CHRIST COLLEGE, BRECON
Financial health, per its FY2025 accounts
The accounts state that net assets decreased to £16,728,193, with free reserves reported at £2,517,000. The trustees note that this figure does not fairly reflect actual free reserves because long-term loan liabilities are secured over the College’s land, buildings, and investment assets. When these secured liabilities are excluded, the group’s free reserves are £3,204,000, which the Governors consider adequate to fulfill the College's obligations.
What the accounts disclose
“The Governors require sufficient reserves to ensure that the College can pay its short-term creditors and meet the operating costs of the business for at least two months.” — page 7
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Bishop John Derrick Lomas
- Grahame Clive Davies
- JAMES HENRY DUFFIELD
- John Craig Powell
- Jonathan Francis Spencer
- Judge Milwyn Jarman
- Julia Cherrett
- Kevan Thornber
- LOUISE ELIZABETH DAVIES
- Lesley Perry
- Linda Williams
- Mark Rhydderch-Roberts
- Nicola Maughan
- Philip Jones
- Rhiannon Howard-Sadler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £8.4m | £9.0m |
| 31/08/2024 | £9.5m | £9.2m |
| 31/08/2023 | £8.9m | £8.5m |
| 31/08/2022 | £8.0m | £7.3m |
| 31/08/2021 | £7.1m | £6.6m |
Common questions
Is CHRIST COLLEGE, BRECON financially healthy?
The accounts state that net assets decreased to £16,728,193, with free reserves reported at £2,517,000. The trustees note that this figure does not fairly reflect actual free reserves because long-term loan liabilities are secured over the College’s land, buildings, and investment assets. When these secured liabilities are excluded, the group’s free reserves are £3,204,000, which the Governors consider adequate to fulfill the College's obligations. Its FY2025 accounts were audited by Crowe U.K. LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 03/03/2008 | £45k | "Christ College Brecon Archive" |
| The National Lottery Heritage Fund | 19/12/2007 | £4k | "The project is to establish an archive at the school. The money is for computer equipment, DVD and sound recording equipment, photographic e" |