THE SECKFORD FOUNDATION

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

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' 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 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. THE SECKFORD FOUNDATION · parent
   1. Woodbridge School Enterprises Limited 100% · UK · operates various trading activities related to The Foundation.

Significant events

• “In October 2024, the budget confirmed the Government's decision to remove the VAT exemption from independent school fees with effect from January 2025 and also to remove business rates relief from charitable schools, such as ours, with effect from April 2025.”
• “September 2024 marked fifty years since the introduction of girls. We were the first independent school in the county to do so and indeed we made newspaper headlines for what was called a 'petticoat revolution'. This was celebrated with a commemorative chapel service and reunion event.”
• “Net cash funds increased in the year by £67,000 due to the reduction in finance lease obligations.”

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

  +6.6%

  £17,392,000 → £18,534,000

• Cash

  -1.3%

  £1,494,000 → £1,475,000

• Net assets

  +3.8%

  £26,554,000 → £27,552,000

• Employees

  +1.3%

  240 → 243

• Operating profit

  -23%

  £1,562,000 → £1,203,000

• Profit before tax

  -23%

  £1,562,000 → £1,203,000

• Wages

  +3.4%

  £9,023,000 → £9,331,000

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