LUDGROVE SCHOOL TRUST LIMITED

• ◆

  5 officer resignations in last 12 months

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

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

Consolidated group

Auditor

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Directors have reviewed the funds available to the School together with the expected ongoing demand for places and the future projected cash flows, and have concluded that the school has adequate resources to continue its activities for the foreseeable future. Additionally, despite the current uncertainty in the wider economy, the strength of the School's Statement of financial position is such that the directors consider that there is currently no material uncertainty over the school's financial viability. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. LUDGROVE SCHOOL TRUST LIMITED · parent
   1. The Ludgrove School Foundation 100% · United Kingdom · Charitable foundation

Significant events

• “During the year, the School conducted a review of its accounting policies and subsequently revised its policy for the recognition of trade debtors. The impact of this change has been applied retrospectively and detail is provided in note 24.”
• “The Virgin Media Ltd v NTL Pension Trustees II decision, handed down by the High Court on 16 June 2023, considered the implications of section 37 of the Pension Schemes Act 1993. This case has the potential to cause significant issues in the pensions industry. The trustees of the Ludgrove School Defined Benefit pension scheme will investigate the possible implications with its advisers in due course, but it is not possible at present to estimate the potential impact, if any, on the Scheme.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  —

  Not reported

• Cash

  +129.7%

  £2,592,643 → £5,955,616

• Net assets

  +8.2%

  £15,095,533 → £16,335,859

• Employees

  -3.5%

  114 → 110

• Operating profit

  +871.9%

  £87,492 → £850,326

• Profit before tax

  +871.9%

  £87,492 → £850,326

• Wages

  +2.6%

  £2,621,866 → £2,689,031

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