GLENDOWER 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

Standalone (parent only)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been drawn up using the going-concern basis as the Governors, after the review of relevant budgets and forecasts, have a reasonable expectation that the organisation will continue in operational existence for a minimum of twelve months from the date of the signing of the accounts. This assessment has been made having considered budgets and cashflow forecasts covering a period of at least twelve months from the date these accounts were approved.”

Significant events

• “Post year end the school terminated the interest rate swap agreement with BNP Paribas.”
• “In September 2024, Claire Boyd took over as Headmistress following the departure of Nina Kingsmill-Moore to lead another London prep school.”
• “In the academic year 2023-2024, the school raised a total of £476,394, reflecting the tremendous support of current and former families.”
• “In the 2024 financial year, we supported three 110% (full fees plus extras) bursary pupils and their families as they settle into life at Glendower. In the 2025 financial year, the number of bursary pupils increased to five”

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

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +10.6%

  £6,695,668 → £7,404,895

• Cash

  +51.5%

  £2,464,873 → £3,735,312

• Net assets

  +2.9%

  £9,451,926 → £9,724,392

• Employees

  +4.5%

  67 → 70

• Profit before tax

  +55.7%

  £175,027 → £272,466

• Wages

  +6%

  £2,699,918 → £2,861,197

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