ABERDOUR SCHOOL EDUCATIONAL TRUST
Financial health, per its FY2025 accounts
The accounts state that the Trust earned a surplus of £138,017 for the year ended 31 August 2025, with net assets totaling £2,929,680. The Trustees report that free revenue reserves amounted to £2,929,680, noting a long-term policy to build up these reserves to fund capital investment and reduce reliance on bank borrowings. The independent auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“The Governing Instrument requires the Council of Management to ensure that the costs of operating the School are covered by income, taking one year with another. It remains the long-term policy to build up the free revenue reserves in order to continue capital investment in improving the School's facilities and to reduce reliance on bank borrowings.” — page 7
“Aberdour International Limited was incorporated on 3 June 2016 with an issued share capital of 100 ordinary shares of £1 each. The Aberdour School Educational Trust owns 100% of the issued share capital. The company had not commenced trading at 31 August 2025.” — page 27
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Donald Daviechair
- COLIN DENIS WRIGHT
- Michael John Pettit
- Moira Elizabeth McKerchar
- Peter John Dickerson
- Rev David Norman Senior
- Rosena Mary Monaghan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £5.3m | £5.2m |
| 31/08/2024 | £5.3m | £5.0m |
| 31/08/2023 | £5.0m | £4.8m |
| 31/08/2022 | £4.7m | £4.4m |
| 31/08/2021 | £4.5m | £4.3m |
Common questions
Is ABERDOUR SCHOOL EDUCATIONAL TRUST financially healthy?
The accounts state that the Trust earned a surplus of £138,017 for the year ended 31 August 2025, with net assets totaling £2,929,680. The Trustees report that free revenue reserves amounted to £2,929,680, noting a long-term policy to build up these reserves to fund capital investment and reduce reliance on bank borrowings. The independent auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2025 accounts were audited by FLB Audit LLP.