NATIONAL FOUNDATION FOR EDUCATIONAL RESEARCH IN ENGLAND AND WALES(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

“The Trustees, after reviewing our activities, financial position and risk management framework including challenging external economic factors, have determined that there are no material uncertainties related to events or conditions that cast significant doubt on the NFER's ability to continue as a going concern for at least 12 months beyond the date the accounts are signed, as there is sufficient work secured for the next 12 months and the organisation has enough cash and investments that can be easily liquidated to cover running costs for that period. Moreover, NFER has a loan facility in place with Barclays Bank Plc enabling it to borrow up to £2 million to cover any short-term working capital requirements that may arise. The financial statements therefore continue to be prepared on the going concern basis.”

Group structure

1. NATIONAL FOUNDATION FOR EDUCATIONAL RESEARCH IN ENGLAND AND WALES(THE) · parent
   1. NFER Trading Limited 100% · England and Wales · dormant
   2. i-nfer Assessment Limited · dormant

Significant events

• “Following the General Election, we analysed various ways in which the Government might achieve its 6,500 teacher manifesto pledge, including through the use of bursaries, pay, and reducing workload. We also expanded our workforce portfolio by undertaking new research into the further education workforce, which faces significant challenges.”

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

Filings

10

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

  -11.5%

  £21,347,000 → £18,891,000

• Cash

  -81%

  £2,736,000 → £519,000

• Net assets

  -15.5%

  £25,110,000 → £21,212,000

• Employees

  -8.4%

  275 → 252

• Operating profit

  -12.9%

  -£3,186,000 → -£3,598,000

• Profit before tax

  -6.7%

  -£3,414,000 → -£3,643,000

• Wages

  -4.6%

  £13,214,000 → £12,603,000

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