Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** - 1 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** _FARC: Finance, Audit and Risk Committee GNC: Governance and Nominations Committee MB: Management Board SG: Safeguarding Committee_ 2 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** ## 3 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** 4 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** ## **(limited by guarantee)** - - - - - - 5 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** ## **(limited by guarantee)** 6 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** - - - - - - - - 7 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** - - - - - - - - - - - - - - - - - - 8 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** - - - - - - - - - - - - - - - 9 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** - - - - - - - - - - - - - 10 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** - - - - - - - - - - - - 11 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** - - - 12 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** - - - 13 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** ## **(limited by guarantee)** 14 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** - - - 15 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** ## **(limited by guarantee)** - - - - - - - ||5
10
15
20
25| |---|---| ||4
8
12
16
20| ||3
6
9
12
15| ||2
4
6
8
10| ||1
2
3
4
5| ||Impact| 16 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** 17 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** - - - 18 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** - - - ₂ 19 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** 20 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** - - - - - (a) (b) 21 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** - - - 22 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** ## **(limited by guarantee)** - - - - - - 23 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** **(limited by guarantee)** - - - - 24 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** ## **(limited by guarantee)** - - - - - 28/5/2026 25 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group (limited by guarantee)** |**Income**
Donations and legacies
**Income from charitable activities**
Tuition Fees Receivable
Non Tuition Fees Income
Investment Income
Exceptional Items
**Total Incoming Resources**
**Total income**
**EXPENDITURE**
**Expenditure on charitable activities**
Teaching Costs
Welfare Costs
Premises Costs
Administration of the Group
Governance Costs
Coach Hire
Interest Paid
**Total Expenditure**
Net income and net movement in
funds for year before investment
gains/(losses)
Investment gain / (losses)
**Net income and net movement in**
**funds for the year**
Reconciliation of funds
Total funds brought forward
Total funds carried forward|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2025 Total**
**2024 Total**
**Notes**
**£'000**
**£'000**
**£'000**
**£'000**
13
11
21
32
11
14a
-
25,430
25,430
22,908
14b
-
3,235
3,235
2,840
15
-
449
449
424
20
-
3,938
3,938
0
33,052
33,052
26,172
11
33,073
33,084
26,183
-
(16,732)
(16,732)
(14,435)
-
(2,339)
(2,339)
(2,148)
-
(3,065)
(3,065)
(2,923)
-
(3,707)
(3,707)
(3,552)
-
(122)
(122)
(250)
-
(752)
(752)
(702)
-
(80)
(80)
(95)
18
0
(26,797)
(26,797)
(24,105)
11
6,276
6,287
2,078
-
(26)
(26)
926
11
6,250
6,261
3,004
9
91
36,190
36,281
33,277
9
102
42,440
42,542
36,281|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2025 Total**
**2024 Total**
**Notes**
**£'000**
**£'000**
**£'000**
**£'000**
13
11
21
32
11
14a
-
25,430
25,430
22,908
14b
-
3,235
3,235
2,840
15
-
449
449
424
20
-
3,938
