AL8YN SCHOOL LIMfTED
REGISTERED CHARrrY NUIIBER SC0083
COMPANY NUMBeR SC026743
CONSOUDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
12 CARDEN PLACE
ABERDEEN
A81D 1UR

ALBYN 5CHQQL LlWtfED
CONTENTS
Pa9e
TrLthes' rewt
Indepwdenl 8LKliWs
9-11
Slatementol fmarKaal aCtI￿S
12-13
Balar￿ $1*8t
Statementaf Gashfitrjjs
16
Notes tothe finant¥alslaierr￿Ls
17-39

ALBYN 5CHQQL LlWtfED
TRUSTEES. REPORT I1￿LI1D1NG DIRECTORS. REPORT AND STRATEGIC REPORTJ
FOR THE YEAR ENDED 31 JULY 2025
Tha TwsiÈes weseni I￿1r annual rtW1 arwjfinamxal siatwients the yearer￿￿ 31 July 2025.
The finanual slalemenLs have been prepared in acC¢)rd¥￿ *i"th accountiry ￿KieS ￿t wt in note 1 to the financial
statemonts and ComF￿Y with Iho charitable c￿￿Pa￿lS ￿1￿￿0rar￿tn and Attides of A￿S￿￿all￿n Charthos ard Ttustee
Investrnent Iscouandl Ad 2005, Ihe cha￿th￿ AC￿nts.sco￿￿I Regu￿1￿￿￿ las aMer￿edI￿d.AcC0￿lI￿g and
Reportsng by Chartbes." Statetnentof RecarnmetNled Pr&tLe lo th￿tse5 wepariDg IhfflraEEDunts in aGcordan(x
YJlth Ihe Fnancial Reportin9 Si8nO¥d UK of I￿Trand IFRS 1021" leffeai¥e 1 January 20191
Obj2CtNes and activthe5
principal actmty ol the eharitsNe (fJrnPaly set out in Ihe sikn*s g)veiniw dI￿T￿rt the ￿er￿)rand￿m and Articles of
AwJa8tiLm, continuesto be the cond￿1 of a¥clKMA on a r￿ts￿. As a {ThseqUen￿ ofth15 has
alus furtaK purwses
s¢nooi m8k6s its resowces ft￿pU￿ u8e and iThknr#J rwms hals.
The schorA rnainlains a fee assrsled scherne a rn￿5 lested in order to putxls to attend AbyTr Sch￿1
WOU￿ not bè abltr to do $0 Wthts￿ fina￿81 a￿$1*¢￿. Fee redLthtts as a of this scheme lang8 from 2￿A to ICKJ%.
vaue ollhe fees assiS￿[re knd dBlfjM1Th￿ an￿￿*1￿ ty the
Inv8slment powers ar8 gov8rn•Y by Ihe aThY Arthyes ol A￿0>at￿. perrnrt the fvthids lo b8 inv&sled ID
Ihe rnannershown In Ihe Inamal 51aknents.
The Albyn fow￿$110n
The FoundaiK)n ￿ a Charitab￿ conwanYw￿ch is a 5th$￿lary of Ajbw s¢￿)￿ Lrnited. Il's main objective
the advancement of edw8tion berefil. The fOunJa1￿ aims ro ra￿ monEs through *arious tundraisrvJ
ilialives and donalions IDr the wrpose ol granbty atKI establi4irvJ ￿[sai￿5. sch(Aarthips. and piizes. These bursanes.
SGFKklar5hips and wze5 Mll be avratded to ￿Y CharItaE￿ educalKnal estatrArthtnenl wroved by the tFuslees and to puixls
8nd S￿dents S￿￿y1n9 al any oflhese aryoved ¢￿￿81￿81 eststAisM)ents.
Strategic report
TFP dpsGIipbons undBrlhF headiws-AthBvfjwts and [￿[￿[￿￿-arVj fi*ntyal tF¥iW+V' tnBel the g)mp*y L8w
requirefftents forthe Trustees lo sKesenta strategw"c reFxrt.

ALBYN 5CHQQL LlWtfED
TRUSTEES. REPORT I1￿LI1D1NG DIRECTORS. REPORT AND STRATEGIC REPORn ICONTINUEOI
FOR THE YEAR ENDED 31 JULY 2025
AchI￿8M0nts and pgrformanco
IntroduGtior5
Ths rep(rt summ8fises Ihe life 8nd SCW 12 1 &W4ust 2024 10 31 July 2025.
PuplRoll
Dunng Ihe pen￿ of this rewrt Ihe SCh(X￿ a d￿￿ease. The roll Wd5 E49 at the start of Ihe acadeffl￿ lear in August
2024 and decreased to 612 by the start ol he new acadeffl￿ Ye￿ in Augjsl 2025. The rol in Nursery redU￿d during
same ptrric￿ trom 84 10 74 with Iro 8v8r*)è b8wvJ o1LK) d￿179 th8 y as knls jcin•J ￿ roach1￿ ths kty 89as ￿ two
ree years old.
A¢adernicthtevemwrf5
The sth(x)I continued to See eXcel￿nt of a￿l￿e[￿en1 in senKY exannations. The tA)le bdow 5trK>W￿ So¥￿e key
mdncs".
Nationa 5 IS41
Hwjter IS51
9r
AdVan￿d IS61
88%
Passed IA-CI
Giadc A-6
93%
74%
Grade A
65%
55%
erall, these resutts are On￿ agaw) very striw and eVKIen￿ Ihe dedication of tx)Ih Ihe pu￿￿ and ieacher5 over a
Sustained peri￿ as wel asthe.eSwr￿ w(NK*d by tt* sdKKA to hdp (xjr Me1ra(Zde￿￿c goals.
5chtxY contsnued to ex¢d in Ihg 5wxbwarena b5t ygar.
In hDGkey. fve putxls rewesented the sckKxA a(ross the Granite Cty rnen 5 teams at sCott￿h Hockey Finals.
Two senior scho& 9irfs sdected 10 reweseni the Nrth Di*fl in the Sth)tbsh F*)¢key U17 Ntrib81 SQU￿ for 202&26.
TFR) Senitr Fbckey Fi%1 Xl were undefeatsd In th8 regow qu*if*s ieWese￿rpj th8 of Swiland 481r￿1 lh$ Swth.
In athlebcs. were iN1N￿￿oI P7 and Sl gits in ts Scottth S¢W4s Road ¢￿￿OnshiP races. which.
botr cases. were repeats of ￿n5 In the wevious year. S1 girfs won the team gokL a150 repeabng th8 su(xess of
preV￿u$ year.
In netball. the was re[KeS￿led ￿ tl* Al)eThleen thstr￿t by Ilyee senK)r girfs ￿)SS the U17 and U15 aje
groups with rrfthe pupls grAfvJ ￿ to represent 5￿marK1 at U15 Nathy￿1 Academy tOLYnamenl he￿ in Enyand.
Th8re wereabo olherrK)tablp SIK￿se5 in Iwtbal. awKJ golfthrol￿0UI Lhe yBar.
In M8rch 2Q5, Ihe sch(KA ho5￿ wan1￿1 (wr Cxoss County chamF*on$￿ps Iwentrfftfth til￿, whxch aurac
ver 1.7￿ k￿S al across the East. B(th staÈ arKI I￿eper￿ent represenled giwng chldren an Ideal
opwjrtunty to gel actiNe. This ￿ a key event In Ihe Scl￿'S ca￿TKI￿ and the airn is to (xjntinue lo grow pa￿1patIOn e
yaar, in¢l￿J1ny as many new s¢hty)k as pos*b￿. In thè same ￿n. the hthj Ab￿d￿ Tr￿ Champ¥Jrthips,
which were also o￿n b) all schoo6 in the and ￿ *iJer weas.
Charitable staliJs8nd (*ani8bJe
Ttrt ser￿ ccntinues to offer In4ir* the Vans ￿reed tre Olfice ol thÈStotbsh Charity Re9Llalor IQSCRI
During the 2024-25 year 57 frrrfK ￿$8 recerrt ly￿r6 lesw gJPPOrt. 34 of wlY)m recei￿ 100% assistsnce
total value atlhs In fee ter￿￿. equaknl to £787.￿7.
During the y8¥, CMlinu•Y 11$ associatoi wth Edinburgh Renthry. a L*lh-based SO¢kg18nlerpris&. tho aim io
put an end kn waste by peop* c(wnmwitEs the S￿15 arKI LVkKwlunitEs to S¥e rnore sustsinably. Over ffiy
persM81 c£Thwters. xreens ar￿ other ff hathare were (knaled ¥thi¢h ewred these woducts cwkl be rest￿1
rpused byf￿￿11.eS thatwOU￿ oth￿￿Se tK)I b2 ablp to aff¢￿￿ ￿ thvices.

ALBYN 5CHQQL LlWtfED
TRUSTEES. REPORT I1￿LI1D1NG DIRECTORS. REPORT AND STRATEGIC REPORn ICONTINUEOI
FOR THE YEAR ENDED 31 JULY 2025
Jr ¢ommmity tontimups trj bÈ enttwrdgÈd tts ¢t¥ikntArtÈ trj a trJtture of 9MfVJ. of our four dans 898in selected 8
numb8r of k¢81 ch¥nl*$ al Ihe beg•"nnirvJ ol Ihe *ith (kJnaI￿S mad? from funds raised duriwJ In-s¢hool
events. The charities chC￿en Ihis year were CHAS (House . (*r(k)nl. Refugee Unk?n (House . DougL4sl. Charlie T(xld
F(xJndalion IWou5e- F(ths1 ar￿ Brain TutrK)ui CharTly (Pk)￿e- Sknart}. The ￿￿O1¥eM￿t of fo￿ cjasses in ￿eSe￿knng
selecting their Clan charibes r9nr0￿S ￿a￿e[S￿Hp. learTrwrt thin￿ng skilLs. Whi￿ ensuring that studenls hav8 a
real voiGe ￿ shaping Ihe schoDI'5 Charitat￿ itnpact. These iniiatives detnonstrale the schod s comtniltnent tD social
Yesponsibilily ¥fKY the Albyn values of enylhy. gen4￿ly, 8fhJ cor(Ymunily engagweni. Tr schod also hehy olher
haritab￿ events suth as setbry up a Gmro Tree, wtrich has re￿Ned over 120 donabons across the ￿h0O1, our Feel
Festive - Selection Box Appeal. kyith s￿ect￿n boxes b￿ng ¢kxwled to var￿5 charities Incl￿11￿0 VSA. kncal Gare homes,
Instant Ne￿hbOUr and AtEmeceswtses. As part of its Fediry Charilth canwavJn, tIE sdKxH ma(k a F(x)d Bank dDngt
rive to b8nefil several l(ul fo(¥J banks.
si8ifmg mattèrs
In j￿￿ary 2025. ¥ reuurfmenl rwcess ify)k yace 10 3prxynl a rew He8dte8thr to the sch?￿. hAr De￿1￿ Ststhck. w¥$
forThally app(xnted. haviw been the Head1eachw￿[￿eAprI 2024 arKI teactrmng attthe sch(x)1 gn(x 2013
In ordèr to stierwlhen key stsattsji artra5 afKJ ènsure leadÈtship across ali areas of the sdx*)fs atliwtie$ both
teathing and p[r)le5￿0￿￿ serwces areas of s￿￿ Lpadet5hip Teatn ISLTI wa5 reslnxlurBd the Y￿r.
Tris wll also deliver Cxlst sawrys li yeaE. These rhar¥JeSttt￿ effect from l Awsl 2025.
Th8 school undertook a rewew of the day-tw culture cal￿d 'PAJilding Bekwing. whith had widwread 51aff
engagemetrt in al are35. A r￿ge of cm5Jucb¥e resuPed. wtlh a to continuing kn enhan￿ Ihe working
environm8ni for al siaff. oflh? ktry a¢tsMs r8wltad in a arwals￿l4r￿al reWeWs￿8M fortha vknl& schwl.
Staff turnover for the rerna￿ed k)w. in line *ith we¥iou5 ￿[s. Duri￿ the rA)urse of the year. the srJKX)I saw 2 slaff
relye 8 other ￿av￿$. There were a 12 slalf as a Tesult of tre conclusiw ￿ t￿1[ fixed lerm wntracls
wheie they had be￿ ervjaged to cover maternty ￿aVe. Iwterm sI(*r￿Ss orwEte urKlutthtVJ speGrfIc short4ettn proi8cts.
school also Weltomeé 7 new wnbets rl Stsff Fllo rcAes.
Absence leve& due to SIckr￿SS statt [erTra￿ bekM se(kn average an empwe aSSL%￿e proyfatnme is in
ple￿. ak>w with O¢cupaiK>nal Health servles. io support The srthfyy ¥tso bunched rew Staff,
which nclu¢ed MetK)wse al Anti BUty￿g atxl SubstaThxAJNJse.
Albyn Sthol conbnues to be extensDiely inNI￿ve￿I hi Ihe zcbvthes Jf Ihe Q￿l[lea￿On5 Authorty ISQAI. In 2024.25
¥orne of our leaching staff were InV￿ved SOA thitses across a varEty of subjects 5uth as Biology. Business
Management. Econottics. Engineering Saen￿. ErvJksh. French. 4¢st(ry. M21h5. Mod￿1 8iudies. m￿￿C. PE, Spanish
Statistic5 and at al lerfels". Nati(Th14. NaIion￿ 5. Hvjhprand AdV￿d ￿￿eT. Ajbyn teathers have Thrked ex4ffl5 al 0[￿ (
m￿? levels and alw ba￿ ass&s8mwi m*%vers. leam b8d8rs. avent verfws. Weslion papar Quality assurtrs, WSSlknn
writers w vis￿ry assewrs.
Fiirt(Ira161Iwpr￿tKes
Lookng ahe811
Fundra￿ry B now a svJiwfi£ant part ol Ihp sch(KA's f￿S due to extetnal fth im￿ting (xJr13rgest tradI￿nal income
slr8am and Dufcosl base. M(Ke details Bre in the F￿at￿?￿l ￿View.

