RICHMOND HOUSE SCHOOL

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

Auditor

Thomas Coombs Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The governors have prepared robust forecasts covering the period to August 2026 and undertaken an assessment of expectations for the following academic year. These forecasts and assessments continue to be regularly reviewed and, having taken into account the projected cash flows, existing cash reserves and bank loan commitments, the governors consider the school will continue to be a going concern for the foreseeable future. The Trustees are confident that, given the strong foundations existing within the School, including a widely skilled Board of Governors, strong leadership, a stable workforce, increased pupil numbers and a sound balance sheet (which includes free cash reserves), that the School will weather the current and impending storms albeit that they also recognise that some hard decisions may need to be taken at times to ensure that the School continues on a strong trajectory.”

Significant events

• “2024/25 was a year of growth and resilience for Richmond House School, marked by stable pupil numbers, a successful ISI inspection, and strong financial performance despite significant external pressures.”
• “Cost control remained a key priority, with significant cost increases following the removal of Charitable Rates Relief, National Living Wage increases, and increases in National Insurance Contributions compounded by absorbing the majority of the VAT impact in order to minimise the amount passed on to parents.”
• “In February 2025, Richmond House received a highly positive ISI inspection report, which confirmed that safeguarding and wellbeing systems are robust and comprehensive, with no areas of recommendation.”
• “The school demonstrated strong financial management, achieving a surplus of £53k for 2024/25, significantly outperforming the budgeted deficit, driven by pupil numbers outperformance.”
• “The introduction of VAT onto independent school fees from January 2025 poses significant risks for Richmond House School and all independent schools, as evidenced by the closures of several local schools since then.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -0.4%

  £2,608,597 → £2,599,196

• Cash

  +7.7%

  £1,751,375 → £1,886,255

• Net assets

  +1.9%

  £2,862,935 → £2,916,154

• Employees

  —

  Not reported

• Wages

  +8.8%

  £1,441,371 → £1,568,728

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