ALDERLEY EDGE SCHOOL FOR GIRLS
An Independent day School for Pupils aged 2 to 18 years
Financial health, per its FY2024 accounts
The accounts state that the financial statements have been prepared on a break-up basis rather than a going concern basis, following the Governors' decision to close the school at the end of the 2025/26 academic year. The charity holds unrestricted funds of £6,012,022 and free reserves of £159,306, with a secured bridging loan facility of up to £2.5 million secured to support the orderly wind-down and closure strategy.
What the accounts disclose
“The previous reserves target of £250,000 is no longer an appropriate benchmark following the post balance sheet decision to pursue an orderly closure strategy.” — page 9
“As the Governors, subsequent to 31 August 2024, but prior to the signing of these financial statements, no longer consider that the School will continue to trade as a going concern, these financial statements have not been prepared on a going concern basis. Instead, they have been prepared on a break-up basis.” — page 10
“Woodard Schools also nominate a governor to the Board — this was Mr C Wright.” — page 42
“The School has a wholly owned non-charitable trading company subsidiary, A.E.S.G. Developments Limited.” — page 5
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → not a going concern (FY2024).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2024)
Trustees
- Caroline Lowe
- Dr Stephen Burley
- Jo Rostron
- MRS SHIRLEY HERRING
- Rita Price
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | — | — |
| 31/08/2024 | £6.3m | £6.2m |
| 31/08/2023 | £5.8m | £5.6m |
| 31/08/2022 | £5.4m | £5.8m |
| 31/08/2021 | £5.0m | £5.2m |
Common questions
Is ALDERLEY EDGE SCHOOL FOR GIRLS financially healthy?
Per its FY2024 accounts: The accounts state that the financial statements have been prepared on a break-up basis rather than a going concern basis, following the Governors' decision to close the school at the end of the 2025/26 academic year. The charity holds unrestricted funds of £6,012,022 and free reserves of £159,306, with a secured bridging loan facility of up to £2.5 million secured to support the orderly wind-down and closure strategy. Its FY2024 accounts were audited by Crowe U.K. LLP.
Who funds ALDERLEY EDGE SCHOOL FOR GIRLS?
Funders whose own accounts filings name ALDERLEY EDGE SCHOOL FOR GIRLS as a grant recipient include THE HOBSON CHARITY LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE HOBSON CHARITY LIMITED | FY2022 | £5k | Poverty |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHREWSBURY SCHOOL FOUNDATION | 1 | £2.2m |
Charities like this
- ALDERLEY EDGE PRE-SCHOOL
- SHREWSBURY SCHOOL
- ST EDMUND'S SCHOOL TRUST LIMITED
- QUEEN'S GATE SCHOOL TRUST LIMITED
- CHANNING HOUSE INCORPORATED, HIGHGATE
- ROEDEAN SCHOOL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ALDERLEY EDGE SCHOOL FOR GIRLS | £6.3m | — | — | unclear | — | not going concern |
| ALDERLEY EDGE PRE-SCHOOL | £206k | — | 0 | unclear | — | no doubt |
| SHREWSBURY SCHOOL | £39.3m | — | — | below | — | no doubt |
| ST EDMUND'S SCHOOL TRUST LIMITED | £17.3m | £230,000 - £240,000 | — | above | — | no doubt |
| QUEEN'S GATE SCHOOL TRUST LIMITED | £12.4m | — | — | above | — | no doubt |
| CHANNING HOUSE INCORPORATED, HIGHGATE | £27.6m | — | 0 | unclear | — | no doubt |