ALBYN 5CHQQL LlWtfED
TRUSTEES. REPORT I1￿LI1D1NG DIRECTORS. REPORT AND STRATEGIC REPORn ICONTINUEOI
FOR THE YEAR ENDED 31 JULY 2025
Flnan¢lal rovlow
Fee assistance scherNJe
Tr s&)￿1 coniinues kn offer 8 pro9￿Mn* or ree asys￿* s ¢)pen kn any family, p￿sen[ or prospedi¥e. where U
pr¢sp8a ol payiw full lees Is rrtthibibw8. In to alkw abl? writs %tho fall into ihs ¢*gory lo ber*fil from the educali)n
provided by Albyn S¢Fwl 8ppS¢#ws are invited paren& F>nity irwT* ts tY*awred in 10 d818rn1ir* whether
they ar8 eligible fty fee asgstsnce.
As noted on page 2. pupi￿ from primary 6 to sett1Th￿ry 6 ber￿ from the ptowime offèe asstsknce. In 57 pupils I
2024.. 55 pu￿1$) were awarded fee assistsnce. 34 of th)m r8cefv8d 8SStst0r￿ of 100%. Th8 Cost of the f*e 8ssistsn¢a
wa5 £843,é2412024". £7i8.7651. Thp Aknyn F￿ndal￿ IhB ￿ Io as¥￿51 farn11￿5 receMrKJ f* as*siarc8
fLrlher by way ofeDnkn￿l￿n tow¥rds th&r exwses. No ￿ch wasreque*edduriThJ the year.
Finall
Tolal in¢onE for Albyn Sehcd amounw 10 £11.163.173 {2024." £12.122.6311. The key perf(xTha￿e ir￿le810r ￿ fee incfxy
which w8s £10.6M.79212024." £10.167.2951 Te￿ exrthditurt8nKwni¥d 10 £11.744.64012024." £11.434.2181'Nith tha main
caleg(Ky of expenditure aG￿n bÈkig stsff costs have InCr￿aSed Irorn t8.049.641 In 2024 10 £8.277.546 in 2025
Average si•f nuThbet5 throug￿1 the year were twoadky Ilal detxwtwJ fr(Mn 165 in 2024 to 162 In 2025. An overg11
net deficrt 01£579.961 12024 £690.238 h*s been gen9r8￿J.
To￿1 d$s￿n￿ed I￿0¥ ￿￿JnI?0 10 £868.(K)112024". £￿.[1￿). Thes8 relai8 10 leg**swlich w8re18ft byfomiei pu￿lS
Total fund$ of th8 EtharfaLle coryèny attyxvrt to £6.43425312024". £7.014.2141 arwj Ihis corNsts of unrestn¢ted funds of £
4.977,82012024.. £5.￿2.304) desgnaled I￿r￿S ol £e68.(M)112024.. rth68.(YJ11 aThl resbicted funds 01£588.43212024'. £
593.9081.
Cath al bank in atthe year-erKJ atrK)urrt￿l to £585.606 IJJ24." t1208,￿5} theg￿￿p.
Barl¢ debl year-end %%¥s ￿ 99).52513)24: £4.449.6821.
poli¢y
FL¥)ds hdd by its schcd a￿.
Unreslricted funds. ¥e fU￿S Ihat can bt Ltsed the thatikNe aithe discretK)n orth8 goVè[r￿S.
De￿gnaled funds. a￿lundS Ihal have be￿ set aswle by ltro trustees speofr wir*)ses
Reslncted fund5. sowces offijnding recothl 5yatety ¥there restrictsonsare vnposed byd￿￿orS that arenarn)v￿r
Ihan the 5chix)fs overdl Chartsb￿ obFct5
It B¢arrfs i￿￿￿On io devel(p a reswves that iruease ￿ maintain an 8ppropnale levd cl unrestride
vthing capital funds into the fulwp The polGy %Yll e[￿j[e the is finatKialty secure foy the lory term will provvj
Ihe furxls tOSup￿ rts str81egK air(6¥Th1 ebpatwes.
The tota reserves kne sclKK>I Gon￿St of unrestrLt& arKI restrithl {ap￿S. furKls diredy rdaled to asset purchases,
Prize Ènd otherfundsl. They are wholly iwexed in fèclitiÈS ertsuri￿ thAt ddy-itrdèy edutrAb(fftèl needs Ère met. The s
thoDI h& made u88 of faciltknes In oreer lo finatKE rnaior c4itsl eX￿lIu[e p[D￿tt$. 11 ts Ihe ￿lard￿ in18nlK)n to
reastr r*erffi finatKes ￿￿JW *¥J 10 r8duGF lo 5upk¥xI the IviutB dF¥ekJw*niof IhB sthwl.

ALBYN 5CHQQL LlWtfED
TRUSTEES. REPORT I1￿LI1D1NG DIRECTORS. REPORT AND STRATEGIC REPORn ICONTINUEOI
FOR THE YEAR ENDED 31 JULY 2025
lai0T￿￿*S
The Board is res￿r￿e for th2 managevrent of risks faced by Ihe S(1K>￿. Risks are Klenlffied. ass￿Sed and (x>nlriAs
esiabhshed tr￿9￿)ut tre year. sttth¥ tisk revtiv pr(Kesses a¢ u￿ken 8mJally. Through these processes U
Trustees ar8 salL8fied ihai m)￿)r rÉks Hknlified bew *J8ty8I￿Y Mil￿ where r*¢o5¥8ty. 11 wonis8s that
systems can offly P￿v￿je rea$￿a￿e. bul ¥by￿￿e. assuvtt lh* maic* Tisks have adequafrty manè*d. The
proc8(knral wnlroLs used to manage ihs sch(A)fs risksarg 8sf(Ak)%Ys'.
Clear terffts of refÈrÈrtÈ for toles antt resKth$blit*S. fts[ff￿ ayer￿8 kn Board mÈetin99 *bJ the Schtd Leadetship
Te¥m (￿TI.
CLynprehensve Strateg￿ IJk*a1Kr￿ plamiro. ivdgetw. m*wen*nl ¢ontrd f￿ar￿al reptrting. ¢(￿dLe1&d
a Board and SLTrneetngs.
Cle¥ struclured lines of repDrfitNJ.
Fottnal approved Ymtten pol￿e5 Whe￿ [￿eSsary.
Cle¥ aut￿rE8￿n and apwoval w al kv*.
' Foimal risk raLiSter and marw)*n•ttrrfc¢8s8 caryi•J tyjl a￿UalY.
Risk Man8geMent￿lI&e$ 8ncl0tyed￿es
school's op8ralions eiposo il kn a v*ely d fn>KJ¥I 0￿r lisks indLwYiw cr8dil. liwhJity. intsresi rale and
reputationalrisk..
C￿(*t risk.. The sCho￿S rnain 50uTe of ￿coMe fees *thich are vEwed as crEdil risk. Th8 am￿nI of
ex￿Ure a5S&5sed resNJlatly by Ihe Boad.
L4uidity nsk. The sthcd's poI￿Y Is b rn8intsFI ¢ash b8Lgrtrs we sutttienl for its operatsons. The external
faclrxs mled above have increased Ihe risk in th￿ and is a further rea￿ lor th& scIKK)I's fo¢u5 1
generathg ott*r Income S￿amS and cost S￿(￿e5.
Interest rale.. TIE Scho￿ has lOar￿ a¢crue inleresl atfixed wdrialAe rales.
Reputabonal." The SGtvJd. *e any oltr￿ itvjeperthnl Lpwdles in ￿ en￿rL￿[n￿Trt wlich, by ts very t￿lUre is
e¥ro5ed to rekwtsiKral risk.
Plans forfwlu￿ period$
Thp cdebr8tes 100 yÈats in its C￿re￿I homtr in 2025 pl*$ ￿ use Ihts Im￿￿an1 Mi￿$10ne as a Lgunch ￿ for our
fwe year Fundiai&ng stsal*gy. Th* aim of ihts *rai8gy i? to suppkn6ni tradilixal la& irthm& ￿1h phiLgnthio•¢ don81ions to
be used to lund iwo W caryagn5. Wh￿ fixm pwiof sch￿￿'S StratesY"c ￿an. The frst of these Is ￿r-spa￿s lo Grow-
iliative. v4hiGh focus on the ￿evekY￿￿t of our Cu￿'S RO￿ ￿￿puS foGusing y￿fiCAllY on the redevelopment Df
ults'￿1 pkyyiuuiids aiid and akn Ilie baitsf(mii￿I￿￿ ol uui diiifpJ atid s[￿al liuJ. secuiid priofily is
establishment of Ihe Abyn But5ary Fund whth will Bn5ure It￿ sth(MA Glll continue lo fuKIl ts f￿ndIng principle Df
empowenrwK through OPFthunity by m*irg an Abyn educ¥bon ￿ee$s1ye lo raknted pjpds from 81 b8c*9rounds.
11 is expectal that the wll (￿nue to chaI￿r￿st0 pupl llLyDbe￿ In the atKI tetms due lo Ihe
commerck41 headwinds aff*cbNJ thè 6t(￿¢￿￿Y in Aberdetrn the SLyr￿nd1￿￿ a￿. The $¢hO￿ Wil ¢ontnue tts
ensure thai ts ts)st base isa5 a5 pO￿lIe to ThillThi5ethe I[Tr￿ that *ry red￿￿K￿ in f* InL0￿ rnay ￿ve on c*h
o¥v
Structur•b 9ovomDnu and man•w•nt
Albyn Sthad LimrtÈd IS a charitatr￿e Iirrnted by gjaranl￿. •r￿ated on 21 De￿mber 1918 (company
registration number SC0267431 and a char￿1 rwi5terd in SCo￿d Icharity registrakn number SC(K>B3921. It 15 gov&m8d
by ts Metnoran(lJtn Arlides d Assoc￿tion.

