THE GRAMMAR SCHOOL AT LEEDS

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. THE GRAMMAR SCHOOL AT LEEDS 2005-08-31 → present
2. LEEDS GRAMMAR SCHOOL 1995-07-04 → 2005-08-31

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

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After consideration of the charity's risks, the Governors believe that the charity is well placed to operate successfully in the future and the banking covenants will be met. Accordingly, the Governors have determined that the financial statements should be prepared on a going concern basis.”

Group structure

1. THE GRAMMAR SCHOOL AT LEEDS · parent
   1. GSAL Enterprises Limited 1% · England and Wales · letting of the school campus facilities
   2. GSAL Transport Limited 1% · England and Wales · provision of transport services

Significant events

• “Work has continued on the Performing Arts Centre (PAC) whilst the theatre foyer has been refurbished. The Individual Needs Department has been redeveloped to create a superior teaching space whilst the Year 7 playground has been upgraded.”
• “The wired network has been upgraded, the new website has been launched, the interactive board replacement programme has been completed and work continues on cyber security resilience. The process of planting 10,000 trees to help offset our carbon footprint has started whilst the replacement of lights with energy efficient LEDs has continued.”
• “On 14 November 2022, as part of a restructuring and refinancing exercise, the total assets and liabilities of the LGS General Charitable Trust were transferred to the school. The transfer included £43m of fixed assets, largely the land and buildings at Alwoodley Gates currently occupied by school. The banking facilities with NatWest were renewed at the point of restructure, and loan liabilities of £28m and a swap contract (asset) with a value of £3m were transferred to GSAL.”

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

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

  +4.4%

  £29,058,000 → £30,332,000

• Cash

  +26.3%

  £12,724,000 → £16,073,000

• Net assets

  +6.3%

  £20,233,000 → £21,511,000

• Employees

  +9.7%

  472 → 518

• Operating profit

  +28.3%

  £2,053,000 → £2,635,000

• Profit before tax

  -79.8%

  £6,324,000 → £1,278,000

• Wages

  +5.4%

  £14,946,000 → £15,754,000

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