CLAIRES COURT SCHOOLS LIMITED

• ◆

  3 officer resignations in last 12 months

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

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. CLAIRES COURT SCHOOLS LIMITED 1998-12-21 → present
2. VELOCITY 229 LIMITED 1998-12-09 → 1998-12-21

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On October 30, 2024 it was announced that school fees would be taxable at the standard VAT rate of 20% from 1 January 2025. The directors sought the widest possible advice and the school was as prepared as it could be, despite the very short timeframe given. The implementation was undertaken, but the directors nevertheless accept that inevitably there may be errors in interpretation or treatment of transactions and will continue to actively monitor the position. They continue to bear down on costs in the face of financial headwinds and to identify new ways to generate additional income. ... The directors are not aware, however, of any circumstances that may adversely affect the renewal of these facilities. Accordingly, the directors believe it is appropriate to prepare the financial statements on the going concern basis.”

Significant events

• “During 2023-24 planning permission was obtained for the creation of a Food Studio at the Senior Boys site with building work commencing at the end of the summer term and completion aimed for during the autumn term 2024-25.”
• “During 2023-24 planning permission was obtained for the development of a Multi-Use Games Area (MUGA) for which works also commenced during the summer with completion during 2024-25.”
• “The imposition of VAT on school fees can only have a long-term deterrent eff ect on a typical family's approach to private education.”
• “The directors continued to make school places available on a pro bono basis to displaced Ukrainian children whose education had been disrupted by the Russian invasion of their native country.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +8.3%

  £16,383,921 → £17,739,238

• Cash

  +38,725%

  £3,070 → £1,191,926

• Net assets

  -12.4%

  £1,040,266 → £911,712

• Employees

  +2.3%

  308 → 315

• Operating profit

  -91.1%

  £337,386 → £29,977

• Profit before tax

  -134.2%

  £211,843 → -£72,554

• Wages

  +11.6%

  £8,977,315 → £10,018,647

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