AQA EDUCATION

Registered charity 1073334 · accounts filings on the Charity Commission register · also known as AQA, ASSESSMENT & QUALIFICATIONS ALLIANCE, ASSESSMENT AND QUALIFICATIONS ALLIANCE

The purpose of AQA is to advance education for the benefit of the public. It does this by setting, marking and awarding public examinations such as GCSEs and A levels; providing vocational and technical qualifications, apprenticeship courses and training needed for certain jobs; and delivering assessment services and technology to help others improve teaching, learning and assessment more widely.

Causes: Education/training · website · Get email alerts

Latest income
£280.1m
Latest spending
£266.4m
Registered
1999
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Group is in a strong and stable financial position with sufficient liquidity, holding £100,770,000 in cash at bank and £91,559,000 in cash fund investments. The Trustees maintain free reserves of £88,182,000, which is slightly above their stated target range of £70 million to £80 million, providing a contingency for unexpected costs or loss of income. The Group has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Employees paid over £60,000: 346
“There were 346 (2024: 273) employees whose emoluments, excluding pension contributions and employers’ national insurance, but including benefits in kind and termination payments, were in excess of £60,000.” — page 55
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £70 million to £80 million (held: £88.2m)
“Based on our updated assessment, our policy is to maintain free reserves in the range of £70 million to £80 million (2024: £60 million to £70 million) and as at year end, we are slightly over target range.”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: The Chair of the Board of Trustees received remuneration. Ms Spackman was paid £15,000 for the period April 2024 to December 2024. Mr Laws was paid £6,000 for the period December 2024 to March 2025.
“During the year there was a change in the Chair of Trustees and having received Charity Commission permission Ms Spackman, serving from April 2024 to December 2024, was paid £15,000 and then Mr Laws, serving from December 2024 to March 2025, was paid £6,000 for their role as Chair of Trustees.” — page 54
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Training Qualifications UK Limited (wholly-owned subsidiary) paid Gift Aid of £3,179,000 to AQA Education.
“During the year, Training Qualifications UK paid Gift Aid of £3,179,000 (2024: Nil) to AQA Education and paid dividends of £nil (2024: £6,133,000) to AQA Commercial Services Limited.” — page 74
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Doublestruck Limited, AQA Assessment Services Limited, AlphaPlus Consultancy Ltd, Training Qualifications UK Limited
“We also provide services through four wholly-owned trading subsidiary companies: Doublestruck Limited (Doublestruck), AQA Assessment Services Limited (AASL), AlphaPlus Consultancy Ltd (AlphaPlus), and Training Qualifications UK Limited (TQUK)”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BDO LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Corporate structure

DOUBLESTRUCK LIMITED — per its own Companies House accounts
  • Turnover: £6.2m
  • Profit before tax: £1.4m
  • Donated/gift-aided to the charity: £687k
  • Unsecured intercompany loan with AQA Education repaid in April 2024 (£800,000 in 2024). Additionally, amounts owed by group undertakings were £37,966 (2025) and £849,679 (2024), while amounts owed to group undertakings were £123,365 (2025) and £178,480 (2024).
“The charitable donations include £687,065 (2024: £1,985,350) payable under gift aid to AQA Education, the company's ultimate parent company.”
AQA ASSESSMENT SERVICES LIMITED — per its own Companies House accounts
  • Turnover: £12.3m
  • Profit before tax: £-6.1m
  • 7,307,000
ALPHAPLUS CONSULTANCY LIMITED — per its own Companies House accounts
  • Turnover: £4.2m
  • Profit before tax: £83k
  • Donated/gift-aided to the charity: £420k
  • Exemption claimed for intra-group transactions with parent AQA Education.
“Gift aid of £420,000 was paid in June 2025 for the period ended 30 September 2024.”
TRAINING QUALIFICATIONS UK LTD — per its own Companies House accounts
  • Turnover: £13.6m
  • Profit before tax: £4.7m
  • Donated/gift-aided to the charity: £3.2m
“Gift aid distribution - (3,178,580)”

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

UK research funding (UKRI Gateway to Research)

Trustpilot: AQA scores 3.3/5 from 1 reviews (source) — reviews usually concern the charity’s shops or services, not its charitable performance.

Public profiles (found on the charity’s own website): linkedin (63,256 followers)

Structured financials (annual return, FY ending 31/03/2025)

Total income
£280.1m
Total spending
£266.4m
Cost of raising funds
£39k
Reserves (reported)
£161.6m
Employees
1,798

Reported reserves equal ~7.3 months of spending — in the top quarter for charities its size (median 2.7 months; benchmarks).

Per its annual return, largest income source: Charitable activities (95% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£280.1m£266.4m
31/03/2024£268.8m£253.4m
31/03/2023£218.4m£250.5m
31/03/2022£148.0m£129.9m
31/03/2021£135.8m£133.0m

Common questions

Is AQA EDUCATION financially healthy?

Per its FY2025 accounts: The accounts state that the Group is in a strong and stable financial position with sufficient liquidity, holding £100,770,000 in cash at bank and £91,559,000 in cash fund investments. The Trustees maintain free reserves of £88,182,000, which is slightly above their stated target range of £70 million to £80 million, providing a contingency for unexpected costs or loss of income. The Group has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by BDO LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with AIM Qualifications and Assessment Group.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
AQA EDUCATION£280.1m—346above—no doubt
AIM Qualifications and Assessment Group FY2025£4.2m£100,001 - £110,000—unclear—no doubt
THE ARTS EDUCATIONAL SCHOOLS FY2025£12.0m——below—no doubt
CVQO LTD FY2025£3.9m—3unclear—no doubt
ADVANCE HE FY2025£17.6m——above—no doubt
ACADEMY OF MEDICAL EDUCATORS FY2025£337k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.