3,938
0
33,052
33,052
26,172
11
33,073
33,084
26,183
-
(16,732)
(16,732)
(14,435)
-
(2,339)
(2,339)
(2,148)
-
(3,065)
(3,065)
(2,923)
-
(3,707)
(3,707)
(3,552)
-
(122)
(122)
(250)
-
(752)
(752)
(702)
-
(80)
(80)
(95)
18
0
(26,797)
(26,797)
(24,105)
11
6,276
6,287
2,078
-
(26)
(26)
926
11
6,250
6,261
3,004
9
91
36,190
36,281
33,277
9
102
42,440
42,542
36,281|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2025 Total**
**2024 Total**
**Notes**
**£'000**
**£'000**
**£'000**
**£'000**
13
11
21
32
11
14a
-
25,430
25,430
22,908
14b
-
3,235
3,235
2,840
15
-
449
449
424
20
-
3,938
3,938
0
33,052
33,052
26,172
11
33,073
33,084
26,183
-
(16,732)
(16,732)
(14,435)
-
(2,339)
(2,339)
(2,148)
-
(3,065)
(3,065)
(2,923)
-
(3,707)
(3,707)
(3,552)
-
(122)
(122)
(250)
-
(752)
(752)
(702)
-
(80)
(80)
(95)
18
0
(26,797)
(26,797)
(24,105)
11
6,276
6,287
2,078
-
(26)
(26)
926
11
6,250
6,261
3,004
9
91
36,190
36,281
33,277
9
102
42,440
42,542
36,281|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2025 Total**
**2024 Total**
**Notes**
**£'000**
**£'000**
**£'000**
**£'000**
13
11
21
32
11
14a
-
25,430
25,430
22,908
14b
-
3,235
3,235
2,840
15
-
449
449
424
20
-
3,938
3,938
0
33,052
33,052
26,172
11
33,073
33,084
26,183
-
(16,732)
(16,732)
(14,435)
-
(2,339)
(2,339)
(2,148)
-
(3,065)
(3,065)
(2,923)
-
(3,707)
(3,707)
(3,552)
-
(122)
(122)
(250)
-
(752)
(752)
(702)
-
(80)
(80)
(95)
18
0
(26,797)
(26,797)
(24,105)
11
6,276
6,287
2,078
-
(26)
(26)
926
11
6,250
6,261
3,004
9
91
36,190
36,281
33,277
9
102
42,440
42,542
36,281|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2025 Total**
**2024 Total**
**Notes**
**£'000**
**£'000**
**£'000**
**£'000**
13
11
21
32
11
14a
-
25,430
25,430
22,908
14b
-
3,235
3,235
2,840
15
-
449
449
424
20
-
3,938
3,938
0
33,052
33,052
26,172
11
33,073
33,084
26,183
-
(16,732)
(16,732)
(14,435)
-
(2,339)
(2,339)
(2,148)
-
(3,065)
(3,065)
(2,923)
-
(3,707)
(3,707)
(3,552)
-
(122)
(122)
(250)
-
(752)
(752)
(702)
-
(80)
(80)
(95)
18
0
(26,797)
(26,797)
(24,105)
11
6,276
6,287
2,078
-
(26)
(26)
926
11
6,250
6,261
3,004
9
91
36,190
36,281
33,277
9
102
42,440
42,542
36,281|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2025 Total**
**2024 Total**
**Notes**
**£'000**
**£'000**
**£'000**
**£'000**
13
11
21
32
11
14a
-
25,430
25,430
22,908
14b
-
3,235
3,235
2,840
15
-
449
449
424
20
-
3,938
3,938
0
33,052
33,052
26,172
11
33,073
33,084
26,183
-
(16,732)
(16,732)
(14,435)
-
(2,339)
(2,339)
(2,148)
-
(3,065)
(3,065)
(2,923)
-
(3,707)
(3,707)
(3,552)
-
(122)
(122)
(250)
-
(752)
(752)
(702)
-
(80)
(80)
(95)
18
0
(26,797)
(26,797)
(24,105)
11
6,276
6,287
2,078
-
(26)
(26)
926
11
6,250
6,261
3,004
9
91
36,190
36,281
33,277
9
102
42,440
42,542
36,281|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2025 Total**
**2024 Total**
**Notes**
**£'000**
**£'000**
**£'000**
**£'000**
13
11
21
32
11
14a
-
25,430
25,430
22,908
14b
-
3,235
3,235
2,840
15
-
449
449
424
20
-
3,938
3,938
0
33,052
33,052
26,172
11
33,073
33,084
26,183
-
(16,732)
(16,732)
(14,435)
-
(2,339)
(2,339)
(2,148)
-
(3,065)
(3,065)
(2,923)
-
(3,707)
(3,707)
(3,552)
-
(122)
(122)
(250)
-
(752)
(752)
(702)
-
(80)
(80)
(95)
18
0
(26,797)
(26,797)
(24,105)
11
6,276
6,287
2,078
-
(26)
(26)
926
11
6,250
6,261
3,004
9
91
36,190
36,281
33,277
9
102
42,440
42,542
36,281| |---|---|---|---|---|---|---|---| ||||||||2,078
926
