give up without a fight and start a donation collection campaign to stop the blinds down.

A Waofundme pageYesterday, the installation has pulled more than £ 360,000 in donations so far.

57 -year -old Helen McLoughlin, an information teacher working at school since 2004, is among those who gathered to save it.

He told The Daily Mail about the sudden news: ‘Only demolition. Actually, I said “grieving.” And my heart actually hurts like a death. You know He was definitely heartbreaking. ‘

Two adult daughter Ellie and Hannah Ms. McLoughin, who attended school, said everyone was carved to help school.

He added: ‘You can’t put the feeling that the school gives you. The staff is amazing. They were not our students; They became our children.

Derbyshire announced the closure by entering the St Mary’s College Mountain in Spinkhill

A Gofundme page established yesterday attracted more than £ 330,000 in donation – one third of the total needed to keep the doors open

A Gofundme page established yesterday has pulled more than £ 360,000 in donations so far

“ I am still in contact with the children I taught in those days. After being qualified and participated in the school, I never fundamentally go.

‘And you know, this is the last few days … I got a lot of messages from the students that year, 2004 and later.’

He continued: ‘This is not just about saving our business. For parents.

“ We are not an elitist school. We are a school chosen by parents for some reason.

‘And they work hard, they give up very much to give this training to their children.’

The campaign’s website, ‘without financial support immediately, the school is closed in September and a risk that can not be opened’ states.

However, we believe that the school has a applicable future – if we can take a very important time.

“The autumn time fee of the school will significantly increase the cash flow and a rescue plan is already in motion.

However, there is an emergency short -term space that cannot be filled by bringing a futures alone. ‘

57 -year -old Helen McLoughlin, an information teacher working at school since 2004, is among those who gathered to save it.

President of the governors Shaun Whyman, said in a statement on the school’s website, after consuming all possible alternatives to save the school ‘deep sorrow and heavy heart’ they decided with the decision, he said.

46 -year -old Keely Whitehead, two young girls studying at school and now tried to find alternatives for them.

He said: ‘Now we are in a position where we are looking at this destructive situation of not having anywhere for children to be educated, and obviously many people are losing their jobs.’

When asked whether the recent changes in VAT mean that independent schools are no longer exempt from paying VAT, HR Manager said: ‘I think there are many things playing a role, I don’t think it helps.

‘Obviously we are going through the cost of living as a whole, and the majority of parents in these two schools are individuals who are very hardworking and sacrificing many other areas of life.

“ So we are not your typical private school type. We’re not ethics.

“ We do not have a lot of money. We don’t have flashy lives. We are literally hardworking people who make sacrifices in many areas of life to send our children there. ‘