ST. MARY'S SCHOOL CAMBRIDGE

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

Peters Elworthy & Moore

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“While the external environment presents a number of challenges, including the introduction of VAT on school fees and the loss of business rates relief, the Governors confirm that the going concern basis of accounting is appropriate for these financial statements. The Governors have been actively engaged in developing strategic responses to these pressures, and actions have already been taken to safeguard the School's mission and financial health; these actions include enhancing operational efficiencies, reviewing non-essential expenditure and diversifying income streams. These plans are designed to ensure the School's resilience and ability to meet its obligations as they fall due for at least the next 12 months from the date of approval of these financial statements.”

Group structure

1. ST. MARY'S SCHOOL CAMBRIDGE · parent
   1. St Mary's School Enterprises Limited 100% · UK · Supply of services to the summer school
   2. St Mary's Junior School Limited 100% · UK · Dormant
   3. St Mary's School Cambridge International Limited 100% · UK · Dormant

Significant events

• “In Autumn 2023, St Mary's was announced as a finalist in the Independent School of the Year Awards for Independent Girls' School of the Year, in a shortlist of just six schools nationally.”
• “In April 2024, the school was named a finalist for the 'Boarding Innovation Award' category in the highly regarded BSA Boarding Excellence Awards in recognition of the school's commitment to delivering exceptional boarding provision through innovative practices and the expertise of practitioners.”
• “In 2023/24 the value of means tested bursaries totalled £522,383 compared to £582,150 in 2022/23. This represented 4.05% of our gross fees (compared to 4.38% for 2022/23) and provided assistance to 40 students (45 students in 2022/23).”
• “The Mary Ward Suite was put into use immediately with all academic staff invited to book the rooms to teach a lesson. Detailed work was carried out by our Senior Deputy with interior design specialists to ensure the four new rooms are a calm learning space, which are easy for both teachers and students alike to navigate. There is a long-term plan to use the four classrooms as a blueprint for re-development of all classrooms across the Senior School site.”
• “A full roof replacement was carried out on the main Junior School building during July and August 2024, and the work was completed for the start of the academic year.”

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

1

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

  -4.7%

  £13,284,691 → £12,666,902

• Cash

  -31.3%

  £3,733,072 → £2,564,169

• Net assets

  -2.5%

  £18,952,592 → £18,487,421

• Employees

  0%

  160 → 160

• Operating profit

  -145%

  £1,178,335 → -£530,161

• Profit before tax

  -139.2%

  £1,186,997 → -£465,171

• Wages

  +4.7%

  £6,375,903 → £6,673,581

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