ALBYN 5CHQQL LlWtfED
TRUSTEES. REPORT I1￿LI1D1NG DIRECTORS. REPORT AND STRATEGIC REPORn ICONTINUEOI
FOR THE YEAR ENDED 31 JULY 2025
IkganisaEional slructurp
The school Is adrnirustared by its govuncrf&lnLStees. A PR￿ of extstiry selects member5 Df the governing tr*)ty.
There ar£ tsvo ways ta obtan nOrnInati￿. A M&￿be[ Ihe swxxt LI al least Ihree other tnernbers n the ft>m ol a
5itnpKg létt￿ raqll￿t that nam@ is add￿d lo 1st of lo be for e18cl￿n ss a gDv8mor at th8
AGM. A rnember or nIKH￿e￿nbPr can be ￿enti￿ by a? eK5ti(VJ JD¥erTK>r and be asked if he[5￿ Y￿Uld rA￿sIder bping a
vgrnor orc*n pwsonally trxwFss8n inieiesi in bec￿*r￿ 8 eirF¢Yy.
Govemors norrnally sep￿ ￿ a period of fve year5 and rnay be r￿ect￿l for a further period. Other than Chair,
￿M￿rg of the B08rd art not ièmneram ftr wvices thèy wovvjè but can bè ÈXPBCt￿ to give a great many
The gov8rntys me81 r8wlarty lo administer ths act￿￿ of the schocA, tog$lh$r ￿th Ihg Financs and other
SU￿c￿￿￿1ttee5. have theydeC￿D￿S raljfied by the Board. The day- t(￿daY tnanagernent of the schod Is undertd(An
by Ihe hpÈdteathÈr, and thÈ of the SLT. The ¢f Fin*Ktr. is mainten*)tÈ of the finandal
cord5 of the sdN)d.
New governors are erwura￿d to ￿r¢￿jp* alw sernw5 ts1 are runby aFyrw4te Org￿8￿
Inducbon and I￿￿1Th9 oflhe govemtys Isseen 8$8n r¥crtess. Tr gts¥emcws ha%* wewed di8VJS88d Ih
"A¢counlFig and Repming by Ch¥il*S". s￿l￿en1 of Practic8 app&¢*￿ lo ch¥tses prep*ng ￿Unts
aCc<)rdan￿ wth the Fina￿al Rewting Sts[￿￿ app the UK and Repu￿￿ ot Ire&nd (FRS 1021".
Key rnanagetnenl pe￿nn￿l (the SLTI ate rewKJnetat* referen￿ to itNlepEndenl yJtvey5 for axnpardlive schwLs
pay sc*ks for the *ate sedor equN¥lent The Boards R￿vr*r¥t￿Th vcthf)ittee n￿ts ￿n￿alty to ¥Wr￿e 811 pay
awards.
Rolatic￿shlp hvith r91atBdpartY9S
Th8 Abyn Foundati￿ Is a wholy 0￿78￿ subSwJ￿ty of ￿byTh s¢￿XI Lmhj. Graerne B￿1 Is a diractoc of Th8 Albyn
Fwndaban and akn a trustee of ￿byn sc￿ ￿ffiited.

ALBYN 5CHQQL LlWtfED
TRUSTEES. REPORT I1￿LI1D1NG DIRECTORS. REPORT AND STRATEGIC REPORn ICONTINUEOI
FOR THE YEAR ENDED 31 JULY 2025
Rgferonco and ￿nIStratIV* InfOrn￿on
Charfty narne
Charity number
Comparby number
SC026743
Bwne55 Paull LLP
HBadtea¢h•r
David Stathck
KÈY Management
Graen* Patk
Prfn¢lpal addres$
17.23 <￿een'S R03d. Aberdeen. ￿15 4PB
Registered office
2 Manschal Square, Atsrdeen. AB10 Itx)
Audltor5
MHA. 12 C8rden Place. Aterdeen. ABIO IUR
Principal bankers
HSBC, 9&99 Union St￿( AbptdBen. AB11
Soll¢ltOfS
8LYne5s Paull LLP. 2 ￿ar￿1 Square. kndeen. ￿Al0 1DQ
Inve8tmerffvnd man4g¥r
& G Inve5trnents. Govern￿$ Pthe. EC4R OHH
Trust995
TFE T￿slee$. who thè dwECt(Ms forttr* puwposeof¢offwary L￿. arvj durirg the year arK1 up to the dè
of signawreof the stalern￿ts wwe.
A Hutch￿
Yule
D Kkckan
G Btrll
G Rogers
H McLeman
J Webster
J YourvJ (Chairl
L Clark
M Bar￿ett
M ThEI
S ¢JivEr
(Res9￿0 31 ALgJSt 20251
(Ar¢K￿nted 4 Swréw 20251
(Re￿gned 31 Juty 202SI
IAFW"nteO 6 Januwy 20251
IAFyMnled 3 Septenthr 20251
{R￿ne￿ 31 Juty 20251
{Apyynted 4 N￿rfernber 2025}

ALBYN 5CHQQL LlWtfED
TRUSTEES. REPORT I1￿LI1D1NG DIRECTORS. REPORT AND STRATEGIC REPORn ICONTINUEOI
FOR THE YEAR ENDED 31 JULY 2025
statomont of TnJ$ts$$' rgspon$knl&W8s
The T￿sleeS. who areas0 the dIrect(￿S af SdKxI timrted frwlhe kw. reS￿n￿bI2 for
pre￿nn9 tkt Trusiets, Report tr* fin*o81 stsiewts In 8Ctotd•)* ap11￿ law 8rKI Unrted Kirydom
A¢Lounling Siandards Iuniied Gerwaly Ac¢eDted Acccwning Piacbc&l.
Company Low requyes the Trustegs lo prepwe frnarwlstst¥wts foroach fnaro81 y88r whth a tru8 and fay of
e slate of afrairs oftschantable c￿n￿Y 3rk1 ofts resources apOK3ticn of resources. Ihe
otne and expendilurp. oflhe year.
In w8wng Ihege finarKki1 siat8ments. Twst888 are r84uwed to".
-sel8cI suitsble ￿￿til¥j FXA￿l&5 atKI Ihen Iheffl ￿￿tStenty.
- d)serve the melhcxlsand pmr*Fle5 in the (J8rit*s SQRP..
. makejudg2rnents and estimatesthat are reason￿ prth1enL
. state whèther a¢Pl1¢ab￿ UK Ac¢iJthtiNJ St2)daN* h*e fokvwed. subi*x to any Its￿181 d6partwès and
explained In the fin￿¢￿ statementy.. aThJ
- wgpare finaKral StsIen￿ts gory b39s il is napwrfjwte ty presume ihal Ihe chari&9bl8
cornpany contiwe n op2rakn￿_
TNslse$ are rew0n>￿tr adwai•&eoJnknrwJ rect￿¥ thai dÉL*xe w*(￿b￿a¢¢Ufaty ¥1 any time
the financwl pO￿tiOn oftre th?rit￿e company and emble Ihem toensure t￿t fina￿1￿1 51alements comply'Ailh tre
Charthes $ThJ Trusiee Investmeni I'.ScoU¥ndlA¢l 2(M)5. chan￿ Accwnts ISo)Yandl R8gulaih)ns 2006 las amend•YI
and the Comparmes Act20(￿. Thty are 3Jso resp￿S1￿ef(￿ &?reward￿9 the 2ssets ol the charrtaNe(x>ryany and hence *)r
takin9 rpasonable 5tep5 Ihe wevenlion ￿K1 deleclNJnof frdud ￿K1 I[r9w￿￿beS.
Auditor
Iii wilh lh&￿￿71￿ys aiipJ*. a re9￿ul0n thal MHA ba Ie4wn￿j as audilor ol ￿JrIval1Y Wil
put al a Ge￿ra1 M¢w￿g
Disclosureof infonnation to auditor
E8¢h of ￿eTrUSt￿S has confirm2d Ih31 there ks r￿ information we is rdevant to wdi( bul of
which audi1￿ E unaw819. They h?¥e furtbw cwffirm￿ Ihal tsksn ¥ppr(Vi¥k¢ Steps to vjenlrfy such rdevanl
formation and lo esiaAish Ihatthe ￿diti￿ is a￿￿e of ￿ch Irth)rrr￿1i[X￿.
T*￿ Trustees, rewt wa5 awoved by the Bwd ol Truy.ees.
J Youry IGFk3irl
Trustee
9 J8nJ8ry 2026

ALBYN 5CHQQL LlWtfED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS AND TRUSTEES OFALBYN SCTrIOOL LwrrED
Ownion
We have aLKlited thefinancwl slatements ot￿byn S(*th ￿rnited (the'parenldHilable awnpany'lfor the year 2nded 31
July 2025 wthich (*)mpnse tr*9foL¥> ar￿ r*atii8bk ¢x)nwany stattri*ni *tMlies ￿¢￿J1￿4 Irwme *d
exp8ndi￿reacwjnl the group arQ ¢￿Tabl9 ¢cYwany baLgnc* sha￿. ¢8thllthv 8ThJ nolas lo ihe financi81
5￿teMents, includrg $9nthc2ni 3¢c￿n￿n9 The finaTh>J rep)flry franewfyk tt)at has been appled in their
pr8paralDn is ¥PF4icabb18w 8nd Unrf8(I ￿A¢¢(AnDrO Sla￿¢5. YJ(JJding FinanoJ Rewrtsng Stsndard 102 The
Finanual Slandard apphcaIile M Ih& UK off trela￿d (Untec C*neralyAcLepted Ac￿n￿l¥j
Prac11￿1.
In ￿r0¥An￿. Ihe IlnandJ stsiernenis..
9ive 8 true and fair wew ￿the swe oltr*grow¥¥r*Y the chari18ble ¢0ry8nYs¥ffairs as 8131 2025 and oltrtr
Incorning resourc8s ¥nLI of re$w￿. iKJvdiThJ irKTh and exp￿11￿[8, forthe yw th￿ 8nd8d."
have tr*en pr(yrfy prep¥81 in aCCordan￿￿1th unit￿ Ge1￿￿lYAcCepted ACCoLniY￿ pract￿..
have been yyed in ￿rIanCe rhe requrements¢fthÈ CthnpanEs Ac* 2￿, ihe Charibes and Trnwee
In¥eslmenl IScolan¢l Act 2￿5 and reguLgliw 8 d ￿ CharitKJs Ac￿rts Iscouandl Rewblims 2006.
We conthcted OLJr audit in accor￿￿ Internall￿ sta￿ards on IUKI IISA5 IUKI}3nd app&cable law. Our
reswKNblibes ￿der Ih05e Sta￿ardS are fijrjw des{￿be(l in Audilols ￿￿)0￿￿￿￿treS forlheautsitofshe financial
lalgfflenls of(xr rwt. WF are Ir￿￿8[￿Je￿I oflhe •¥J lh8 1*Wtab￿ in accordance wth the ethKal
rèquirew*nts that are relevant to our audit ofthe finartia stalerneits hi Ihe UK. inthdiro the FRC'S Ethical Standard. and we
have fulfille4 wrother 9th￿al resp¢msIExl￿es in XCOrdan￿ wIreTh￿ts. We bekevgthal Ihe wd9llC£
have obtained ￿ suffiaenl aprKwate to WOVKle a bas￿ otMt*on.
Concluslons relatlng to 9olng ¢on¢em
In aud￿ng the finanoal statements. ¥*e hawe umcknded tha ts T￿￿tee$. ￿se0fthe wrKern tr0$￿¢[¥¢￿￿ntin9 in the
pr*p8r8lv)n ofth? fin8rti81 S￿1￿￿ntS 8ppro¢wi8
Based YA}ikV￿ have perfo￿*d, ¥¥e NI￿tified rnateri4 UrmErta￿lIeS tplating to events or conditi(￿5 th•.
lid￿1￿U￿1Y ￿ ££ll•Jivdy, rnay c4$t $wif￿art dtyjbt 9￿jp sablty io as a wing cmm fc* a par￿d ofat
asl Nvdvernonts Ircrn when the fir￿nCl￿ sraterlwts are athh(￿sed for iswe.
r re5pongbilitie5 8nd the respDrtybliiEs T￿$t￿￿11h reswt lo (wetn we ¢JescriW in the rebvant
sectx)ns of rep(wt.
OthAr Infornatlon
olhw irformat￿ll ¢xryKws the inf(KI￿al￿ i￿1￿190 rewrlolher Ihan the fi￿CIal￿￿tern￿ts and our
audilofs repth thereon. The Tru*es are f(r the nf0m￿tKIn c(xtsined Ivilhin the report Our
opinim on the finanual statements does not cgverthe other ￿f￿na￿D￿ aryd. e￿ptt0the extent Olhewse eXplic￿Y stal
our repom. we do not exptBS5 any fonn of assuraKe Co￿u5￿1￿ (we￿. Fdsponsiblity 15 to (pad the infotrnab
8nd. ikning so, conS￿erWhethe[ tre ottrw i1r¢¥mat￿ 6 n￿lerialty ¥￿h the financial •￿ements iy our
kn¢>w￿￿ge obtsined inlhe wurse ofthe audil orcAlwww warr to be rnatsnally m￿trIe¢. Ifwe idenlfy such material
knconsistenoes ￿ app¥enl ma*n* m6stat￿nts. * ¥e requ*ed to detemne whetsr thts gives ri$8 to a materi*
misslaternent In the fina￿1￿ staternen15 Ihernsel¥es 11. based on worltwe have perfotmed. we fA)ndude thai there is a
mattrri* mi&8tatsment of this othti Mrfowmalitsi. wtr 8fy twttd lo Iwjrtthai lact
We have ndtrirvj to report n thi4 reg¥d.

