ALDERLEY EDGE SCHOOL FOR GIRLS
Financial health, per its FY2023 accounts
The accounts state that the group moved from a net outgoing position in 2022 to a net incoming surplus of £186,423 in 2023, with cash balances increasing significantly to over £1.2 million. Per the trustees' report, free reserves are calculated as negative £42,782, which is below the Governors' stated target of £250,000, although unrestricted funds total £5,925,147. The Governors consider the school's financial resources and contingency planning sufficient to continue as a going concern for at least twelve months.
What the accounts disclose
“Free reserves totalling £250,000 are considered to be a suitable target by the Governors.”
“Woodard Schools also nominate a governor to the Board – this is currently Mr C Wright.” — page 41
“The School has a wholly owned non-charitable trading company subsidiary, A.E.S.G. Developments Limited. This trading subsidiary ran the School Uniform shop.” — page 6
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?
The accounts state that the group moved from a net outgoing position in 2022 to a net incoming surplus of £186,423 in 2023, with cash balances increasing significantly to over £1.2 million. Per the trustees' report, free reserves are calculated as negative £42,782, which is below the Governors' stated target of £250,000, although unrestricted funds total £5,925,147. The Governors consider the school's financial resources and contingency planning sufficient to continue as a going concern for at least twelve months. Its FY2023 accounts were audited by Crowe U.K. LLP.