GERMAN SCHOOL ASSOCIATION LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a group surplus of £20,922 for the year ended 31 August 2025, with unrestricted reserves totaling £9,654,851. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. The organization remains dependent on significant financial and in-kind support from the German Government, including seconded teachers and rent-free premises.
What the accounts disclose
“it has been determined that the appropriate level of reserves should be at least equivalent to 6 months expenditure, with current general reserves being £7,400,322 (8 months expenditure cover)” — page 15
“Some Management Committee members of the school are parents of children attending the school. The places are funded in the same way as all the other places at the school and the children receive the same service and benefits as other children. Aggregate donations from related parties were Nil (2024: £Nil)” — page 31
Funders the charity credits
- Zentralstelle für das Auslandschulwesen (ZfA)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Dr Paula Constance Walterchair
- Caroline Beate Cartellieri Karlsen
- Gemma Farmer
- Guido Kirschner
- Jan-Harald Fuchs
- Kai-Uwe Karl
- Rachel Bochenski
- Sonja Haas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £14.5m | £14.5m |
| 31/08/2024 | £13.7m | £13.1m |
| 31/08/2023 | £12.4m | £11.9m |
| 31/08/2022 | £11.3m | £10.8m |
| 31/08/2021 | £10.5m | £10.5m |
Common questions
Is GERMAN SCHOOL ASSOCIATION LIMITED financially healthy?
The accounts state that the charity reported a group surplus of £20,922 for the year ended 31 August 2025, with unrestricted reserves totaling £9,654,851. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. The organization remains dependent on significant financial and in-kind support from the German Government, including seconded teachers and rent-free premises. Its FY2025 accounts were audited by Sayer Vincent LLP.