SMALLWOOD MANOR PREPARATORY SCHOOL LIMITED

• ⚠

  Material uncertainty over going concern

  The directors consider that the preparation of the financial statements for Smallwood Manor Preparatory School Limited should be on a basis other than as a going concern. This reflects the fact that the trade of the charitable company and certain business assets (excluding the school land and buildings) were gifted to Denstone College in 2021 and the school land and buildings were sold to an external third party. It is now intended that Smallwood Manor Preparatory School Limited will commence the necessary steps to undertake a voluntary winding up, as soon as the Pensions Trust liability can be finalised, or earlier, if possible.

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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors consider that the preparation of the financial statements for Smallwood Manor Preparatory School Limited should be on a basis other than as a going concern. This reflects the fact that the trade of the charitable company and certain business assets (excluding the school land and buildings) were gifted to Denstone College in 2021 and the school land and buildings were sold to an external third party. It is now intended that Smallwood Manor Preparatory School Limited will commence the necessary steps to undertake a voluntary winding up, as soon as the Pensions Trust liability can be finalised, or earlier, if possible.”

Significant events

• “Following an in-depth review of all aspects of the school during the previous years and this, it was agreed that the school would merge with Denstone College from 1st September 2021. The company continued to trade as normal during the year to 31st August 2021 and provided the pupils with education, support and care that it always strived to give. The merger went ahead as planned on 1st September 2021 and the school activity was gifted to Denstone College. The land and buildings and the investment properties were sold to a third party on 13th September 2021. All trade attributable to the company and it's subsidiary ceased therefore on 31st August 2021.”
• “Smallwood Manor Enterprises Limited was dissolved on 10th May 2022.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -4.9%

  £163,010 → £154,996

• Net assets

  -3.1%

  £172,511 → £167,091

• Employees

  —

  Not reported

• Operating profit

  +97.4%

  -£201,588 → -£5,172

• Profit before tax

  +97.4%

  -£202,063 → -£5,320

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