Brooklands College has finally published accounts for the first time in four years.
The Surrey-based college was stung by an apprenticeship subcontracting scandal that came to light in 2019 following investigations by FE Week.
Left with a £25 million debt demanded by the government’s Education and Skills Funding Agency, the small college, which brings in just £11 million in income annually, has spent years negotiating a repayment deal that would prevent it from going bust.
In recent months the college has unveiled plans for a £45 million re-development, which includes selling an historic building and land for homes, to pay back the debt.
