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ABS Realisations Limited

Registered charity 1103321 · accounts filings on the Charity Commission register · also known as ABBOTS BROMLEY SCHOOL FOR GIRLS LIMITED

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Latest income
£6.4m
Latest spending
£841k
Registered
2004
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity is in the process of orderly realisation of assets following the cessation of school operations, with the sale of land and buildings completed in August 2025. The charity holds unrestricted funds of £98,956 but carries significant liabilities, including a loan from its parent company and a provision for pension scheme deficit contributions, relying on future sale proceeds to settle outstanding debts.

What the accounts disclose

Reserves policy: realising the assets in order to pay liabilities, and using any surplus funds to pursue the charitable purposes (held: £99k)
“Following closure, the reserves policy concentrates on realising the assets in order to pay liabilities, and using any surplus funds to pursue the charitable purposes.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“These financial statements have been prepared and approved on the basis that there will be an ‘orderly realisation of assets’, and on a non-going concern basis.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan from parent company
“The total owed to The Woodard Corporation as at 31st August 2025 is £3,950,905 (2024: £7,403,676). The total interest charged for the year ending 31st August 2025 is £382,957 (2024: £427,458). Further details can be found in note 14.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£6.4m
Total spending
£841k
Cost of raising funds
£751k
Reserves (reported)
£99k
Employees
1

Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Staffordshire

Income and spending

Financial year endIncomeSpending
31/08/2025£6.4m£841k
31/08/2024£11k£640k
31/08/2023£6k£681k
31/08/2022£12k£556k
31/08/2021£1.8m£1.1m

Common questions

Is ABS Realisations Limited financially healthy?

The accounts state that the charity is in the process of orderly realisation of assets following the cessation of school operations, with the sale of land and buildings completed in August 2025. The charity holds unrestricted funds of £98,956 but carries significant liabilities, including a loan from its parent company and a provision for pension scheme deficit contributions, relying on future sale proceeds to settle outstanding debts. Its FY2025 accounts were audited by Moore Kingston Smith LLP.