EDCITY OFFICE
Financial health, per its FY2025 accounts
The accounts state that unrestricted general funds (free reserves) amounted to £6.0m, which is available to meet day-to-day working capital requirements. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due and identified no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Reserves are expected to at least cover minimum contractual liabilities that are expected to accrue within the course of the coming year” — page 7
“£nil (2023/24 – £22,240k) of donations were received by Ark, the parent charity, and were transferred in cash to EdCity Office.” — page 36
“During the year, EdCity Office recognised £687k of lease related and event space income from Ark Schools” — page 36
“£nil (2023/24 – £22,240k) of donations were received by Ark, the parent charity, and were transferred in cash to EdCity Office.” — page 36
“During the year, EdCity Office recognised £687k of lease related and event space income from Ark Schools” — page 36
“£nil (2023/24 – £22,240k) of donations were received by Ark, the parent charity, and were transferred in cash to EdCity Office.” — page 36
“During the year, EdCity Office recognised £687k of lease related and event space income from Ark Schools” — page 36
“£nil (2023/24 – £22,240k) of donations were received by Ark, the parent charity, and were transferred in cash to EdCity Office.” — page 36
“During the year, EdCity Office recognised £687k of lease related and event space income from Ark Schools” — page 36
“£nil (2023/24 – £22,240k) of donations were received by Ark, the parent charity, and were transferred in cash to EdCity Office.” — page 36
“During the year, EdCity Office recognised £687k of lease related and event space income from Ark Schools” — page 36
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Baroness Sally Morgan
- Ian Wace
- Jacqueline Russell
- Laurie Grist
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £2.2m | £2.4m |
| 31/08/2024 | £22.3m | £18.8m |
| 31/08/2023 | £798k | £502k |
| 31/08/2022 | £561k | £35k |
| 31/08/2021 | £11.5m | £168k |
Common questions
Is EDCITY OFFICE financially healthy?
The accounts state that unrestricted general funds (free reserves) amounted to £6.0m, which is available to meet day-to-day working capital requirements. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due and identified no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Buzzacott Audit LLP.