FARNEY EDUCATIONAL TRUST
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Next accounts due
2026-05-31 (this month)
Last filed for 2024-08-31
Confirmation statement due
2026-05-20 (this month)
Last made up 2025-05-06
Watchouts
None on the register
Cash
£914K
-68.3% vs 2023
Net assets
£6M
+9% vs 2023
Employees
78
+5.4% vs 2023
Profit before tax
—
Period ending 2024-08-31
Name history
Renamed 1 time since incorporation
- FARNEY EDUCATIONAL TRUST 2025-01-15 → present
- FARNEY CLOSE SCHOOL LIMITED 1955-01-10 → 2025-01-15
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Turnover | £4,266,195 | £5,061,349 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £280,841 | £518,976 | |
| Cash | £2,882,891 | £913,547 | |
| Total assets less current liabilities | £5,833,607 | £6,327,970 | |
| Net assets | £5,782,147 | £6,301,123 | |
| Equity | £5,782,147 | £6,301,123 | |
| Average employees | 74 | 78 | |
| Wages | £2,435,388 | £2,683,736 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Net margin | 6.6% | 10.3% | |
| Gearing (liabilities / total assets) | 21.2% | 22.1% | |
| Current ratio | 2.08x | 2.10x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Auditor
- TC Group
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “On 25 November 2024, the charitable company changed its name from Farney Close School Limited and at the same time was granted exemption from using the word "limited" in its name.”
- “In September 2023 the DfE agreed for us to increase our capacity from 72 to 100. This has enabled us to increase our number of Key Stage 2 students as well as facilitating a new Inclusion unit.”
- “In March 2024 Ofsted Social Care carried out their annual inspection where we gained the rating of Outstanding in all areas.”
- “In July 2024 West Sussex carried out a Safeguarding audit, achieving the best possible grading.”
- “Following the year end, the school increased its vocational offer and moved the school day from 5 lessons to 6 in January 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARTHOLOMEW, Nicki | Director | 2020-08-19 | Jan 1958 | British |
| JOHNSON, Richard Neil | Director | 2026-04-21 | May 1969 | British |
| SMITH, Alan John | Director | 2024-11-19 | Sep 1953 | British |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARRINGTON, Alison | Secretary | 2016-08-01 | 2020-12-04 |
| COPPERTHWAITE, Peter Michael | Secretary | 1992-02-21 | 2011-06-28 |
| THOMPSON, Elaine Valerie | Secretary | 2011-08-20 | 2017-02-01 |
| WARREN, Anne Therese | Secretary | — | 1992-02-21 |
| BALLARD, Graeme | Director | 2007-02-10 | 2012-02-04 |
| BALLARD, Graeme | Director | 2000-10-21 | 2006-02-11 |
| BARRY, Clarissa | Director | 2018-05-12 | 2019-03-13 |
| BARTHOLOMEW, Nicola Mary St George | Director | 2020-10-05 | 2021-02-09 |
| BARTHOLOMEW, Nicola Mary St George | Director | 2020-08-19 | 2021-02-09 |
| BENNETT, Mark | Director | 2018-10-20 | 2019-11-18 |
| BIGGS, John Colin Clive | Director | — | 2003-04-29 |
| BOMBERG, Edward Ronald | Director | — | 2000-04-27 |
| BOWLBY, Michael Robin Salvin | Director | 2018-10-20 | 2019-09-02 |
| BOWRY, Jenny Eunice | Director | 2014-10-18 | 2023-11-16 |
| BROOKS, Julian Phillip | Director | — | 1996-04-20 |
| BRYANT, Richard | Director | 1998-04-25 | 2012-02-04 |
| BURT, Sheila Mary | Director | — | 2021-05-05 |
| COLLINS, Lynne | Director | 2000-10-21 | 2018-04-16 |
| COPPERTHWAITE, Peter Michael | Director | — | 2002-06-17 |
| DEANE, Sue | Director | 2017-03-05 | 2024-08-31 |
| ELLIS BROWN, Vincent John Benedict | Director | — | 2000-10-21 |
| ETKIN, Herbert, Dr | Director | — | 2015-02-09 |
| EYNON, David Eustace | Director | — | 2015-01-09 |
| GIBRILL, Martin | Director | 1996-10-05 | 2023-11-16 |
| HERITAGE, Susan Kay | Director | 2007-02-10 | 2018-04-16 |
| HOUSTON, Lynne Christine | Director | 2007-02-10 | 2017-05-04 |
| JOHNS, Carole Susan | Director | 2018-05-12 | 2025-12-09 |
| JONES, Margaret Elizabeth | Director | 2002-02-02 | 2018-04-23 |
| KING, Beverley Jean | Director | 2011-12-03 | 2017-11-15 |
| LARKINS, Kenneth Bernard | Director | 2024-09-02 | 2024-11-19 |
| LARKINS, Sharon Anne | Director | 2024-09-02 | 2024-11-19 |
| LASHLEY, Simon Terence | Director | 2021-02-14 | 2022-03-26 |
| RIGGLESFORD, Loraine Elizabeth | Director | 2014-10-18 | 2015-11-19 |
| ROBINSON, Barry Charles | Director | 2020-10-05 | 2021-09-15 |
| ROSS, Heather Joy | Director | — | 1996-04-20 |
| STONIER, Gillian | Director | 1993-01-21 | 2000-10-21 |
| URWIN, Shelagh | Director | 2018-01-08 | 2020-01-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms Susan Anne Deane | Individual | Significant influence | 2021-05-05 | Ceased 2021-05-06 |
| Ms Sheila Mary Burt | Individual | Significant influence | 2017-01-01 | Ceased 2021-05-05 |
Filing timeline
Last 20 of 194 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-24 MA Memorandum articles
- 2025-01-24 RESOLUTIONS Resolution
- 2025-01-15 CERTNM Certificate change of name company
- 2025-01-15 NE01 Change of name exemption
- 2025-01-15 CONNOT Change of name notice
- 2024-09-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-21 | AA | accounts | Accounts with accounts type full | |
| 2025-01-24 | MA | incorporation | Memorandum articles | |
| 2025-01-24 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-15 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-01-15 | NE01 | change-of-name | Change of name exemption | |
| 2025-01-15 | CONNOT | change-of-name | Change of name notice | |
| 2024-11-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-04 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-06 | AA | accounts | Accounts with accounts type full | |
| 2024-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-17 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-08-31 vs 2023-08-31
-
Turnover
+18.6%
£4,266,195 £5,061,349
-
Cash
-68.3%
£2,882,891 £913,547
-
Net assets
+9%
£5,782,147 £6,301,123
-
Employees
+5.4%
74 78
-
Wages
+10.2%
£2,435,388 £2,683,736
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