Albyn School Limited
Latest income
£11.2m
Latest spending
£11.7m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the school reported a net deficit of £579,961 for the year ended 31 July 2025, driven by total expenditure exceeding total income. The trustees maintain that the group has adequate resources to continue in operational existence for at least the next 12 months, with unrestricted funds totaling £4,977,820 and bank debt reduced to £3,990,525.
What the accounts disclose
Payments to trustees: Graeme Bell and Claire Yule received £3,860 each; Jennifer Young received £3,548.
“Graeme Bell and Claire Yule were Co-chairs of the school for a part of the year after Colin Boag resigned at the end of the previous year. They both received an amount of £3,860 remuneration. Jennifer Young received remuneration of £3,548 for the period between starting her role as chair and deciding to waive her fee in April 2025.” — page 28
Per FY2025 accounts as filed with OSCR.
Related-party transaction: The school and its pupils/potential pupils are to be the beneficiaries of any funds raised by The Albyn Foundation. All expenses of The Albyn Foundation are met by the school and during the year audit fees of £3,000 (2024; £3,000) were incurred.
“The school and its pupils/potential pupils are to be the beneficiaries of any funds raised by The Albyn Foundation. All expenses of The Albyn Foundation are met by the school and during the year audit fees of £3,000 (2024; £3,000) were incurred.” — page 40
Per FY2025 accounts as filed with OSCR.