THE ASSOCIATION OF GOVERNING BODIES OF INDEPENDENT SCHOOLS

Registered charity 1108756 · accounts filings on the Charity Commission register · also known as AGBIS

The object of the Association is the advancement of education in independent schools. The Association is empowered to give guidance to governing bodies, to speak for them on matters relating to governance of independent schools and to consider the relationship of their members to the general educational interests of the community.

Objects

THE ADVANCEMENT OF EDUCATION IN INDEPENDENT SCHOOLS

Area of benefit: NOT DEFINED, IN PRACTICE NATIONAL AND OVERSEAS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income
£943k
Latest spending
£1.1m
Registered
2005
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £168,911 for the year ended 31 December 2024, with total unrestricted reserves increasing to £700,556. The trustees consider these reserves, equating to approximately eight months of expenditure, to be sufficient to meet foreseeable contingencies and operate comfortably. The financial review notes that deferred expenditure contributed to the higher-than-anticipated surplus.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Subscriptions
“Subscriptions 609,583” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: approximately six months of expenditure (held: £697k)
“The policy set by the Directors is that the reserves should be maintained at approximately six months of expenditure.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Julie Cornell conducted four reviews of governance at member schools, for which she was paid £7,560
“Julie Cornell conducted four reviews of governance at member schools, for which she was paid £7,560” — page 18
“Nigel Taylor conducted two reviews of governance at member schools, for which he was paid £3,150” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Nigel Taylor conducted two reviews of governance at member schools, for which he was paid £3,150
“Julie Cornell conducted four reviews of governance at member schools, for which she was paid £7,560” — page 18
“Nigel Taylor conducted two reviews of governance at member schools, for which he was paid £3,150” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/12/2025)

Total income
£943k
Total spending
£1.1m
Reserves (reported)
£598k
Employees
8

Reported reserves equal ~6.8 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other (65% 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 (4.9%) (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
31/12/2025£943k£1.1m
31/12/2024£969k£829k
31/12/2023£860k£778k
31/12/2022£761k£735k
31/12/2021£634k£610k

Common questions

Is THE ASSOCIATION OF GOVERNING BODIES OF INDEPENDENT SCHOOLS financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £168,911 for the year ended 31 December 2024, with total unrestricted reserves increasing to £700,556. The trustees consider these reserves, equating to approximately eight months of expenditure, to be sufficient to meet foreseeable contingencies and operate comfortably. The financial review notes that deferred expenditure contributed to the higher-than-anticipated surplus. Its FY2024 accounts were audited by HaysMac LLP.