TEESSIDE HIGH SCHOOL LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2 in the financial statements, which indicates that the charity has made a deficit in 2025 and is budgeting a deficit for the year ended 31 July 2026, which will have a negative impact on the schools cashflow. As stated in note 2, these events or conditions, along with other matters as set forth in note 2, indicate that a material uncertainty exists that may cast significant doubt on the charity's ability to continue as a going concern.

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

Anderson Barrowcliff Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2 in the financial statements, which indicates that the charity has made a deficit in 2025 and is budgeting a deficit for the year ended 31 July 2026, which will have a negative impact on the schools cashflow. As stated in note 2, these events or conditions, along with other matters as set forth in note 2, indicate that a material uncertainty exists that may cast significant doubt on the charity's ability to continue as a going concern.”

Group structure

1. TEESSIDE HIGH SCHOOL LIMITED · parent
   1. Teesside High School Enterprises Limited 1% · England and Wales · to raise revenue generally from non-school fee income. The subsidiary has not traded in the year.

Significant events

• “The financial year ending 31 July 2025 (and budgets for 31 July 2026) have been negatively impacted by a combination of external factors, specifically measures introduced by the government, including VAT on Independent School Fees, the loss of business rates relief, and increases in National Insurance contributions and the threshold reduction, together with a general rise in costs.”
• “The bank have confirmed that it is supportive of the current 'THS' Business Plan, which includes development of the Nursery project, based upon financial projections notes and assumptions presented for the next 12 months they have agreed to waive the 2025 and 2026 covenant testing and provide an extension of the overdraft facility over Christmas 2025/26 period should it be needed.”
• “In December 2019, a further legal challenge was made against the TPS relating to an identified equalities issue whereby male survivors of opposite-sex marriages and civil partnerships are treated less favourably than survivors in same-sex marriages and civil partnerships. The impact of these events was taken into account when the scheme valuation was implemented in April 2024, based on March 2020 data.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +3.1%

  £4,361,073 → £4,496,218

• Cash

  +107.7%

  £507,420 → £1,053,926

• Net assets

  +4.7%

  £3,081,350 → £3,226,264

• Employees

  -4.4%

  91 → 87

• Operating profit

  -9.9%

  £275,493 → £248,231

• Profit before tax

  -25.2%

  £193,628 → £144,914

• Wages

  +4%

  £2,306,680 → £2,398,993

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