3,004| ||||||36,281||33,277| ||||42,440||42,542||36,281| 26 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group (limited by guarantee)** ||||**2025**|||**2024**|| |---|---|---|---|---|---|---|---| ||**Notes**|**£'000**||**£'000**|**£'000**||**£'000**| |**Fixed Assets**|||||||| |Tangible fixed assets|2|||32,467|||28,788| |Fixed asset investments|3|||3,055|||3,887| |||||35,522|||32,675| |**Current Assets**|||||||| |Stock|4||24|||24|| |Debtors|5|965|||471||| |Cash at bank and in hand||9,976|||8,690||| |Current asset investments|6|6,639|||6,379||| |||17,604|||15,564||| |**Creditor: amount falling due within one year**|7a|(7,968)|||(8,072)||| |**Net Current Assets**||||9,636|||7,492| |**Total Assets Less Current Liabilities**||||45,158|||40,167| |**Creditors: amount falling due after more tha one**|||||||| |**year**|7b|||(2,616)|||(3,886)| |**Total Net Assets**|8a|||42,542|||36,281| |**Funds of the Charity**|||||||| |Restricted Funds||||102|||91| |Designated Fund|8b|||112|||109| |Unrestricted Fund - Accumulated Fund||||42,328|||36,081| |**Total Charity Funds**|9|||42,542|||36,281| 27 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group (limited by guarantee)** |**Notes**
**Cash generated by operating activites**
**A**
**Cash flows from investment activities**
Interest income
Investment income
Finance cost
Cash reclassified as current asset
Payments to aquire tangible asset
Proceeds from disposal of investments
Acquisition of Stormont
**Cash absorded by investment activities**
**Cash flows from financing activities**
Fees in advance -received
Repayment of loans
**Cash generated by financial activities**
Increase in cash and cash equivalent in the year
Transfer in of Stormont Cash
Cash and cash equivalent at the beginning of the year
**Cash and cash equivalents at the end of the year**|**2025**
£'000
**2,733**
231
449
(80)
(260)
(1,206)
824
(3,938)
**(3,980)**
2,345
(395)
**1,950**
703
583
8,690
**9,976**|**2024**
£'000
**1,021**
471
130
(95)
(294)
(3,151)
–
–
**(2,939)**|**2024**
£'000
**1,021**| |---|---|---|---| ||||4,897
(381)
**4,516**| ||||2,598
6,092| ||||
**8,690**| 28 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** ## ## **A. Reconciliation of Net Movement in funds to net cash flows from operating activities** |Net movement in funds
No-operating cashflow eliminated
- Financing costs
- Depreciation
- interest income
-investment income
-loss on disposal of fixed asset
-Fixed asset adjustment
loss / (gain on investment revaluation)
(increase)/decrease in stock
(increase)/decrease in debtors
increase/(decrease) in creditors
Fees in advance - utilised against fees
Net cash generated by opeating activities|**2025**
£'000
6,261
80
1,106
(231)
(449)
42
0
(420)
946
(4,602)
2,733|**2024**
£'000
3,004
95
1,028
(177)
(424)
47
50
(926)
0
(4)
1,663
(3,335)| |---|---|---| |||1,021| 29 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** 30 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** ## ## 31 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** ## 32 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** ## ## 33 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** |**Cost**
As at 1 September 2024
Additions
Transfer to investments
Adjustments
Disposal
Stormont Transfer
As at August 2025
**Depreciation**
As at 1 September 2024
Charge for year
Adjustments
Disposal
As at August 2025
**Net book value**
As at 31 August 2025
As at August 2024||£'000
5,355
220
25
–
–
555
6,155
–
–
–
–
–
6,155
5,355
**Land**|£'000
36,141
986
–
–
2,916
40,043
12,999
1,040
–
–
14,038
26,005
23,143
**Buildings**|£'000
659
–
–
–
–
82
742
369
66
–
–
435
306
290
**Furniture &**
**equipment**|£'000
42,156
1,206
25
–
**–**
**3,553**
**Total**| |---|---|---|---|---|---| ||||||46,940| ||||||13,368
1,106
**–**
**–**| ||||||14,474| ||||||32,467
28,788| 34 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** ## **3 Investment Asset** |Valuation
As at 1 September 2024
Transfer to investment
Disposal
Gains/Loss on Investment
Transfer from Stormont
As at 31 August 2025|**2025**
