ASHORNE HILL MANAGEMENT COLLEGE
Financial health, per its FY2023 accounts
The accounts state that total funds increased to £5,939,722 at 31 March 2023, with unrestricted reserves held at £4,672,832. Per the trustees' report, the charity aims to rebuild free reserves to meet a minimum target of £600,000, which represents approximately three months of overhead costs. The organization reports a cash inflow from operating activities of £553,437 for the year, indicating positive operational cash generation.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- David Williamschair
- Edmund Jonathan West
- Kathryn Doody
- Mandy Jennings
- Mark Wilson
- Peram Dhillon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.8m | £7.5m |
| 31/03/2024 | £6.9m | £6.7m |
| 31/03/2023 | £5.2m | £5.0m |
| 31/03/2022 | £2.8m | £3.4m |
| 31/03/2021 | £1.5m | £2.9m |
Common questions
Is ASHORNE HILL MANAGEMENT COLLEGE financially healthy?
The accounts state that total funds increased to £5,939,722 at 31 March 2023, with unrestricted reserves held at £4,672,832. Per the trustees' report, the charity aims to rebuild free reserves to meet a minimum target of £600,000, which represents approximately three months of overhead costs. The organization reports a cash inflow from operating activities of £553,437 for the year, indicating positive operational cash generation. Its FY2023 accounts were audited by Dains Audit Ltd.