ALBYN 5CHQQL LlWtfED
INDEPENDENT AUDITOR'S REPORT ICONTINUED}
TO THE MEMBERS AND TRUSTEES OFALBYN SCTrIOOL LwrrED
Ownions on other matter5 y•scribed by the cO￿￿nieS Ac12006
In our0￿n￿￿. based the Y￿rk un(lerlaken in he COU￿ of ijuraud
Ihe inforrnabon gven In Tntstees. rep(Ki far Ihe fnarKial year fl￿ %¥l¥ch the f￿alKjaI siaternents are prepar￿. whrh
indudos tho diroctors. rewrt 2rKI the strato9￿ prep¥od for puiKsses ofcompany ￿w, is cx)nsi&￿￿t wryth
fina￿la1 5taternents.
the Strdtegie rewrt and the report incbJW within ts Tr￿tee$.reFth have been prepare<l in a¢cwd￿¢e
ap￿I￿L￿e kggl iequireThEnrs.
¥atteY8 on whl¢h wo aw ragu￿ 10 rewi by exce￿[0￿
In lh8 IvJhl ol the knowbdg8 of ts cFwtsbb8 c¢JMpany aThJits env￿n￿6n1 ¢b￿n￿j In ihEI ￿1$• ofthe
audit. ¥￿ TK)t identsfied materK41 ￿5state￿￿ts in the Strateg￿r?￿rt drect(xs' rewrt Induded wrthin the Trustees,
port.
We have ndhing lo report ￿ restwt ofUE matws in rebtsmtowhth the CompaThe5 Ad 2(X)6. ttKJ Charit￿$
(Reports Accwn151 RewL4b(ns 2008 kne thari￿s ACc￿rts IS[x)tsr￿l ReguL4th)ns 20￿ requyes us tD report lo
you rf. in wropinion-.
propw rewds have kept. 0[re￿￿[￿s*￿￿jt¢ fot wraudrt haye notbsen rgcei¥eQ fiom branths
not %isrted by us". or
the fhnanrAal ststements are ￿1 in ag￿rnent ¥thlhe rettjms". or
cetlan disckn5ures of trustees. ret[Mjnpra￿￿ SppC￿ed by k%v ate not tnth.. or
we hive not recewed all theInf￿rnth and eXr1￿￿1￿5we requhEtorowaudit.
R•spOn￿baltIos of Trust￿$
A5 ex Jained m(Ye ful￿ the stsIeTh￿I of Tru5tee5" respcrribltlie5. the Trustees. who are aso the dffect(Ys ofthe charitable
company tor Ihe wrpDse of law, are re¥￿￿t* for the Fwa?bon ofthe finanu* staiemenls and for bei
Sal￿fied Iha they give a t￿e and far ¥￿. an(J for s￿h Intetnal contrd a5 the Tnt5tees deter￿Nne Is necessary lo enab￿ the
pr8paralK)n of financia sLknments Ihalare free frum ttthnal Wis5Ate￿enl. whetherdup lo fraud or e￿0[. In preparing the
finewal tstathents. Trusleeswe 8s5È$9ry ihÈtharit*Ae cm1p￿y.S¥blty to continue as a 9Oin9
conwn. as applKatle. rnattws ￿atelY to g¢yw wng ¢on¢wn bags ofaccountsThJ Jnbs$
e Trustees ￿ther int￿d to I4u￿ate theCh￿l￿ c￿Y {￿kn￿a5e [pe￿t￿￿5. ￿knaVe na real*r aknive bthlo do
$0.
Audltorf¥ wpO￿lbl141fyS forthe audll *)tth8flDan¢l4 slat¢nwts
We have been apwinted as audiltt ￿nder 4411Kcl of the Chanties arml Trustee Irr4estment ISCX)￿3ndl Acl 2m5 and
underthe GJrnpaThe5 kn120[￿ arKI report,n ac￿r￿(e wilh theAG:S rekvanl reqU￿tiOnS made or hayng effect
ereun(ler.
(kJrul'ecb*S afft to ubt*n reastrwrkasSu￿¢e thrt ￿1)ethef the￿[￿Gi￿ Statements 8$8 whcle are free froffl material
misslate￿eTht, ffttherdueio Iraud orerr¢K. and lo issue ￿ auitoffs reFrt)rt that irfthyes wr opir¥on Reas¢nabk assuran
a high level ora55￿an￿ but ts mt a guamtee lhal￿ a￿111 accordan￿ vAth ISAS IUKI will always detect a
material misStatementY4hen it ￿￿stS.
Mlsstsietrbents arige trLVn fravJ or er￿￿ *vJ arE¢￿s¥￿d tDatetia if. Indr¢i(knlty or D the aogregate, they cwkj
reasmatdy be expected to infvenee Ihe etxwnr leos￿$ of users tsken ￿ Ihe bass of these fin￿¢1¥ styfrm￿ts
8xtsnl ts wNc* ￿Jr prc¢8dur8s are c8patl8 ofd8iectiw Irro9￿a￿l&8. inthdirvj fraLhJ. Is d*aled tdow.
Irre￿larities. including traud. ¥e inst￿5 of n(K￿A)l￿AL￿￿ ¥%ith and reguktKYts. We deswjn pr￿d￿re5 in line with
ur reSFX5n￿bilIl￿s. vudined above. to deteCtr￿te[la1 fftssta1eTr￿Is in res￿* of YrewL4rthes, ￿d￿lI¥j fraud. The exlenlto
which prOc￿d￿r@S ar@ of dd@cbtvJ vreguknts5. frwd, EdetaiK8d
We Dt*ained an ￿t￿ers￿dir*j ofthe Wl reguL41(xy frarrEth(xks that arpapFA￿abIP io the chantsble I￿ny.
om prov*ion$ oflhose laws and regu￿n$ Iw had a otrtca effe￿ dèlenMma1￿Tr vfmatsrial amunts and discbsuies
i) the finarrial stalenEnts The mst rdevant framemths we k*nlrf*d Ind￿ed FRS 102 ar￿ SORP. the
Companies Ad 2006. the Charthe$ and Trustee Inveslwl 1S(¥daryl) Ad 2(KJ5 8nd CJwite5 A￿￿￿ts lscollandl
R￿ulationS 2006.

ALBYN 5CHQQL LlWtfED
INDEPENDENT AUDITOR'S REPORT ICONTINUED}
TO THE MEMBERS AND TRUSTEES OFALBYN SCTrIOOL LwrrED
We gained an undÈrstaThlirKJ of how thÈ thaniaNÈ company ts thesv laws and regulaiirrt by maki
8nouines ol mana￿￿1. W8 ¢trtobor818d thes8 ￿ViDe$ IhrtyJgh cwr reyTr8w of sutffmiited relums and b)ard meelTrJ
minute5.
We assessEd the Su5￿pti￿￿lty of the charrf3b￿ conVanysfna￿al slaternents to tnisstalemenl. including tM)w fr￿d
tnwhl (￿￿ur by tneebry wlh t0￿derStand wheTe it was there W￿5 su3￿PtILllty to fraud. This
evalual￿rn 81so wnsQered how man•Ja￿eThI 8nd ihose¢hW vAh 9)V￿￿rtr were remLmer8ted 8nd *hether this
provQed an1￿￿ntiVe for fraud￿￿1 aCti￿ty.
We consKlered the o¥erall contrd emironment atKJ how management and those Ch￿ed wlh gOve[na￿ oversee the
npleTnen1ats￿ and aperdlion of In areas of fi￿ar￿al statwt￿￿tS Ihe r￿S were CD￿￿d9red lu be h19k￿r,
e performed proceduTes 10 athyress each hJen"iW ris
The folkn¥viry Pr(￿￿￿￿S I￿re ￿rk)rrTh￿ to W0￿de rea50naNe assuranTr tha1theffin￿￿ Statements werefree of material
frajd or effcr.
RÈvkwng mirxrtes of Meeti[￿ those with g)ver[￿￿ far la brtrathes of lÈws rtyulatits) or
ror any 1ndKats￿ of any ￿len1￿1 litwjalK￿ and even15 w cDndilv￿5 that (C￿ld itvjicale an iDcBnlive L
pressure ta cornmil fraud or prthryde an opwknnity to ￿d..
Re¥ipwng Ihp kvel of reasonitMJ beh￿￿ the dHilable ujryanls pr(Kuremert of lega and prOfeSsK￿31 sptwces.,
• Performing audrt work pro(Edures 0¥￿ the rtsk ol mwIr￿lOVerr1de ofcontn)15. I￿￿Ing testing ofjouma entrie5
and other adjustrnenls for apprryriateness. Ihp b￿nesS (abona￿ of svJnrf￿ant tra￿li(>￿￿O￿lSIdp the
norm81 courso of businoss and r8wthywj￿m￿ls mth )y M*)89￿nI calcukt￿Th ofacwunllrvj
eslimatss for potenJal rnanagemeni w.
Agreement ofthe finar￿1* 5talernenl dLsc*)sure5to supwrtng I*￿￿tatiOn.
BeCa￿e of inhprert litnitati(￿5 of an ￿tt, there ￿ a thatwe*il tK>t detect all irregularttEs, indudin9 Ih05p ￿adIngtO
8 mai*ri81 ￿$S￿l•ment ffin*￿ sialemants £* with rwJig11￿. Ths rtsk In¢i$as4¥ Iha moro Ihal
cornrliancewith a Law or ￿￿L￿bOn B remved frorn thee¥ents and ￿SactiOnS reflected In Ihe fkiantial ￿aternellts, as
wil be les9 h'kely to become aware of Instan￿ of ￿¢￿￿cl￿￿pl.dn￿ risk ￿ al50 great¥ ￿gard￿9 irre9ularibes owurrirvJ
ue lo fr3ud rather etror. as fraud inv(Ave5 Mient￿l co[￿h￿l f(Kgery. colugon. Omis9￿ or misrewesentalK)n.
A futherd&scrption ofow reswn5ibilthB5 IS avalable the Fina￿ ReFxthg Counul'5 4Ythle *'.
htPs".IAwMfrC.￿9.UkIaUdrtLYSFèS￿slbI1t￿& Tris desap￿ forw￿ p￿l ofow aud￿5 ￿PLyi.
Utse ofour rewi
Ths rep(Kt is rnade 5d&tyto the ch￿tat￿e (xxnpanys rnerrthr5. a5a tmxty. in ￿an(￿With Chapter 3 of Part 16 ofthe
coM￿nIesA¢1 2006. and 10 Ihe charitable ryjyp8ny.strL￿ee$. as a iK¥Jy. ￿ aJ>Yd3￿ewth Re9u&tity) 10 ofihe Ch8ribeS
Actounls l&%)Ilandl R$gulab<K6 2[￿ ￿￿11 h8s be￿ urrJ¥laken tso Ihal we mght stsle lo ts charrfable
cornwny s members and trustecsth¢)5e rwtrrs we are rewired to stale to knem n an report and for w otrer
purpos8. To the fullest extenl perrThtt8d bylaw. we ¢Jo rnl accept ￿355￿1￿* T9¥￿$￿1￿t0 anywe other than Ihg ch8rilab
cotnpany. thethant*le c(Knparys twnbers as a txxtyatKI the tharrt&4e (xKnparystrustees as a bLty. forour audrt w(rt.
lor Ihis rwrt. rxfoi opinions we have f<Kmed.
William And8r8on BA CAISonityStstuttyy Auditor)
fff gnd on behaW of MHA
Statutory A￿dItor
Aberdeen
9 January 2026
MHA B the Iradiny nam8 0fMHA￿lil S8Thic88 LLP. a knit•J En￿k￿d Wa￿5 Iregist8r8d numb6r
OC4555421.