£'000
3,887
(25)
(824)
(42)
59
3,055|**2024**
£'000
2,961
926| |---|---|---| |||3,887| Net Investment relates to Alban House following disposal o Rayner House and Share Our property was valued by Savils PLC Chartered Surveyors, regulated by RCIS. |Investment Property
Shares
**4**
**Stocks**
Consumable
**5**
**Debtors**
Fees in arrears and recoverable cost
Other debtors
Prepayment
**6**
**Current Asset**
Investments||3,000
55
3,055
**2025**
£'000
24
**2025**
£'000
211
142
612
965
**2025**
£'000
6,639|3,887| |---|---|---|---| ||||3,887| ||||**2024**
£'000
24
**2024**
£'000
142
107
222| ||||471| ||||**2024**
£'000
6,379| These comprise bank deposits accounts with notice terms in excess of 90 days for year ended 31 August 2025 35 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** ## **(limited by guarantee)** |**7a**
**Creditors: amount falling due within one year**
Bank loans and overdrafts
Deferred Income
Trade Creditors
Other Creditor
Taxation and Social Security costs
Accruals
**7b**
**Amounts falling due after more than 1 year**
Bank loans
Deferred income
**Analysis of Loan**
Bank Loans
Included in current laibilities
**Loan Maturity analysis**
Within one year
in more than one but less than two year
In more than 2 year
Over 5 years
**Analysis of deferred Income**
Due within one year
Due after one year
**Deferred Income movement**
Brought forward
Released in year
Deferred in year
Carried Forward||**2025**
**2024**
**£'000**
**£'000**
409
395
3,462
4,856
749
670
2,292
1,639
771
287
285
225| |---|---|---| |||7,968
8,072| |||**2025**
**2024**
**£'000**
**£'000**
1,558
1,967
1,058
1,919| |||2,616
3,886| |||1,967
2,362
(409)
(395)| |||1,558
1,967| |||409
395
425
409
1,133
1,323
235| |||1,967
2,362| |||3,462
4,856
1,058
1,919
4,520
6,775
6,821
3,852
(4,856)
(3,335)
2,555
6,258| |||**4,520**
**6,775**| The bank loan is to part-finance the catering and sixth form development (repayable by monthly instalments over 10 years from February 2020 with a fixed interest rate of 3.67%) The loan is secured by way of a charge over freehold land and buildings. 36 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group** ## **(limited by guarantee)** ## **8a Allocation of the charity's net assets** The net assets are held for various funds as follows: ## **8b** |Restricted Fund
Designated Fund
Accumulated Fund
**Fund Analysis**
**2025**
**Accumulated unrestricted fund**
**Designated fund**
Preparatory School
Sixthform
Music Instrument
Concerts
School play
The Duke of Edinburgh Award Scheme
Total Designated fund
**Total unrestricted fund**
**Restricted fund**
Donations
Bursary fund
Annual fund
**Total Restricted Funds**
**Total Funds**
**2024**
**Accumulated unrestricted fund**
**Designated fund**
Preparatory School
Sixthform
Music Instrument
Concerts
School play
The Duke of Edinburgh Award Scheme
Total Designated fund
**Total unrestricted fund**
**Restricted fund**
Bursary fund
Annual fund
**Total Restricted Funds**
**Total Funds**|**Fixed**
**asset**
**£'000**
35,522
35,522
**Opening**
**£'000**
36,081
52
19
13
13
0
12
109
36,190
64
27
91
36,281
**Opening**
**£'000**
33,082
52
19
12
15
2
4
104
33,186
64
27
91
33,277|**Net**
**current**
**asset**
**Creditors**
**due**
**more**
**£'000**
**£'000**
102
112
9,422
(2,615)
9,636
(2,615)
**IncomeExpenduture**
**£'000**
**£'000**
33,055
(26,782)
6
(1)
7
(1)
2
3
(12)
18
(15)
33,073
(26,797)
11
11
0
33,083
(26,797)
**IncomeExpenduture**
**£'000**
**£'000**
26,133
(24,060)
4
(3)
16
(18)
7
(9)
23
(15)
50
(45)
26,183
(24,105)
26,183
(24,105)|**Total 2025**
**Total 2024**
**£'000**
**£'000**
102
91
112
104
42,328
36,086
42,542
36,281
**Investment**
**gain/(loss)**
**Closing**
**£'000**
**£'000**
(26)
