THE ABDO COLLEGE OF EDUCATION
Education & Training
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £214,891 for the year, primarily due to timing differences in apprenticeship funding and upfront investment costs. However, the trustees confirm the charity has adequate resources and sufficient unrestricted reserves of £1,638,314 to meet its obligations and continue as a going concern.
What the accounts disclose
“The Association of British Dispensing Opticians (ABDO) charged The ABDO College of Education £655,155 (2024: £155,940) for administering examinations for students. These charges were calculated on the same basis and at the same rates as those applied to other institutions.” — page 32
Leadership, per the charity’s website
- Nina McDermott — College Principal
- Jo Underwood — ABDO College Advisor & Founding Principal
- Steve Hertz — Head of Operational Services
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Brenda Rennie
- Claire Louise Walsh FBDO
- Daryl Newsome
- Deborah Bill
- Leslie Thomas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £3.2m | £3.4m |
| 31/12/2024 | £2.8m | £2.6m |
| 31/12/2023 | £2.9m | £2.6m |
| 31/12/2022 | £2.3m | £2.2m |
| 31/12/2021 | £2.1m | £2.1m |
Common questions
Is THE ABDO COLLEGE OF EDUCATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net loss of £214,891 for the year, primarily due to timing differences in apprenticeship funding and upfront investment costs. However, the trustees confirm the charity has adequate resources and sufficient unrestricted reserves of £1,638,314 to meet its obligations and continue as a going concern. Its FY2025 accounts were audited by Burgess Hodgson Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JORDAN CHARITABLE FOUNDATION | 1 | £1.4m |
| THE LORD MAYOR'S APPEAL | 1 | £1.1m |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £103k |
| COUNTYPIER LIMITED | 1 | £88k |
| RICHMOND TRUST FUND | 1 | £61k |
| DILLHAVEN LIMITED | 1 | £30k |
| LATATE LIMITED | 1 | £28k |
| RINA CHARITABLE TRUST | 1 | £18k |
Charities like this
- THE COLLEGE OF OPTOMETRISTS
- EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT
- BRITISH ASSOCIATION OF DERMATOLOGISTS
- ABN TRUST
- LONDON COLLEGE OF BUSINESS STUDIES
- JEWISH TEACHERS' TRAINING COLLEGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ABDO COLLEGE OF EDUCATION | £3.2m | — | — | unclear | — | no doubt |
| THE COLLEGE OF OPTOMETRISTS | £10.7m | — | — | unclear | — | no doubt |
| EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT | £1.1m | £90,001 - £100,000 | — | above | — | no doubt |
| BRITISH ASSOCIATION OF DERMATOLOGISTS | £7.5m | £100,001 - £110,000 | 8 | above | — | no doubt |
| ABN TRUST | £175k | — | 0 | unclear | — | no doubt |
| LONDON COLLEGE OF BUSINESS STUDIES | £1.9m | — | 0 | unclear | — | no doubt |