GARD'NER MEMORIAL LIMITED(THE)

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

Standalone (parent only)

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having assessed the school's financial position and plans for the foreseeable future, the risks to which the School is exposed including the ongoing impact of the rising cost of living and inflationary pressures, and the detailed cash projections and budgets to August 2025, the Governors are satisfied it remains appropriate to prepare the accounts on a going concern basis. There are no material uncertainties regarding the School's going concern status.”

Significant events

• “We were approved a growth of 25 students (490 to 515) by the Department for Education to enable us to help more boys.”
• “To maintain our continued operation, we secured our future by changing our approach to pensions. This capped our contributions to the inflationary Teachers' Pension Scheme, allowing the school to survive and also to give access to greater pension options for staff.”
• “As with other independent schools, we were notified of the intent to apply VAT to school fees. This will be partly mitigated by the fact that 67% of our boys are Local Authority funded, and hence they will be able to reclaim the VAT.”
• “Forward looking sees us expecting planning permission for an outstanding new all-weather playing surface, with associated pavilion and new traffic approach, part-funded through the efforts of our new Development team; significant developments in terms of progress to Net Zero; and a whole new St Matthew's classroom and conference centre development.”
• “Our headmaster, Jonathan Hetherington, to the national position of Vice-Chair of the Independent Schools Association (ISA) for the 2024-25 academic year; a post which, rightly, places More House School more in the spotlight. Jonathan is expected to become the national Chair of ISA from September 2025.”
• “The role of Bursar was deemed to be too narrow, and allowed for the creation of a Chief Operating Officer in its place. This role was filled in June 2024, and, in turn, supported the recruitment of a new Development Director, charged with primary fundraising activities and development of a new school alumni approach.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +10.2%

  £9,310,971 → £10,260,103

• Cash

  +33.4%

  £4,074,032 → £5,436,551

• Net assets

  +6.7%

  £14,646,858 → £15,628,622

• Employees

  +2.7%

  182 → 187

• Wages

  +11.8%

  £5,496,094 → £6,142,563

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