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I Il

ALBYN 5CHQQL LlWtfED
BALANCE SHEET
AS AT 31 JULY 2025
GROLIP
2024
Nrjlss
Fixpd assels
Tangible a$sets
Invesltnents
14
15
10,033.824
75.638
10.373,184
69.6B4
10.109,462
10,442.868
Current assets
Debtots
16
1.094.711
58S.fg)6
1.233.681
1,208.505
Cash at barlt and in hand
1.f80.317
2.442.186
Creditor4: amowbtsl4lling the wilhin on•
year
18
1.481.154
1.710.350
Net current asset5
19Y.163
731.836
Total assets less cuThent113bll
10.308.625
11.174.T04
¢r•dltors: am0￿fallIng aftgr mr•
than one year
19
13.719.8921
14.015.558)
N8t asst
6,S88.733
7,159.146
Tho lund8 Of tho ¢haritabl• company
Restricted irwrrE fun(ts
Unrestricted furKls- general
unresvwea fU￿s- ¢eywa
673.016
5.047.716
.(J)1
669.913
s.621.￿2
iI.LKTr1
6.588.733
7.159.146
Ihe financwl slateTr*nts were apwo¥&l by Ihe Trustees1￿ 9 January 2026
J Yourwj (Chairl
Trustee
Corrw8ny regL%tr8ticn r•Jn*er SC026743 Iscouandl

ALBYN 5CHQQL LlWtfED
BALANCE SHEET ICThNTINLIEDI
AS AT 31 JULY 2025
OMPANY
2024
Nrjlss
Fixpd assels
Tangible a$sets
Invesltnents
14
15
10,033.824
26.321
10.373,184
24.815
10.rKo,145
10,397.FJJ9
Current assets
Debtots
16
1.094.711
).447
1.233.681
1,108.446
Cash at barlt and in hand
1.575.158
2.342.127
Creditor4: amowbtsl4lling the wilhin on•
year
18
1.481.158
1.710.354
Net current asset5
631.773
Total assets less cuThent113bll
10,154.145
11.029.TT2
¢r•dltors: am0￿fallIng aftgr mr•
than one year
19
13.719.8921
14.015.558)
N8t asst
6,434.253
7,014.214
Tho lund8 Of tho ¢haritabl• company
Restricted irwrrE fun(ts
Unrestricted furKls- general
unresvwea fU￿s- ¢eywa
588.432
4.9TT.820
.(NJ1
593.918
5.552.J)5
iI.LK11
6.434.263
7.014.214
Ihe financwl slateTr*nts were apwo¥&l by Ihe Trustees1￿ 9 January 2026
J Yourwj (Chairl
Trustee
Corrw8ny regL%tr8ticn r•Jn*er SC026743 Iscouandl

ALBYN 5CHQQL LlWtfED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JULY 2025
GROLIP
2024
¢a•h fk>w¥from opfjwatyng Ktmti
Cash labsort>pd byvgefjeraled from OpBrat￿$
1120.8801
275.321
Invostin9 activiti85
PLrchase Of1￿91￿? fi¥ed Hs5ets
Inv8sim8nt rKy)m8 rec•ved
157.1441
14.282
1433.3661
28.830
Net cash u$e<l In Invosung a¢tl¥ltlos
142.862}
1404.5361
Financing acti*￿11￿5
(RepaYm￿1ydraWIng Lknvn of bank kw
1459.1571
119249
Not ¢a$h InyggTr0rot￿ trtyThlvnGln9
acti¥ltloS
1459.1571
119.249
Nat dgcrea$i kn ¢a$h cash equlvaknl¥
I￿2.899}
I9.￿6)
Cash cash equivalents at Winriry ofye
1.20B.S05
1.218.471
Cash and e4ulv*ents at End of year
585.606
I.208.￿5

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
A¢¢ountkng poI*Ig$
Charity inforrnation
Albyn scho￿ Lirnil8d 1$ a ￿￿anY Iirythl byguatantsB i￿rated in S￿￿a[HI and Wistèr￿ wth OSCR
The wistered 0[rr￿ ￿ 2 bAatisthal Square, AL*t￿n. AB10 1DQ. Thtr wii¢i>al èthjress of bugmess is 1T-23 Queen's
Road Aber£￿￿. AB15 4PB.
1.1 Ac¢ountwvJ comientian
The fin8nu81 st¥tgnwsnts ha'ie bew prew8d in awfjarKe Ihe dwrila¥e ¢(Th￿Y'S kleTh)randum and Article5
ofAss(oatson. Ihe Charwesand Trustee Investment (SWIar￿> Aci 2(K>5, tIE CharilEs Accounts (Sco￿at￿l
Regu￿11￿5 200D las aTh￿r￿￿ed1. FRS 102 Yhe Rewrtwig Sta￿ard aptAKaNe in O* UK arHI RewtAic i)f
Irdand. I"FRS 102.1*r￿ the Charibes SORP-P4)x¥Jntiffj *)d Reportiw by Chant*s." Statem￿1 of Rec£thm6nded
Pr&Iteapp1¢ab￿ ￿ ¢vnbes pwanrv) at￿ntS in X¢(*dar￿ %%ith the FirwGA Reportng slar￿ard sp￿1¢?￿$
In the VK and ftepth1￿ rrf Irdand IFRS 102r (eff￿*¥e l Jar•U3ry 2019). Tr ￿tab￿ ￿fflP8ny is a Public Benefrt
Enbly as defiwgd by FRS 102
The finanti81 st8*￿n￿ ar8 Wep?￿J n s￿1￿. vknich is the fwxtK*)al DJrrerKyol the C￿n￿gnY. Monetary
arnounts inthese finan￿￿ *ale￿￿nIS are tothe ne￿51 f.
1¢ fiilaiKi41 S￿￿rn￿lIlS tw'i¥ twi wvpawl trbt<JMlVytiiK￿ lnix11f￿ Itx fail valve as
Tre thani*ie crthp￿Y ha$ l*en ￿vanI￿e of the redu￿￿ d￿k)sure traMe￿rkof FRS 102 av8I8ble b) certain
qualthihryg entsties. nandy the WU1reTh￿ to tKesent an ItKIMknal cornwy state￿l0fcash fbws.
1.2 Golng concem
At the time of appro￿ry Ihe finanraal stslements. thÈ trustees ha%* a reas1y￿b￿eWÈdati0n that the grow and
chartsble cory8ny have adewate reWUr￿ to continue in oppraknal ex￿ter￿* for at ￿3st the nexi 12 nonts from
the daleon Ihese stalem8nts have been 4yoved. Th8 Iwsiees have wared cash fkjw foreGaSIS
4¥hich take a¢ithnt of an1￿￿￿01ed char*Jes in income and e￿￿th￿re are confident that O*re ￿111 be sUffiC￿nI
IK4Lid resoffts a¥aia)1& 10 81hJw th6 grow 8ThY Ch8rrtab￿ corywny 10 tr*r Iratsilvès as Ihsy fall due
olal least Ihe next 12 rnwlhs It￿ dale ol of fiA8nci¥ staierrtnls. Thus. hawng not hY￿ti[￿￿ any
Materi￿ Un￿rtaInlEs. the tsuslee5 Can￿ue lo adopt 1x)r￿n basis of in wepariry the financk41
stat￿&￿1$.
1.3 Charftable fvnds
General funds a¢ uniesbi¢*d fl•￿$ we ￿￿tlefor ￿e dis<rtifyi oftrt 9oven¥xs in olthe
gener4 obJ"ectwes ol the s<*th and have rol deggnatsd for other m*pc685.
Reslricted funds include furK15 ￿e to be ￿￿d ￿ acLoth￿e S￿￿C reStrth￿ imFX)5ed by donot5, funds
which have been raised by the S￿￿ for PartM￿lar puT￿SeS atKI the f￿dS of the subsidiary Un{￿rt￿Trj. The cost of
reising such funds tharged aga￿51 the 5perAk fuTNI. The aim arKI use DI each re51rit*ed ftjnd 15
set in tt)e Th)tes to the finarKaa stal￿nts.
Investment incijme and ￿nS arp alkxxted to Ihe WTiatef￿.

