SOUTH LEE SCHOOL LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1.6 in the financial statements, which indicates that the charitable company has net current liabilities as at 31 August 2025 of £865,516. As stated in note 1.6, these events or conditions, along with the other matters as set out in the note 1.6, indicate that a material uncertainty exists that may cast significant doubt on the charitable company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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

Whitings LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1.6 in the financial statements, which indicates that the charitable company has net current liabilities as at 31 August 2025 of £865,516. As stated in note 1.6, these events or conditions, along with the other matters as set out in the note 1.6, indicate that a material uncertainty exists that may cast significant doubt on the charitable company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Significant events

• “This year has proven to be incredibly positive with pupil numbers in Prep School holding at their 2023/24 level despite the introduction of VAT on fees in January and increasing fees by 15.8% on 1st January after the usual increase in Sept 24.”
• “Nursery has increased pupil numbers from an average number of 65 in 23/24 to 85.66 in 24/25 which is an increase of 31.78%.”
• “Excluding depreciation the operational result is a surplus of £132,380 (2024 - £12,384). The net operating surplus with depreciation for the year for all funds was £64,022 (2024 deficit of £55,725).”
• “The School continues to work hard to retain pupils from Year 6 into Year 7 and for the first time in a number of years managed to retain all its Year 6 pupils from 2024/25 for the Year 7 intake of 2025/26.”

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

2

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

  —

  Not reported

• Cash

  +17.3%

  £309,362 → £362,949

  highest in 3 filed years

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers