THE ASSOCIATION OF COLLEGES CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £76,915 for the year, increasing total reserves to £586,601. This figure exceeds the trustees' stated policy target of maintaining a minimum reserve equivalent to £190,000. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“a minimum reserve equivalent to £190,000 should be maintained. This equates to approximately twelve months of expenditure”
“together with its trading subsidiaries AoC Services Ltd and AoC Sport, make up the group.”
Corporate structure
- Trading subsidiary: AOC SERVICES LIMITED Companies House 02952696
- Trading subsidiary: AOC SPORT LIMITED Companies House 09075499
Trustees
- DAVID HUGHES
- Duncan John Adams
- Elizabeth Bishop
- Jane Ann Robinson
- Julie Jean Kapsalis
- MARK WHITE
- PETER JOHN BROPHY
- Sue Higginson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £314k | £237k |
| 31/03/2024 | £404k | £335k |
| 31/03/2023 | £152k | £131k |
| 31/03/2022 | £146k | £94k |
| 31/03/2021 | £140k | £80k |
Common questions
Is THE ASSOCIATION OF COLLEGES CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a net surplus of £76,915 for the year, increasing total reserves to £586,601. This figure exceeds the trustees' stated policy target of maintaining a minimum reserve equivalent to £190,000. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Bishop Fleming Audit Ltd.