FIRCROFT COLLEGE OF ADULT EDUCATION
Financial health, per its FY2025 accounts
The accounts state that the College reported a total surplus of £402,150 for the year ended 31 July 2025, with unrestricted reserves standing at £6,547,704. The College has no borrowings and maintains a cash balance of £1,381,554, indicating strong liquidity and financial stability. The Governing Body confirmed that the College has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Geoffrey Mark Layerchair
- Benjamin James Rawal
- Carole Lesley Parkes
- Dr Robert Bernard Smith
- Dr Robert Masunga
- Eluned Griffith Jones
- Gabriele Masalskaite
- Julie Hughes
- Katherine Ann Clough
- Kieran John Armitage
- Parminder Singh Garcha
- Professor John Aldred Kam Holford
- Zahra Khan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £3.0m | £2.8m |
| 31/07/2024 | £2.9m | £2.8m |
Common questions
Is FIRCROFT COLLEGE OF ADULT EDUCATION financially healthy?
The accounts state that the College reported a total surplus of £402,150 for the year ended 31 July 2025, with unrestricted reserves standing at £6,547,704. The College has no borrowings and maintains a cash balance of £1,381,554, indicating strong liquidity and financial stability. The Governing Body confirmed that the College has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Buzzacott Audit LLP.