WINDERMERE EDUCATIONAL TRUST LIMITED

• ⚠

  Material uncertainty over going concern

  Whilst this creates an uncertainty regarding going concern, the Governors have a reasonable expectation that the Trust will be able to meet its repayment obligations.

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. WINDERMERE EDUCATIONAL TRUST LIMITED 2000-12-15 → present
2. ST ANNE'S SCHOOL EDUCATIONAL TRUST LIMITED 1967-09-08 → 2000-12-15

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

JS. Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Whilst this creates an uncertainty regarding going concern, the Governors have a reasonable expectation that the Trust will be able to meet its repayment obligations.”

Significant events

• “The ongoing impact of the pandemic and wider socio-political considerations including the introduction of VAT on private school fees resulted in the decision to focus on a 2-year plan to September 2024. The plan included the repayment of the CBIL in the 2023/24 financial year. A business model for the future has been developed and will be implemented in 2024/25.”
• “The decision was taken towards the end of the 2023/4 academic year to relocate the pre-school to Year 6 pupils from the Elleray Campus to the Browhead Campus during the 2024/25 academic year.”
• “The Board of Governors have agreed to relocate the Junior School to the senior School Campus (Browhead). This will be completed by April 2025, with the sale of the Junior School campus (Elleray) already underway.”

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

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  -9.7%

  £5,964,678 → £5,383,514

• Cash

  -74.7%

  £425,412 → £107,725

• Net assets

  -1.3%

  £21,045,919 → £20,771,972

• Employees

  -5.8%

  120 → 113

• Profit before tax

  -132.4%

  £846,263 → -£273,947

• Wages

  -4.8%

  £3,670,625 → £3,494,738

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