THE SHARED LEARNING TRUST

• ⚠

  Material uncertainty over going concern

  The Trustees' intend to wind up the charitable company and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. As of 1 September 2024, all schools, assets and liabilities from The Shared learning Trust were transferred to Advantage Schools. The Trust is expected to be wound up within six months of the end of the 2023/24 academic year.

1. THE SHARED LEARNING TRUST 2015-07-03 → present
2. BARNFIELD ACADEMY TRUST 2012-05-15 → 2015-07-03
3. BARNFIELD ACADEMY TRUST - LUTON 2010-08-10 → 2012-05-15
4. BARNFIELD WEST ACADEMY 2006-10-06 → 2010-08-10

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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Trustees' intend to wind up the charitable company and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. As of 1 September 2024, all schools, assets and liabilities from The Shared learning Trust were transferred to Advantage Schools. The Trust is expected to be wound up within six months of the end of the 2023/24 academic year.”

Significant events

• “On 1st September 2024 the operations of The Shared Learning Trust, namely The Chalk Hills Academy, The Stockwood Park Academy, The Vale Academy, The Linden Academy and the Rushmere Park Academy was transferred to the control of Advantage Schools.”
• “The Shared learning Trust will be wound-up within six months of the end of academic year 2023/24.”

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

Filings

1

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

  +8.7%

  £29,944,000 → £32,557,000

• Cash

  -21.2%

  £7,584,000 → £5,979,000

• Net assets

  -2.4%

  £74,274,000 → £72,490,000

• Employees

  -2.2%

  632 → 618

• Operating profit

  +75.7%

  -£762,000 → -£185,000

• Wages

  +15.3%

  £16,604,000 → £19,143,000

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