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
Awbuntkng polklgs
1.4 In¢om&
InCOTt￿ IS ￿￿tha￿tal8 Cotnwy i% ￿9al￿O￿ti￿ to il aftgr any p￿f0[[￿a￿ly￿ cOnditK)ng havB b8B
md. Iheamumts tan te mÈasLwed ￿￿bly. arwj P[Otk*￿E that ￿COme w￿11 btr rec¥ved. as shrhvn as fc41(ws."
• when (knors speaty that dorMtK>ns atKI 913nts gi¥en lo Ihe charitatAe cA)mpany musl be in future
aCC￿￿ti[vj pe[￿d5, the I￿o￿e is defetred urrtl tIK>5e peri(xJs".
when (knncys iff*ose condilwjns h** to be fulllkd befc(e the tharitsbk cc¥npany be¢cthes ￿trtled to
LBe SLth inc(Yne. IhB ￿der￿[￿j T￿1 itvAL￿1 ￿ irKrynit¥J tE50u￿85 Ulltd the fDr u88
have been
grfts in kin(J are I￿￿￿ed In at the chWe CoM￿Y'S be51 fstimate of tsir Yalu9, Th vglue of
servKes wovided byvdunteer5 ha5 twjt be8n irKludee in these 51atEtngnts.
Cash dwati¢A)s are re¢(wi$ed on recept. Other¢knats￿$ *e rettwts8d ¢)rt* Ihe Ch*[tab￿comPanY h8g btren
nO￿rIed ofthe tJcnaknM. unless perfrmkgn¢8 requiTe delerd d the 8rrKMJnl. tax re￿v￿¥bI& in
r￿alk￿ to donation5 receNed under GiftAkl ardeeds of 15 rewi5ed al the tyneoflhe thnat￿n.
Le9atyes a￿ re<?>)n￿ in siatenw)i of FinarK*¥ A￿l¥lL￿$T￿ the *98¢y be￿ rew¥ed or it is probable
ihal the Iwjaw wll be r8c8iY8¢ ar￿ Ihe Val￿ can w rr*aSU￿fj Suffoentrd￿trllrty.
F￿5 and chw for Se[W￿ use of a￿ acwnted for In the ppri(xJ in which the 5e[vi￿ is
0¥￿ed.
1.5 ExperKliture
All expenditure is Thjuded in Ihe fnanaal slatements on an ba￿s. tiakn1th5 ale reCogn￿d when
charitsble ¢ory8ny has a *1 QT ¢t￿￿￿e ¢Aty'.k)n to irKwr a tr8ntsof ￿n0m￿ benefft.
Chants￿￿ aclNities hiclude all u>st5 rdatiry *iwI￿*￿there Ihe wIM￿Y aim B part of the objects ofthe schcx)l. This
indudes all Ihe (x>5ts.
G0veMan￿ costs are costs asswated with the ￿>¥eMan￿* ￿￿ger￿ts ofthe dwrttable (x)mpany knclude fees
for 8L¥*t aNJ weparmy Swutory fin8nc*l ststements.
Sumrt Costs Indudtr ai ¢ctst$ rdaiiTvJ 10 *b￿b8$ In SLTVXt ￿ th8 ruMiThg of th&%*thl. wP¥ch 1$ thè rrimary aim of
e grwp wpany.
1.6 T¥n9lbl8 flxod assots
Tallgib￿ [￿ed a55Bls. In(￿ding Ihcw u[￿ef thB [yJut58d¢(￿strv￿th. ¥t ca￿11&ed al Ihfflrpurchase l¢Jg8ther
wilh any Intydentsl expenses Assets a o)st below £3.NX) we r￿tr￿malY ￿P￿al￿ed.
Refutbithment ￿ ro(XTts. area5 ￿buI￿r￿J5 are wraly notwtaised.
Land Is n01deprec￿￿l. Depreuabon of other assets B£a￿ated 50 asto wrrte off Ihe oftsryIb￿ fix2d assets,
less their Èsbtnated residutlvtkJÈ. Owlhp PXW*dÈd useful I￿P$ ofthe assets c(￿¢ÈTned. Assets in ihe
¢ours8 ¢f¢onstrudth ale de￿￿￿¢￿1$d uniil I￿ ¥re a¥¥ILab￿ u88. Th8 wncipal annua r8ts8 used for ihis
puryKse are..
Buldirys
Frxiures aThY fill￿9$
2%-7% stra*ht Sne
10%- 25% str¥wht ltr
The or loss arisir*J disK￿l of arn ass* sdetwmI￿ as the{￿ffe￿￿￿e bel*ÈÈn salè proctseds ènd Ih&
caffyng Wal￿ of1￿ asw. aThl in stsl8ftwlolfinwoal acbvdies.

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
Awbuntkng polklgs
Impairment oifL¥edassets
Al each rewrbry end date. the charitatAe company rewew3 the carryiTrg arnounts of 115 t￿ible assets lo determu
wheitier there is any indKabon that ttyose assets h*e suff*ed an k)s* If any inditation exists. U)è
recJ￿rat￿8 anMyJnl ¢fth8 8SS811S8SDnwW In ord¥ 10 ¢J8lemti* of ih&iDyirm8rt h)ss. ifany.
If the recoverable amwnt ￿ an asset is esbmaed 10 be ￿$$th￿ its arn￿￿, Ihe carryin9 amount of tre assei
Is r8dJ¢ed to Ils r￿orab￿ ￿tyJnI. kn Impam*nl bss Is r•c¢9n*J Th￿￿dIa￿￿' In Incxxn&*xwnthlUrn fc* U)s y8ar,
unless the re￿Van¢85Sel ￿ ￿rned al a revaued any￿nl in case impawmenl k)ss is Iwie4 as a revalual
deGrea5e.
1.7 Fixed asset inve51ments
Inyeslmenls are Indu(Jed atdogng wM(kfftthetYdue. to be faryaue. at tt)e bala￿￿ 5heetdate. Any realised
and unrealised giins arvj b%ses on tevaluaban ordwJ545 in Ihe statetn8ntof ffi￿anG￿l actsvffoe5.
1.8 ¢a$h cash equiyalpr
Cash arQ cash ewivalents 3re tyasrfiMn¢ial assets cash in hand ttwsns at cal in a one rnonlh
notice xcounlvath banks.
1.9 Financial instruments
The chant*le c(mnp￿Y has elected lo￿lhe w0visi￿￿ Se(xim 11 'B&sic Fi￿Ck]I InSt￿Ments. ar* SeciK)n 12
'other Financial Instruments Issues of FRS 102 lo all of Its franoal thisliL¥nents
FinanEial Instw￿pnts are rwi%ed ID the thatilth (Kryatrf5 bakn￿ Sheet the dHntable cotnpany
betr￿e5 p8rty lo the contrwu* prom$￿￿$ 01t￿1r￿￿￿rnenI.
Finaniial assetsand babilit￿s￿e oH5et. Ibilh the net ar￿￿ts tKEsented ￿ the fina[￿Ja statEnTrents. when there 15 a
1egalfvenlo￿dty1e right to sel off the recogn￿￿ wnount5 ￿[e is ￿ inlentiw lo setde on a net bas￿ orto ￿Hl￿e
the asset and setu8 lh8 liablity
Baslc ffn•n¢l&l assots
8asifinancig1 assets. indudetrade re(21vth￿ cash b￿ar￿, rTreasured at trar￿lion pri
induding Iransadw cost5.
Financial assets. other than tIx)se heklal farvakje through Th￿[ne atKI 2xpendihxe. are a5se5sed for in(ficalix5 of
Imparrneni ai e*h rewflin9 date. FF)arKièl éssets we impaited there is (tyctive trviderttr thai. as a result
ofoné or rn¢Yè evènts tt)at after irmtia re¢4)9)itth oflhe ￿*r￿JaI assoL th& futura Cath flLA¥S
have been affecied.
Finan¢i81 a&sdsare de'ectyJnised Mlyththi Iw ¢fy7ira¢tual ￿1$ 10 the cash flows from Ihe assel expye orare
settled. or wnen The Charitab* ￿m￿An¥ transters Me hnanwi ¥sset 8nosubsianti•ty 811 Ihe rsks and re¥Y¥o$ ol
ownershp lo ￿0th$r enlity.or rf S(￿ >gnthwt rths rwar(ts ofownership are retane11 bul wnlrol ofthrJ awl
ha5 trdnsferred lo ￿0tr￿r wtylhal ￿aLle to 5elthe assetiTh rts ermrety to ￿ unrdated thi￿ paty.

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
Awbuntkng polklgs
8asl¢ ffnan¢lal Ila)111118s
Basic Iinanei¥A I￿E￿Illi•S. irtludiny trado and (thw payab￿. aro rg(x)gniSed al tran*acIK)n prw% Un￿&8
arran9ernent C(f51rtuies a fin￿rt￿g traD5acbon. where debt instruneni is measured ar present v8lue of thè
fuiure p8yrrenisdiswnWata market rate of inleresl.
Trade PaYab￿S are ￿ligabon5 to pay for gwd5 or S￿v￿eS Ihat have been acquired in the ordinary course Df
operations from Sup￿lerS AcoJunts wyabb ￿ da￿fied as (>jr￿￿t liabdilR5 rf paytntnl rs due svrthin one year (
Oere¢ogrrilion ¢rffinstnvallitlwlitses
Financial liabilthes are derecowised vthen ch3ri1aLlec(Mr¥)ays (*Auation5 exwre or aredischaryed or
canCel￿d.
1.10 Tax
The ￿h0￿ is a registered clwtty ¥￿th HMRC. arxf as 5fJch B entilled 70 ￿rtan tax eXeryt￿n5 ￿ Incame arKI profts
frLYn in¥esltn8nls. ar￿ surpbjses on atry trajing aGbvthes on in futlh8ranc8 sf th8 ￿￿TiL5¢S wmary objectives. If
eseprofils and 5tyrlL￿ are appSed srAety fry charnable wrposes.
rKlW wis1￿ed VAT and ￿￿￿1￿j￿. all its expenditure is rectyded exclusive of any VAT Ir￿u￿e£l
W￿re the VAT ￿ expected tro be recoveratAe.
1.11 Employofy ￿nofits
The CDSt of any unu58d 8ntitl8mBnl [B[wn￿￿ in thB ￿[￿xI tha rec8iv8d.
Tern)nalion benefils are ￿09niSed v)Th&iatelyasan expense when IPe (tharrf8Ye o)ry8nyis
omrYwUeQ lo lerfflinate of an en*>yee ￿ towovide lerninalirjn bfynefils.
1.12 R8tlrnm*nt bem•flt$
Some member& of staff are tnembpis of the scit.ish Teth5, Su￿rannuation Sc1￿Me which is an unfun(kn
mulli*rrpk>yer defned ben8fit 5GhEme. contri￿10￿S to Ihe f￿d are th￿ed by SrA)tbsh OffKE PerNon A98nCy
and are charged to tre slaÈmenl of acty"vitES ISOFAI so as ty syead the cost of pe￿On5 over the ￿riC
during ¥%thich the schwl benefits from the ern￿o5￿eS, li is nol [X)￿Ne foi the sthwl lo identify its share of
Ihe underfyng asset5 and liabilit￿S las ir note 201- c0nseqL￿tty. in accordan￿ with FRS102. scheme is
accounted forasa defined C0nkntxJh￿ SCherr￿ aThl conthlxkn15 a￿ rE￿nised ￿ the SOFAas Ihey are pay4ble.
Al n￿￿￿OI￿rri¢ Stsff we enl￿e￿ kn jtyn sckn*s defred ccrfribultt￿ s¢henE. Conb1￿10ns pay*)È tor Ihe year
are chargf%l to the SOFA.
1.13 L•as•s
Reni8ts applicatde ￿ operafing leases are (*wpd 10 thtS18*nwioffiffta￿ acbrt tri a Siral￿t line bags over
6 lea$8 tem5.
1.14 Basls of ¢onsolldaYon
The CDD5uliddl8d arcounis ¢(¥nbin& the results ofTh8 Abyn ￿￿K￿J1 lis sub&dNgry
undertaking. TheAbyn Fwndalion a line by lir£ bas￿.
In the cOr￿oI￿lated accounts unrfotrn ￿}UntI[￿j sMAifxs have ￿ used ￿)[￿d￿all￿n adJusl(rEnt5 haye been rnad
lo remuve tran￿￿TI5 belKEen Ihe Iwo entitie5 and Intei*nbty have been car￿lled.
The Ix)nsolKlalett entity IS referred lo as-tr￿ Gr￿p .

