Edinburgh College
Latest income
£72.6m
Latest spending
£74.4m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the College reported a deficit for the year of £1.8m, driven by exceptional staff costs and pension adjustments, though the adjusted operating position showed a surplus of £1.8m on a central government accounting basis. The College holds total reserves of £143.3m, comprising an income and expenditure reserve and a significant revaluation reserve derived from property assets. The trustees confirm that the College has adequate resources to continue operations for the coming year, supported by agreed funding allocations and liquidity support from the Scottish Funding Council if required.
What the accounts disclose
Related-party transaction: The College had transactions during the year, or worked in partnership with, the following publicly funded or representative bodies in which members of the Board of Management or key Managers of the College hold official positions.
“The Scottish Funding Council and the Scottish Government: Education and Lifelong Learning Directorate are regarded as related parties. During the year the College had various transactions with these bodies and with other entities for which they are regarded as the sponsor department, including Student Awards Agency for Scotland and a number of other colleges and higher education institutions.” — page 64
Per FY2025 accounts as filed with OSCR.