THE ASSOCIATION OF GRADUATE CAREERS ADVISORY SERVICES
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £51,190 for the year ended 31 July 2025, resulting in total net assets decreasing to £1,194,387. The trustees confirm that unrestricted funds are sufficient to cover a projected operational deficit for the following year and maintain a going concern basis without material uncertainty. Reserves are held above the stated policy target, providing a buffer against potential pension liabilities and unforeseen operational costs.
What the accounts disclose
“AGCAS aims to hold between £500,000 and £600,000 in reserves which equates to six months of budgeted income in 2025/26.” — page 10
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Ailsa McLeod
- Aranee Manoharan
- Barrie Lee Grey
- Debra Ann Easter
- Elizabeth Sarah Brooke Mortimer
- Fiona Elizabeth Cobb
- Gemma Anne Kenyon
- Katharine Gordon
- Keren Coney
- Paul Gratrick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.2m | £1.2m |
| 31/07/2024 | £1.2m | £1.1m |
| 31/07/2023 | £1.2m | £972k |
| 31/07/2022 | £954k | £681k |
| 31/07/2021 | £853k | £713k |
Common questions
Is THE ASSOCIATION OF GRADUATE CAREERS ADVISORY SERVICES financially healthy?
The accounts state that the charity reported a net expenditure of £51,190 for the year ended 31 July 2025, resulting in total net assets decreasing to £1,194,387. The trustees confirm that unrestricted funds are sufficient to cover a projected operational deficit for the following year and maintain a going concern basis without material uncertainty. Reserves are held above the stated policy target, providing a buffer against potential pension liabilities and unforeseen operational costs. Its FY2025 accounts were audited by Hawsons Chartered Accountants.