STAFFORD INDEPENDENT GRAMMAR SCHOOL

1. STAFFORD INDEPENDENT GRAMMAR SCHOOL 1983-01-27 → present
2. STAFFORD INDEPENDENT GRAMMAR SCHOOL LIMITED 1982-08-11 → 1983-01-27

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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“It is critical that shortfalls are tackled in turbulent times as financial resilience will help the School to stay flexible and adaptable to unexpected changes in pupil numbers and to manage planned and unplanned costs. The expenditure of the School is dominated by staff salaries which amount to 73% of net total income. Nevertheless opportunities for reducing costs, without adversely affecting performance, are identified and actioned when possible which has occurred through 2024/25 and into 2025/26. The School is debt free. At the year end the School had cash at bank and in hand of £1,838,761 alongside £950,000 of current asset investments in the form of cash deposits. However, it has £1,493,244 as part of its fees in advance schemes and £52,348 of restricted reserves leaving a net unencumbered cash and current investment balance available to the School of £1,243, 169. After making appropriate enquiries, including consideration of cash flow forecasts to the end of FY2026, the Governors have concluded that it is reasonable to expect that the School will generate sufficient resources to continue in operational existence for the foreseeable future and meet all of its financial obligations. It is considered that, after examining likely and definite future risks to the business, that there will be sufficient funds to continue in operation as and when these risks materialise. As a matter of course Governors consider the financial risks to the School at formal meetings and also informally on a monthly basis by reviewing the management accounts. For this reason the Governors have continued to adopt a going concern basis in preparing the School's financial statements.”

Significant events

• “VAT at 20% was added to School fees as required by HM Revenue & Customs (HMRC) from 1 January 2025.”
• “The School has announced that there will be no fee increase for 2025/26 to keep tuition fees as low as possible.”

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

Filings

8

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

  -5.8%

  £5,974,571 → £5,625,792

• Cash

  +10.8%

  £1,659,844 → £1,838,761

• Net assets

  -1.7%

  £5,393,670 → £5,300,028

• Employees

  -5.6%

  125 → 118

• Wages

  -8.4%

  £3,471,239 → £3,180,332

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