Ardvreck School Ltd
Latest income
£3.1m
Latest spending
£3.3m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves decreased significantly to £380,606 due to a property revaluation loss of £956,167 and a negative EBITDA of £56,926. Per the trustees' report, the school has secured external investment and a new loan from a governor to maintain sufficient resources to continue operating as a going concern.
What the accounts disclose
Related-party transaction: Governor Charles Connell is a director of SAS Outdoors Limited, from which the school receives lease payments.
“Charles Connell (Governor) is a director and controlling party of SAS Outdoors Limited which trades as the Scottish Adventure School from whom the School receives lease payments as detailed in note 18 above.”
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Governors provided donations totaling £382,451.
“Charles Connell (Governor) is a director and controlling party of SAS Outdoors Limited which trades as the Scottish Adventure School from whom the School receives lease payments as detailed in note 18 above.”
Per FY2025 accounts as filed with OSCR.