ABS Realisations Limited
Independent Boarding and Day School
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
“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
“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
“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.”
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Kurt Richard Luther
- SIMON RODERICK JAMES
- STEVEN BOURNE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| YBP LIMITED | 1 | — |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £1.7m |
| WYCHDALE LIMITED | 1 | £1.7m |
| NUCHEM AND REISEL SCHLAFF MEMORIAL FUND LIMITED | 1 | £1.6m |
| CHARITWORTH LIMITED | 1 | £380k |
| THE MUTUAL TRUST GROUP | 1 | £363k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £180k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £157k |
Charities like this
- TPS Realisations 2024
- AYSGARTH SCHOOL TRUST LIMITED
- ABS TRAINING LTD
- ST HUGH'S SCHOOL (CARSWELL) TRUST LIMITED
- ST GEORGE'S SCHOOL ASCOT TRUST LIMITED
- BELMONT-BIRKLANDS SCHOOL TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ABS Realisations Limited | £6.4m | — | 0 | above | — | noted |
| TPS Realisations 2024 | £1.3m | — | 0 | unclear | — | noted |
| AYSGARTH SCHOOL TRUST LIMITED | £4.9m | — | 0 | unclear | — | not going concern |
| ABS TRAINING LTD | £207k | — | 0 | below | — | no doubt |
| ST HUGH'S SCHOOL (CARSWELL) TRUST LIMITED | £7.5m | £140,001 - £150,000 | — | unclear | — | no doubt |
| ST GEORGE'S SCHOOL ASCOT TRUST LIMITED | £7.7m | £140,001 - £150,000 | 1 | unclear | — | not going concern |