St Aloysius' College
Latest income
£10.0m
Latest spending
£11.4m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net deficit of £1.4m for the year ended 30 June 2025, an increase from the previous year's £656k deficit, largely due to one-off property sales in 2023-24. Per the trustees' report, the underlying financial position has stabilised, and management expects further improvements as transformation project outcomes take effect, with a glidepath towards a sustainable break-even position.
What the accounts disclose
Reserves position: below the charity's own stated policy
“At 30th June 2025 reserves of £1m (2024: £1.6m) comprised unrestricted general reserves less net book value of buildings.” — page 10
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Note 27
“During the year ended 30 June 2025, the College purchased goods for £2,800 (2024: £15,660) from Brand Maguires Ltd. A director of Brand Maguires Ltd is the son of College Governor, Mr Greg Hannah. At the year end £Nil was due to Brand Maguires Ltd (2024: £nil). During the year ended 30 June 2025, the College purchased services for £Nil (2024: £5,360) from The PRG Partnership, Solicitors. Mrs Jennifer Quinn, Governor, is a partner in this firm. At the year end £Nil was due to The PRG Partnership (2024: £nil). During the year ended 30 June 2025, the College purchased goods of £23,112 (2024: £Nil) from PA Cooperative Ltd., of which Mr Ben McLeish, Governor, is a director. At the year end £Nil was due to PA Cooperative Ltd.” — page 39
Per FY2025 accounts as filed with OSCR.