ARCHITECTURAL ASSOCIATION (INCORPORATED)

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Council Members consider the group and charity to be a going concern, supported by reserves and cash levels above the minimum required by the reserves policy and future budgets and financial projections forecasting financial performance that will enable the Association to continue to operate under its current model for the foreseeable future, being in excess of 12 months from the date this report is approved.”

Group structure

1. ARCHITECTURAL ASSOCIATION (INCORPORATED) · parent
   1. Architectural Association Publications Limited 100% · England and Wales · Sale and distribution of publications
   2. Hooke Park Educational Trust 100% · Dormant

Significant events

• “We welcomed the first beneficiary of the Albukhary Foundation scholarship this year from Sudan and we look forward to the ongoing support for this initiative.”
• “Throughout the year, the school strengthened and expanded its network of collaborators. Distillation of Architecture, an exhibition and programme of events in Term 2, celebrated three decades of partnership between the AA and MAEDA Corporation.”
• “Two new academic programmes reached major milestones this year, with the first recruitment cycle for the Conservation and Reuse postgraduate programme concluding with a healthy cohort of 12 students registered to begin their studies in autumn 2025. The new AA Transfer programme... completed validation in summer 2025 and is open for applications from autumn 2025.”
• “At Hooke Park, a major project is underway to realise the expansion of Wakeford Hall, which will create a new focal point at the heart of our woodland campus.”
• “The school community came together to celebrate the end of the academic year in a jubilant graduation ceremony in Bedford Square Gardens, which culminated in the opening of the Projects Review 2025 exhibition. During the event, the AA Honorary Diploma was awarded to Su Rogers to honour her achievements in architecture.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +4.7%

  £22,654,000 → £23,715,000

• Cash

  -13.8%

  £13,177,000 → £11,358,000

• Net assets

  -0.5%

  £28,677,000 → £28,543,000

• Employees

  +3.6%

  222 → 230

• Profit before tax

  -125.4%

  £519,000 → -£132,000

• Wages

  +6.5%

  £11,231,000 → £11,958,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers