CROSFIELDS SCHOOL TRUST LIMITED

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

Haysmac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Finance Committee on behalf of the Board review the school's ongoing forecasts and projections on a termly basis to ensure that it remains financially viable. The forecast for the year shows a surplus of £348,467 but in terms of cash generation, the EBITDA is £1,576,067 which enables us to make the necessary interest and capital repayments to the bank loan. As mentioned in the Going Concern note, the whole sector has experienced substantial pupil number volatility in the last year, yet Crosfields has fared well with good numbers flowing up the school and strong preferential local links to some key mid-term initiatives requiring schooling. We are in a strong positive cash position and our forecasts show this to remain for the Going Concern period up to 31 January 2027 and beyond. On this basis, the cash-flow projections for future years indicate that the school will be able to meet its liabilities as they fall due from within current banking facilities. Governors review the ongoing risks on a termly basis see Risk Management. Pupil numbers as mentioned, alongside costs increasing beyond the control of the school remain our key financial risk exposures. Governors and the Senior Leadership Team continue to monitor the impact of wider changes, ensuring that school fees remain affordable for our families and the financial model is sustainable without detriment to education, pastoral or support. The school is maintaining a close relationship with the Bank to ensure that there is common understanding regarding the financial position of the business. As such, governors remain satisfied that the school can continue operating for the foreseeable future and accounts have been prepared in the knowledge that the school is a financially viable organisation. The governors have reviewed the accounts, financial model, future plans and risks and are confident that the charity is a going concern.”

Group structure

1. CROSFIELDS SCHOOL TRUST LIMITED · parent
   1. Crosfields School Enterprises Limited 100% · England and Wales · hired out the sports hall, swimming pool and other facilities at Crosfields School

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

4

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +3.5%

  £12,466,622 → £12,906,404

• Cash

  -2.6%

  £4,802,867 → £4,678,969

• Net assets

  +10%

  £7,450,804 → £8,193,040

• Employees

  -1.5%

  195 → 192

• Wages

  -3.5%

  £6,341,650 → £6,120,281

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