St Albans Education Group
Financial health, per its FY2025 accounts
The accounts state that the Group reported a net income of £6,261k for the year ended 31 August 2025, driven by increased tuition fees and the merger of Stormont School. The Trustees confirm the Group has adequate resources to continue operating for at least twelve months, with unrestricted funds totaling £42.4m and a stated reserves policy target of 5% of fee income.
What the accounts disclose
“The Trustees have determined that a prudent level of free reserves to aim for is 5% of fee income, which is approximately £1,272k.” — page 16
“The Principal ’s spouse is an employee of the School and is paid in accordance with a standard contract of employment which is overseen by the HR department and the Remuneration Committee.” — page 43
“The Principal is the Treasurer and a Director of The Heads’ Conference (“HMC”). The School continues to be a member of HMC, and any payments made to HMC are in the normal course of the Head’s membership.” — page 43
“The Principal ’s spouse is an employee of the School and is paid in accordance with a standard contract of employment which is overseen by the HR department and the Remuneration Committee.” — page 43
“The Principal is the Treasurer and a Director of The Heads’ Conference (“HMC”). The School continues to be a member of HMC, and any payments made to HMC are in the normal course of the Head’s membership.” — page 43
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Alison Jane Arnold
- Anthony Craig Cleaver
- Bjorn Hobart
- Carol Elizabeth Jewell
- Christopher James Murray
- Dr Phillip Huw Williams
- Elizabeth Gregory
- Henrietta Hodgkiss
- Maria Terese Carradice
- Pauline Wallace
- Rev Joanne Kelly- Moore
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £33.1m | £26.8m |
| 31/08/2024 | £26.2m | £23.2m |
| 31/08/2023 | £24.0m | £21.3m |
| 31/08/2022 | £22.4m | £20.3m |
| 31/08/2021 | £20.4m | £18.6m |
Common questions
Is St Albans Education Group financially healthy?
The accounts state that the Group reported a net income of £6,261k for the year ended 31 August 2025, driven by increased tuition fees and the merger of Stormont School. The Trustees confirm the Group has adequate resources to continue operating for at least twelve months, with unrestricted funds totaling £42.4m and a stated reserves policy target of 5% of fee income. Its FY2025 accounts were audited by Moore Kingston Smith LLP.