OUR LADY OF SION SCHOOL, WORTHING

• ◆

  4 officer resignations in last 12 months

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

• ◆

  5 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Alliotts LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The governors are comfortable that the Charity remains a going concern and therefore the adoption of the going concern basis for preparing the financial statements remains appropriate.”

Significant events

• “In November 2023, Our Lady of Sion School underwent a full inspection by the Independent Schools Inspectorate (ISI), under the revised inspection framework introduced in September of the same year.”
• “This past year has proved to be very challenging, with the effects of the poor economic climate being felt by parents, as well as the school. Not only has this resulted in increased costs, but has affected parents' decisions about investing in independent education, reflected in lower pupil numbers.”
• “Sion School is responding proactively to a sustained decline in student enrolment, which reflects broader demographic shifts, and economic pressures on families along with rising operational costs which lead to higher fees. In light of these challenges, the Governors and School Leadership Team have undertaken a strategic review of the school's operations, with a clear focus on ensuring long-term financial sustainability.”
• “At the same time, the school continues to innovate, notably through the development of a Wellbeing Curriculum that responds to growing concerns around youth mental health and screen dependency.”

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

Filings

18

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  -1.6%

  £4,239,299 → £4,173,195

• Cash

  +21.9%

  £997,213 → £1,215,230

• Net assets

  -11.7%

  £2,875,420 → £2,538,936

• Employees

  +1.1%

  88 → 89

• Operating profit

  -657.3%

  -£46,990 → -£355,840

• Profit before tax

  -788.8%

  -£37,859 → -£336,484

• Wages

  +7.2%

  £2,307,879 → £2,474,019

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