THE MOUNTAIN TRAINING TRUST

• ⚠

  Material uncertainty over going concern

  The current financial position creates a material uncertainty in relation to the group's ability to continue as a going concern, but the trustees are confident that the going concern risk is mitigated by the continued support from Sport England.

• ◆

  5 officer resignations in last 12 months

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

• ◆

  5 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

WR Partners

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The current financial position creates a material uncertainty in relation to the group's ability to continue as a going concern, but the trustees are confident that the going concern risk is mitigated by the continued support from Sport England.”

Group structure

1. THE MOUNTAIN TRAINING TRUST · parent
   1. Mountain Training Limited 100% · United Kingdom

Significant events

• “During the year 2024/25 negotiations with Sport England over the possible five year extension of the Sport England management contract for Plas Y Brenin took considerable time”
• “We also recruited a new director of marketing, a person who has already had a significant impact and supported the Chief Executive Officer in closing a range of partnerships and large contracts”
• “Fire rectification work across the buildings at Plas Y Brenin continues, in close liaison with Sport England.”
• “We have started to activate our sponsor partnership arrangements and have benefited in the year - for example - Ellis Brigham's support in respect of the courtyard block.”
• “Work on the board continued with an extensive review of the skills required to support the delivery of the strategic plan and to meet Sport England's governance Tier 3 standard.”
• “In this financial year the focus was on building a bigger funding base and setting out the appropriate policies and procedures for the MAF programme. We will broaden our range of fundraising objectives in future years and intend to hire our first professional fundraiser in the 2025/26 year.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  -2.7%

  £2,128,463 → £2,070,232

• Cash

  +27.3%

  £363,590 → £462,816

• Net assets

  -523%

  -£46,317 → -£288,564

• Employees

  -3.6%

  83 → 80

• Operating profit

  +34.5%

  -£401,124 → -£262,900

• Profit before tax

  +36.7%

  -£382,859 → -£242,247

• Wages

  +0.3%

  £2,013,921 → £2,020,341

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