WELLINGBOROUGH SCHOOL

• ◆

  3 officer resignations in last 12 months

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

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Governors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. WELLINGBOROUGH SCHOOL · parent
   1. Wellingborough School Enterprise Limited 1% · England & Wales · Management and hiring of Wellingborough School's facilities

Significant events

• “In what was an undeniably tumultuous year for the independent sector, Wellingborough was once again able to be proud of forging forward and demonstrating what an excellent school it is. The biggest highlight of the year came in January, when the School was visited by the Independent Schools Inspectorate for its first Inspection within the new structure, Framework 23, that was introduced by ISI four terms earlier.”
• “It was during 2024-25 that the preparations for the building of Wellingborough's new Technology Centre turned into explicit construction, and the progress made was a growing feature of the year and of the site.”
• “On a more prosaic level, the Labour Government's introduction of VAT on fees from January did not cause the same ripples at Wellingborough as it may have done elsewhere. The School and its Governors had been planning for this implementation for over two years, had communicated its plans clearly with parents and so was in a position not to increase its fees mid-year.”
• “Project COPERNICUS, which set out a statement of strategic intent of how assets will be delivered to enhance teaching and learning, and to underpin the School's vision.”
• “Project MERCURY is the overarching name given to a series of initiatives being implemented to future-proof the School's operating model against potential political, financial, and organisational challenges identified on the risk register. It seeks to set the necessary conditions for organisational resilience beyond the 18-month horizon by making deeper judgements than the going concern statement current provides.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

4

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

  -7.4%

  £15,017,422 → £13,899,201

• Cash

  +18.9%

  £4,264,072 → £5,069,695

• Net assets

  +23.5%

  £32,390,631 → £40,004,858

• Employees

  -2.8%

  246 → 239

• Profit before tax

  +481.1%

  £1,281,838 → £7,448,425

• Wages

  +6.6%

  £8,393,841 → £8,947,473

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