Glenalmond College

Scottish charity SC006123 · record on the Scottish Charity Register (OSCR) · accounts PDF

Financial health, per FY2024 accounts

The accounts state that the charity reported a loss of £1.5m for the year ended 31 July 2024, resulting in net current liabilities of £1.4m and a reduction in total net assets to £11.5m. The trustees confirm that the going concern basis is appropriate, citing available funding lines including a secured loan of up to £9m and unrestricted reserves of £6.8m as sufficient to meet future obligations.

What the accounts disclose