42,328
52
19
17
19
2
3
112
(26)
42,440
11
64
27
0
102
(26)
42,542
**gain/(loss)**
**Closing**
**£'000**
**£'000**
926
36,081
0
0
52
19
13
13
0
12
0
109
926
36,190
64
27
91
926
36,281| |---|---|---|---| 37 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** 38 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** 39 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group (limited by guarantee)** |**13**|**Income from grants and donations**||||| |---|---|---|---|---|---| |||**Restricted**|**Unrestricted**|**Total 2025 **|**Total 2024**| |||£'000|£'000|£'000|£'000| ||Donations|11|21|32|11| |**14a**|**Income from charitable Activities**||**2025**||**2024**| ||||£'000||£'000| ||Tuition fees receivable consists of:||||| ||Gross tuition Fees||26,925||24,636| ||Less||–||–| ||Bursaries||(808)||(1,042)| ||Grant Allowances||(687)||(686)| ||||(1,495)||(1,728)| ||||25,430||22,908| |**14b**|Non-tuition fees income consists of:||||| ||Coaches||744||806| ||Lunches||630||619| ||Other||1,861||1,415| ||||3,235||2,840| ||||28,665||25,748| |**15**|**Investment Income**||**2025**||**2024**| ||||£'000||£'000| ||Investment Income interest||269||294| ||Rental Income from investment Properties||180||130| ||||449||424| 40 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group (limited by guarantee)** ## **16 Net Income is stated after charging** |Auditors remuneration
Non Audit remuneration paid to auditors
Governors' training
Depreciation
Hire of Equipment
IT Infrastruture
**Staff Costs**
Wages and Salares
Social security
Pension contributions
Insurance||**2025**
£'000
26
17
-
1,106
624
**2025**
£'000
13,245
1,508
2,623
70
17,446||**2024**
£'000
33
29
-
1,028
137
771
**2024**
£'000
11,798
1,258
2,202
160| |---|---|---|---|---| |||||15,418| The number of emplyees whose emolument exceeded £60k is stated below |£60,000-£70,000
£70,001-£80,000
£80,001-£90,000
£90,001-£100,000
£100,001-£110,000
£120,001-£130,000
£130,001-£140,000
£140,001-£150,001
£150,001-£160,000
£200,001-£210,000
£210,001-£220,000|**2025**
**2024**
36
38
21
11
8
5
2
3
2
0
0
0
1
1
1
0
1
0
0
1
1
0
73
59| |---|---| 41 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group (limited by guarantee)** ||**2025**|**2024**|**2025**|**2024**| |---|---|---|---|---| |**Average number of employees during the year - STAEG**|FTE|FTE|Number|Number| |Teaching and Technicians|174|156|209|180| |Welfare|21|19|30|25| |Premises|8|8|9|9| |Administration|42|41|53|49| ||245|224|301|263| ## **Average number of employees during the year - STAHS** |Teaching and Technicians
Welfare
Premises
Administration|**2025**
**2024**
**2025**
**2024**
FTE
FTE
Number
Number
151
156
178
180
18
19
24
25
6
8
7
9
40
41
49
49
215
224
258
263| |---|---| 42 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group (limited by guarantee)** ## **18 Analysis of Total Expenditure** |**2025**
Charitable Expenditure
Teaching costs
Welfare costs
Premises costs
Administration
Company Governance
Coach Hire
Interest Paid|**Staff costs**
£'000
13,787
783
360
2,446
-
-
-
17,376|**Other**
£'000
2,945
1,556
1,599
1,261
122
752
80
8,315|**Depreciation**
**Total**
£'000
£'000
-
16,732
-
2,339
1,106
3,065
-
3,707
-
122
-
752
-
80
1,106
26,797| |---|---|---|---| ## **Analysis of Total Expenditure** |**2024**
Charitable Expenditure
Teaching costs
Welfare costs
Premises costs
Administration
Company Governance
Coach Hire
Interest Paid|**Staff costs**
**Other**
£'000
£'000
11,933
2,502
950
1,198
293
1,602
2,242
1,310
-
250
-
702
-
95
15,418
7,659|**Depreciation**
**Total**
£'000
£'000
-
14,435
-
2,148
1,028
2,923
-
3,552
-
250
-
702
-
95

1,028