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
Cr6tl¢al a¢¢ounOng osUm*s and IWgnts
In the applicabon oflhe charitatAe c<xnpany s Ihe TrJstees are requyed to rnake Ju￿emer1ts.
ostynates arKI assumptions a￿￿1 cartw[¥ assots and that are re￿*1Y apparent from othor
Sour￿5. The esttnates and assooaled a5sunpb(xts are based on ￿￿or￿al eWer￿ arKI otherfactorsthat are
SKJered lo be rdevanl. Actual re5￿ts ￿haY i*fferfr(Kn these estlw￿leS.
The eslimales y￿erI￿ng assWnpt￿S revwed on an 989$. Revi5iWS to 8c¢ounbng gsbmates are
reG(¥Jnised in Ihe perK￿ In wlmch the e5bmaie thp revr5￿ affects only Ihal p￿0￿. or In Ihe Pen￿ of
the re¥i5K)n future per￿￿S where the revisKJn affeds cutrenl a￿1 fvrture
K•y gour¢88 of est6matl¢)n
Bad debt Wo¥l￿On
The gOL4) mak8s an *sessmeni ot the recoveth Val￿ ofan￿j￿5 dL* fr(m and 8 wovtsion where
e debt is not expected to be recover*le. vau2 ofthe rdevant debts ts E128,1￿￿2￿24.. £132.2761.
Estwnatsd li
The esinaled uselul e￿¢yTr￿ lrfe of each dass of a5set* aiJtyTrEnl exeriise(I by the trustees.
The va￿e of t(*al fixed assets is £10.03302412024: £10.373.1841. DewecHbon in the year wa5 £369.504
120?4" £365.3941
Imp*mom flX￿ asse
In Awust 2021. a vtlua1￿nfO[ ￿r￿ling rxJwsÈs ofcÈrtain ofthe thatilabitr conwatys propertes W8SeAtried oul
hich gave rise b a polent￿ iT¥JKaior ?[ itnpatrnenl. The tru51eF5 PTBpated. have ￿viS￿￿j, ¢e131ed cash fiow
forecasts and Considered eX￿ted fvlure to gerwated b) trtse yoperries. are $8rIsf￿d Ihal the
¥a￿e in use is gqnthc￿tty h￿her thanlhe ¥auatiDn eXce￿￿the carTring walue in financi31 stateme
and th￿efOre Con￿￿e that Itryairrrenie￿Sts.
kn¢ome from and legxlos
Group
Tgtsl ihy8s1ri￿ Un￿trI￿￿1 R*stri¢tsd
fuwwjs
Total
2025
2025
2024
2024
2024
24
Donat￿1￿ arKI gh15
22.&N> 22,fA)O
5.050
868,th)1
172￿)
890.251
Company
Total
fvttds
fur
dp5VJBted
2024
202$
25
2024
2024
2024
D0natM?rtsar￿ gh75
22,6LK> 22.600
868.￿1
172(Xl
890.251

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
kn¢om¢ from ¢harlaN¢ ￿¥1110$
Grnup
Totsl UN•strittsd R•sirl¢t8d
nds
Totsi
ger￿
neral
2025
2025
2025
2024
2024
2024
School operatlon
Fees
10.644.792
10.644.792
10.762.329
10.762.329
10.644.792
10.644.792
10.762.329
10,762.￿9
Company
Totsl Ury¢8trthd Restricted
funds
Total
furrfls
g•n•ral
2025
202$
2025
2024
2024
2024
S¢h¢)ol op•Ati•n
Fees
10.644.792
10.644.792
10.767.295
10.767.295
10.644.TY2
10.644.7W2
10.767.295
10,767.295

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
Group
Tc4al unrestrict￿ Rfrslricted
fvn
fund
general
Total
fuwKIs
gerthl
202S
2025
2025
2024
2024
2024
Inrx)w from li%tcd
Inv*$imen
Inieresl re￿1VatIe
4.131
4.131
10.151
3.934
10.151
24,8
24.896
10.151
4.131
14,282
24,8
3.934
28.&30
compony
Total lJnrnslri¢tod R•stricted
funds
Total
funds
YV[￿[al
yeneral
202S
202S
2025
2024
2024
2024
Inierest rtttrvatde
9.152
9.152
23,e
23.638
9.152
9.152
23,638
23.638
Olh81 In￿￿r
Gttyj
T￿•1 UnmirTrcted Resknctpd
funds
Total
funds
90noral
2025
genoral
2024
2025
2024
2024
Otherinctr*e
Catenn9 inixThe
64.056
4L.573
56.819
384,628
56.819
384.628
422.sn
486.629
486 629
441447
441.447
Company
Total Unwstrtciod Rostri¢t8d
funds
Total
gerffil
2025
general
2024
2025
2025
2024
Olherin¢cthe
Calenng inc(xKe
64.056
4L.573
56,819
384,628
56.819
384.628
422.573
486.629
486.629
441.447
441.447

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
Exp￿dI￿r$ on ¢har61aWadvlllos
Group
SCI*)￿ operation School operation
2DX
DlreGt Costs
siatt¢o*s
Deprccialion and hmpoimicrl
Teaching costs
Pr(perty
Field and bus ex￿￿$&$
Calenng expense5
Administrabon exp￿￿
Pr(yerty loan interest
Prole$8iona fetrs
Bursaries
DOnat￿rts pad
6.497,162
3%,504
284,388
584,024
170,258
226,2
533,142
267.212
&5,934
831,D24
2.201
6,236.476
365.394
233.983
635.(rd3
168.917
213.B29
475.723
345.477
137.470
738.765
9.881.145
9.551.1I57
Share of support ond govwn8nu ¢osts lseo not• 81
Support
1,8K3.525
1.882.951
11.744,670
11.434.(N)8
Anatys1$ by fvnd
UnreE.triled kntts- gpnera
Restrthd f￿￿5
11.715,
1l,412.E￿9
21.399
11.744.670
11.434.(O8
Inckjded wrfbin g)vernan(* Costs ate aJdit fees trf£17.5CKI (2024." £24,¢YXII.
-24-

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
Expwdl¢ure on thprll4l￿*•cthT￿l1Os
Company
SCW oporatlDn School ¢)p6raiion
2D2S
Dlre¢t¢o*s
Slaff costs
Depreuation and vnparrne￿l
Teaching costs
Pr(perty w¥
Field and bus ex￿￿$&$
Calenng expense5
Admini5traDDn ewerEes
Pr(yerty loan interest
ProIe$8ion￿ fetrs
Burtsaries
DonalK)tls pad
6.497.162
3%.S04
284.388
584,024
170,2S8
226,2
533.112
267,212
88.934
831,024
2,201
6.236.476
36S.394
233.983
635,Q3
168.917
213.829
475.933
345.477
137.470
738.765
9.881,115
9.551.267
Share of 5UPPOrt and governance costs Isee note 81
Surport
1063,525
1,682.951
11.744,640
11,434.218
Anatysls by fvJnd
un￿biCted fimds. genera
ReStr￿￿j f￿￿$
11.715.D58
11.412.819
21.399
11.744.640
11.434.218
Inckjded wrfbin g)vernan(* Costs ate aJdit fees trf£17.5CKI (2024." £24,¢YXII.
support ¢￿t¥ olkKated to acbvrties
2U25
2024
Group and cofflpany
Staff ￿51S
Marketsng Cos
1780.384
65.641
17.5LK)
1,813.165
48.786
21.L
1.863.525
1,882.951
Anatysed between..
Schwl op8iati
1.863.525
1,882.951

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
Audltof$ rsmunwat
Fee5 payable lo the dwriW5aLvJitor and a5sori3tes".
2025
2024
Foraudlt servlces
ALvJit Lrfthe finatKyal siaierrEnts ar￿ Ltsity
20,5C
24.L
Foroth•rservices
l other non-@￿11 seryir
5.312
10 TrustsÈ8
OrtyJp and ctqnpany
Graem8 Bdl and cla￿ YU￿ were Ctr¢lk•rsd the S¢￿ for ¥ partof ye* after Qdin wgned ai the end of
e prwous year. They both re￿1VeC an ￿n￿nI of t3.860 r&￿￿erab0Th.
Jenrmfer Young rece￿￿ rfMnunerationofE3.548 forlhe WKXI bei*Een 51arbThJ het role a5 I￿31[ and decidiry to waNe
her fee in April 2025.
Trustre's expenses
There were no ex￿￿se$ pwd ID IrUS￿ OTany tErwF It￿rn yeerended 31 July ￿25 nor
Ihe y*rervJed 31 Juty 2024.
11 Eftwyees
Group and ¢(rfnpany
The *eraAa rn￿tNY rvJmt4r durirw th8 year wa8".
2U25
Nwnber
2024
Number
Education
Supgort
Cleani
37
14
14
T￿al
165
2025
2024
Wages and salarE5
Soc￿1 security costs
Otherr£nsw Costs
6.429.910
702.0
1.145.610
6.300.362
E60.9)3
1.088.286
8.277.546
8.D49.641

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
11 En¥bh)yws
The number of eM￿OyeeS wlKse an￿al remunerat*￿ IWJS nve than £60.INX) ￿ as
folknV￿.
2U25
2024
Number
£60.ODO 10 £69.999
£70.000 to £79.gJg
£80.000 10 £89.￿9
£90.000 10 £99.9
£100,0(Xl lo £109,999
M¢we than £110.IyXI
Rerrwneration of key
The re￿neral￿)n of key rnanagemenlper5(￿nEI Yds as r
2025
AggrEgate cary&￿t
1.275.284
1.352.950
12 Galn$ 10$5gs on I￿9$1M￿nts
Group
Restricted
fund5
202S
Re5tsicted
lunds
24
Gan51110sse5lariyng (￿."
Revai￿tIon of Irr￿lmen
5.954
1.632
5.954
1.632
Compawby
R8stri¢ted
funds
2Q25
nd8
Gali￿(loSsesl3iI$Ar￿ (Mi:
Revaknation of Itwe51rr￿)tS
1.5(
1.825
1.506
1.825
13 Tax
The gOLP is exffnpt frcyD tax on its thti85 b8￿￿&8 all it5 ir￿￿￿e fortharitaqe putpDses.
27-

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
14
T¥nglblo flxed as$ots
Group and company
Buikllngs F•xtures and
ffttln
Total
Cost
At 1 August 2024
AdJitiJns
14.a77.g92
2.&80
656,500 14.734.492
54,264
57.144
At 31 JLAY 21Y25
14.080.872
710,764
14.791.636
Dopreciallon and impairrnent
At 1 August 2024
Deprecia￿on charged in tthyear
3.810.803
341.453
530,S05
55,051
4.361.&)8
396.
At 31 J￿Y2025
4.172.256
585,55fj
4.757.812
¢8rTring amwrt
31 J￿Y 2025
9.9)8.616
125,206 10,033.824
At 31 J￿Y2lf24
10.247.189
125,995
10.373.184
All thè abtsve taNjIb￿ fixed assets are l*ld fLYlhewrw oflhe tharity.
Freetro￿ property indthles of£l9).(W (2024. £19J.(MX>I.
15
Fixed asset inves1ments
Group
U8tèd
investments
Cost or va￿at1
At I ￿￿gUSt 2024
Vaknalion changes
69.684
At 31 j￿y2025
75.638
ca￿>￿￿9 afflo￿t
Al 31 J￿Y 2025
75.638
At 31 Jdy 2024
fj9.t
Th¥8 wer8 rw) lffjled in￿l￿ent38s$ts wts(le Ihg UK.
28-

