FREWEN EDUCATIONAL TRUST LIMITED(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

TC Group

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the charity's forecasts and projections to the end of the 2024/25 financial year, the governors have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “The VAT exemption for Independent Schools will be removed by the Government from January 2025; therefore, all fees and additional costs (e.g. trips) will be subject to VAT.”
• “Mark Loveday has been appointed as Headmaster from September 2024 following Nick Goodman's retirement after 10 years.”
• “Further capital expenditure items included upgrading our security systems, creation of a new Sixth Form centre, and Drama studio, and the start of the kitchen, servery and dining room extension project which is due to be completed by October 2025.”
• “The governors have appointed Ptolemy Dean Architects to conduct a feasibility study for the planned new build and expansion of our catering facilities.”

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

2

last 12 months

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

• Turnover

  +5.6%

  £4,377,845 → £4,623,886

• Cash

  +55.7%

  £1,045,167 → £1,626,917

• Net assets

  +21.9%

  £2,007,707 → £2,446,447

• Employees

  -4.2%

  95 → 91

• Operating profit

  -12.9%

  £505,376 → £439,954

• Profit before tax

  -12%

  £498,849 → £438,740

• Wages

  +1.2%

  £2,475,454 → £2,505,101

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