24,105| |---|---|---| |**19**|**Interest Payable and Similar Charges**||| |---|---|---|---| |||**2025**|**2024**| |||£’000|£’000| ||Bank Loans and overdrafts|80|95| 43 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 **St Albans Education Group (limited by guarantee)** ## **21 Corporation Tax** The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 0r section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. ## **22 Post Balance Sheet events (non-adjusting)** On 13[th] January St Albans Education Group announced the proposed merger with St George’s Ascot (Charity registration number 309088; Company registration number 924805) and on 23[rd] March with St George’s School Windsor Castle (Charity registration number 1100392; Company registration number 04347052), on completion the asset, liabilities and activities of will transfer to St Albans Education Group and on the 19[th] January Palmers Green High School (Charity registration 312629: Company registration 0537727) partnered with STAEG to help plan a managed and orderly closure, safeguarding the pupils education and preserving the legacy of the school. 44 Docusign Envelope ID: CBACD44D-D4B5-8F29-8023-7D8B9D34DD07 ## **St Albans Education Group (limited by guarantee)** |**2025**
**2025**
**Restricted Unrestricted**
**Funds**
**Funds**
£’000
**Income**
**Donations and grants**
11
21
**Income from charitable activities**
Tuition fees receivable
-
25,430
Non-tuition fees income
-
3,235
Investment income
-
449
Exceptional Items
-
3,938
**Total Incoming Resources**
-
33,052
**Total income**
11
33,073
**Expenditure**
**Expenditure on charitable activities**
Teaching costs
-
(16,732)
Welfare costs
-
(2,339)
Premises costs
-
(3,065)
Administration of the Group
-
(3,707)
Governance costs
-
(122)
Coach hire
-
(752)
Interest paid
-
(80)
**Total expenditure**
0
(26,797)
**Net income and net movement in**
**funds for the year before investment**
**gains / losses**
11
6,276
Investment gains / losses
(26)
**Income and net movement in funds for**
**the year**
11
6,250|**2025**
**2025**
**Restricted Unrestricted**
**Funds**
**Funds**
£’000
**Income**
**Donations and grants**
11
21
**Income from charitable activities**
Tuition fees receivable
-
25,430
Non-tuition fees income
-
3,235
Investment income
-
449
Exceptional Items
-
3,938
**Total Incoming Resources**
-
33,052
**Total income**
11
33,073
**Expenditure**
**Expenditure on charitable activities**
Teaching costs
-
(16,732)
Welfare costs
-
(2,339)
Premises costs
-
(3,065)
Administration of the Group
-
(3,707)
Governance costs
-
(122)
Coach hire
-
(752)
Interest paid
-
(80)
**Total expenditure**
0
(26,797)
**Net income and net movement in**
**funds for the year before investment**
**gains / losses**
11
6,276
Investment gains / losses
(26)
**Income and net movement in funds for**
**the year**
11
6,250|**2024**
**2024**
**2025**
**Restricted Unrestricted**
**Total**
**Funds**
**Funds**
£’000
£’000
£’000
32
11
25,430
22,908
3,235
2,840
449
424
3,938
33,052
26,172
33,084
26,183
(16,732)
(14,435)
(2,339)
(2,148)
(3,065)
(2,923)
(3,707)
(3,552)
(122)
(250)
(752)
(702)
(80)
(95)
(26,797)
(24,105)
6,287
2,078
(26)
926
6,261
3,004|**2024**
**2024**
**2025**
**Restricted Unrestricted**
**Total**
**Funds**
**Funds**
£’000
£’000
£’000
32
11
25,430
22,908
3,235
2,840
449
424
3,938
33,052
26,172
33,084
26,183
(16,732)
(14,435)
(2,339)
(2,148)
(3,065)
(2,923)
(3,707)
(3,552)
(122)
(250)
(752)
(702)
(80)
(95)
(26,797)
(24,105)
6,287
2,078
(26)
926
6,261
3,004|**2024**
**Total**
£’000
11
22,908
2,840
424
26,172
26,183
(14,435)
(2,148)
(2,923)
(3,552)
(250)
(702)
(95)|**2024**
**Total**
£’000
11
22,908
2,840
424
26,172| |---|---|---|---|---|---| ||(26,797)
6,276
(26)
6,250||(24,105)
2,078
926
3,004|(24,105)|| |||||2,078
926
3,004|| 45