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
1$
Flxgd ass*t Inv•skngnts
Company
Llst
Irw•strn•Dt•
Cost or ¥a￿atIon
At 1 August 2024
vak1akn￿ charwes
24.815
At 31 j￿y2025
26.321
Carrying arn*JWt
Al 31 j￿y2025
26.&1
Ai 31 JLly2(r24
24.815
There We￿ Th) irN8str)wl ￿ets (￿S*Y9 Ifts UK.
The Albyn FwndatKsn 1$ 8 Ctsm￿Y Ikrnn•Y bygu¥ante8 has no s￿e capt81. tsrefors there is no cost lo irdLKI8
atK>Ye.
The wmpany ¢￿trOL% Th8 Albyn F￿￿jail￿). a chari1at48ct￿p￿7Y li Scotsnd.
Regi*ered c4mpany nwntrw. SC348754
R￿l*Br8d tharity nuffltr*r'. SC039894
The pnwpa18cts￿ty of The ￿b)ll is Ihe •Y¥¥￿ement of ed￿l￿Th the benefil Ihrou9h 9raniYKJ
and estsblishirwJ t￿r$aries. sdKAarshw wizes. Th Abvn F(xmdalK>n¥ rggi4tered office ￿ 2 Marixhgl Squgre.
Broad Street. Atwdeen AB10 1tK).
16
Dpbtor¥
Group
2025
Company
2025
2024
2024
Amount8 f•lllng du• wtthln on* yew.
Tiade deblor5
Oiherdebtors
Prep8ymemtsand i1￿(
101.262
523.500
69.949
172.804
3.9)2
156,975
101262
923.5(KJ
69.949
172.PA14
903.9)2
156.975
1.￿4.711
1.233.681
1.094,711
1.233.681

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
17
Loan$ and 0¥ordr¥ts
Group and company
2025
2024
sank bans
3.990.525
4.449.682
3.990.525
4,449.682
Pay8bla within year
P￿ble 8fter on* y*ar
270.633
3.719.892
434.124
4,015.558
3.990.525
4.449.682
AJn(wt¥ induded aix)ve lal dueafterfive wr5..
PayaNe by Instaknents
2.637.3
2.279.￿1
The gOLP and charitable (yJryany foLrtetrn
The fiisl18m baarte. of £372.384 E outslandF)9 8131 Juty 2Q25. Is r•pay8tle by mnlhly Inthim8nts over
a lotsl peri¢xl Df 20 years. krterest ￿ Ctrwged al 1.95% per annurn over LIBOR {rep￿1 by SONN from 1 J3nUXy
20221.
The Seco￿ tsrrn ba*nce, olwhich £978.918 i% ￿ls13rd￿j ai 31 Juty 2025. ts repayab16 by In*al￿nts
over ¥ total [enQ￿j of 20 yeais Interesl 15 fixed ¥t 3.28% per annutn ts Ihe fiist S year5 ihereaftEr 2.5% PEr
annum over the Bank of EWarKI base rale
The Ihird ierm loan b8laTK*. ofvikuth r2.204.T72 6 31 July 7025, ts ￿payab￿ by in*alft*nts
uver a loL81 period 0110 ytsis. Iniw&st 1$ char￿$ 81 2.35% ovet Ih8 Bank of En¥aDd basF ralv fvr IhE fiTsl y*1,
2.15% over the 8ank ef EnJL4ThJ base rdre tor the se¢￿d ￿r and ttwethr 1.￿% over ts Bar* ot England b36e
rate.
The fourth tem k)an baance. of wh￿* £434.452 i% LMrtstst¥Jing at 31 J￿Y 2025, i% repayab￿ by monthly in$talments
Over 8 toial peth)J ¢f8 yws. Int8r891 k8 charg•J 811.80% pw annum w the Bart ¢f Enoland Base Rats.
There aE bonds and fioalyg charges. hekl by HSBC Flo rNer the assets oftr£ sch￿11 HSBC Bank Vc hdd4 2
standard 5ecutity over 17-23 Qu￿'S Raad arKI 19 ￿een,5 Lane S(xJty knerdeen.

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
18 Cr•dltors'. amollnts falllng(k*T*tthkn on• ygar
Group
2025
Company
2U25
2024
2024
Not
Sank ban$
Other tax se(xt
Deferred irKw
Tiado crcditors
17
270.633
383.381
41.672
lo3.￿7
434.124
150.831
649.921
141,281
254,61S
79.518
270,633
383,381
41.672
103.967
410,725
270.780
434.124
150.831
649.K1
141.281
254.615
79.522
Oth8reraditCYS
AcGruals
410.725
70.776
1.481.154
1.710.350
1.481.1S3
1.710.354
19 Crodltois.. amounts falllngth* aftormom than y
Group and company
2025
2024
Mole*
Bank k)an5
17
3.719.8¥
4.015,558
Dfjfèr￿d incomè rdatts ￿ mon*s r8(fj￿ed in advartt for*thK* entidementfalL8 in a futurè athJntThJ pèri(yJ
20 IKome
Group and eompary
2025
2024
Otherdefe￿￿ irK[M￿8
41,672
649.￿1
Dete￿ ineomeis indudedin trt financ&91 $latew*s as Itlk)ws'.
202S
2024
Deferred irK(Mn8 IS nL*Jtslwltr￿."
Currenl Ik4txlibes
41,672
649.W21
Movamnis in the yaar".
Deferr8d in¢Tri)o ai 1 Auwst
Rele￿1 frijtn pre￿(￿J5 PBD
RestyJrces deferred In Ihe y￿r
649,921
1649.W211
41.672
52.
597.555
D8fwr8d Ir￿￿ al 31 July
41,672
649.¥21

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
21
Rotlr•monl bgn•fit S¢￿￿$
Group and company
Defin2d contsibution schemes
The Schix)I participates in the Scotb5h Teachprs. Pens￿ Superannuation Sc*Eme. The schetn8 is an unfunikn1
multi￿￿￿¥@r thfin8d b8n8frt schetno It r4 ￿l￿d thai the 1real￿nI can b￿ as a d￿fir￿ conlribution s￿￿￿& as
Abyn Scho(A 15 unaAe lo i<knbfy its sharp of the underfwng asseis ayd l￿bIrt￿5 of the An aCtu￿al YalualK
as carri￿ oul al 31 Mach 2020. Tl* res￿1$ of valualK￿ roled f£rt¥ard to give ¥ 1okn1ty of £29.1 knllion at
31 March 2024 Iktest availablel.
As $¢homa 1$ unfi￿ded Ih8re Can ￿ no or st¥Jrtfai. P￿$1￿ t￿thbut￿ ratss I￿1 b& by th& 8¢h0mè's
actu￿ al a Ivrfel to Theetthe cost of a51Jw a¢xJu&
Financ￿1 a$sUrnpts<￿ 8131 Marctt 2024 (blest a¥aiL4)lel'.
Rate ofr*um Idixtyjnt ratsi." 5.10%
Ra￿ ￿ reDJm inexcess ot.
Eamiry5 in(rnses'.
1.45%
2A5%
Trt cosl recrqnBed in Ihe stslemenl ol admw ￿ equal lo ￿ contritullons payatrle to the stheme for the
year. The emtdoyer tnade (xjnthbutions of 26% YKrea5ed frorn 23% in W'l 2tr24. Ell￿yee Contr￿ti￿S rar
betwe8n 7.2/0 and 11.9%.
lotal empwr ¢mtribJIK￿ to the s¢V*me in ytsai werè £1.016.7W 12024". £950.24518nd r¥Jt¥t8nding
ernpknyer Contri￿l￿n5 atthe b3￿rtr sheet d4*were £11&14812024.. £83,429).
The schc¥Jl 8L80 tsp¥atss a staff 9rtyJp pension sd*me witt) Rtyal London. The total tmpbyei tsJntribubOllS
to th£ schBff* in th8 year E125.219 {2024 £132.419) 3Th1 •wrAoyer conthtArtKJns balar
sch￿¥￿5 £1.145.610 12024." £1.088.2861.
-32-

N> o
OOOO*00￿J
O O c>￿ ¢
J u

>4
tn r (D
ro (o
00
ooc

¥ 4 4

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
23 Unr8strl¢tgd fvnds. dwslwatod
These are ￿￿eS￿c￿ed funds wl*ch are malerial to the ch3ri1a)lec(ryan￿s ￿1￿ltIeS.
At I Au9U5t
2024
IncomingAt31 Juty 2025
soure•s
Donalw)ns arKI yh15
868.fy)1
868.(Q1
Pravb)us yvr..
At 1 August
2023
IncomlngAt31 Jyty 2024
tesources
D0naibnSa￿ gl
868.001
868.LY11
These desigiiated fu￿5 ￿Ueal￿ed to SchoLI byformer wpls aid ale to be used in linewrth our
Will and Charitabk Lewy rdry.

rti o (o
on

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
25 Op8rnUng 1gaso¢omrnknwnts
Group and company
Lessee
Tho toial amwni of kase payTh￿ts rato)rM$8d as an inlhè year in rdalW￿ to ￿$8 paymènts Was
£33221 12024- £37,868).
2U25
2024
Wthin year
Betw￿￿ iwo and five ye￿5
26.514
32,334
27.055
22,410
58.848
49.465
Capltal ¢ommkn¢nts
Group and company
Ihere a￿ capital clxnrrMI￿￿s totsiiirvj £NIL allh2 sheeldate121>24'. £24.3131.
27
R•lat8<1 party tran8a¢ti
Group and company
DunrKJ the year. 3 12024. 31 OT wlemcrfs thiklren anended the school. On 28 2024 Gra8￿ B￿1.
is also a director ofNJbyn s¢￿ LThrted. ¥vas 4v)rled as a dre¢tyofTheAW FouTh*tK)n
Tre arKJ ts pUri1￿pOle￿Iia wrils ate to ￿ the of 3ny lurwts tased by The Albyn FxJndatTron. *WI
8xp*w ofTht Ajbyn FtyJrKtstson artr m8r ty the 8￿j (*JriThJ the aLthts8S Of£3.OLKJ {2024". £3.(K)01 were
Incurr8d.
Abyn SCIKKA LimitBd reCe￿￿d thna1Kx￿ of £NIL12024.. £4.￿) duri￿ the year fr(Th The Ajbw FoundatK)n and tn
donatons lo it Df£NIL12024.- r2401.
28
kkrnberJ' liabilty
The mernbers. liatslity Ihm*ed by guaranteeaTrl. in theeventof windhig up. d￿5 nOlex￿ed 5p per member.
38-

ALBYN 5CHQQL LlWtfED
WOTES TO THE FINA￿lAL STATEMENTS ICOPlllNUED}
FOR THE YEAR ENDED 31 JULY 2025
29 Cash gon8ratod from opgrnt
Group
2025
2024
IDefK1tysur￿ forthè
151Q.4131
690.481
AdNslm8nts for..
Investrnenl inwrne ieco9f#sed in strtefflerrtoffirk￿rI￿ actsvfi
Fair value93ns and h)ssesM investr7W)ts
DtrpiÈ¢h8bon 8ThJ irywirTrwi ottangi)16 fix8d ¥ssets
114,2821
15.9541
396.504
28.83DI
11.6321
365.394
movefflen15 in caW'
Decr£￿5¢￿{1nrrC￿sEI n debtor5
1rtreaselldecre￿l in
IDecfgasoKinuease ki d8fwred irtrA
138.970
2,544
1608 2491
(1.OOS.2721
1341.3751
597.555
¢8$h labsothd byllgenorltgd from $wat￿n$
1120 8BOI
275.321
Analysis of changes in (debt￿￿￿d$
Group
At 1 ALFgust
2024
Cash Ilrrf•R5At31 Juty 202S
Cash81 b8nk 8nd in haNJ
1.208,505
1622.8991
585.fAJ6
Loons tsllng ￿e year
Loans falh'ng (be aftw ￿￿￿elhan
1434.1241
14.015.5581
163.491
295.686
1270.6331
13.719.892)
13.241.1771
1183 7421
(3,404,919)

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