Drumduan School Ltd
Latest income
£1.0m
Latest spending
£543k
Accounts read
FY2025
Form
Company (the charity is registered with Companies House)
Financial health, per FY2025 accounts
The accounts state that the charity reported a surplus of £469,295 for the year ended 31 July 2025, driven by significant one-off donations that enabled the buy-back of its property. However, the trustees report that post-year-end closures of all school provisions cast significant doubt on the charity's ability to continue as a going concern, with plans to realise assets and repay liabilities.
What the accounts disclose
Going concern: doubt noted
“However, the Trustees draw attention to post year-end events (described in the Post Year-End Events section below) which cast significant doubt on the charity's ability to continue as a going concern.”
Per FY2025 accounts as filed with OSCR.
Payments to trustees: One trustee received £2,428.13 in wages as an employee; one trustee received £3,718 for consultancy services.
“One of The Trustee's who was employed by the Charity was paid £2,428.13 in gross wages during the year. One of the Trustees was paid £3,718 for the own consultancy services provided to the charity during the year.” — page 25
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustee employed by charity
“One of The Trustee's who was employed by the Charity was paid £2,428.13 in gross wages during the year.” — page 25
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustee consultancy services
“One of The Trustee's who was employed by the Charity was paid £2,428.13 in gross wages during the year.” — page 25
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustee company donation
“One of The Trustee's who was employed by the Charity was paid £2,428.13 in gross wages during the year.” — page 25
Per FY2025 accounts as filed with OSCR.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with OSCR.
Reserves policy: three months' running costs (held: £151k)
“The Trustees’ policy was to maintain free reserves at a level equivalent to three months’ running costs.” — page 7
Per FY2025 accounts as filed with OSCR.
Largest income source: Parental Contributions (55% of income)
“Parental Contributions 347,612” — page 24
Per FY2025 accounts as filed with OSCR.
Independent examiner: The A9 Partnership Ltd
Per FY2025 accounts as filed with OSCR.