Robert Gordon's College
Latest income
£25.2m
Latest spending
£25.0m
Accounts read
FY2025
Form
Educational endowment
Financial health, per FY2025 accounts
The accounts state that the College recorded a net income of £167,000 for the year ended 31 July 2024, with unrestricted funds decreasing to £19.2 million due to pension scheme actuarial losses. The Governors report that the College is financially stable and sustainable, having maintained a balanced budget despite a challenging economic environment and rising costs.
What the accounts disclose
Related-party transaction: Gordonian Association R B Strathdee Trust
“The Gordonian Association RB Strathdee Trust donated £15,000 towards books for the junior school during the year”
Per FY2025 accounts as filed with OSCR.
Reserves policy: sufficient liquidity to meet ongoing working capital requirements (held: £19.2m)
“it is the College’s policy to monitor the level of unrestricted funds whilst focussing on liquidity, key to that being the maintenance of sufficient liquidity to meet ongoing working capital requirements.” — page 27
Per FY2025 accounts as filed with OSCR.
Trading subsidiary: Robert Gordon’s College (Trading) Limited
“Our trading subsidiary formally started trade from 1st January 2024 and this is the first set of consolidated accounts.”
Per FY2025 accounts as filed with OSCR.
Independent examiner: Azets Audit Services
Per FY2025 accounts as filed with OSCR.