THE UCL ACADEMY

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

UHY Hacker Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the board of Trustees has a reasonable expectation that the Academy Trust has adequate resources to continue in operational existence for the foreseeable future. For this reason, the board of Trustees continues to adopt the going concern basis in preparing the accounts.”

Significant events

• “During our regularity review of the period ended 31 August 2025, we noted the trust has not produced monthly management accounts after March 2025 in accordance with the Academy Trust Handbook (2.18) and has not shared them in a timely manner with the Trustees (2.19).”
• “During our regularity review for the year ended 31 August 2025, the trust identified a payment of £12,000 to a consultant for services that was found should have been delivered by an employee of the trust. The trust found that this arrangement represented a breach of the principles of regularity and propriety, as the additional expenditure was incurred without clear justification or documented approval for outsourcing duties that fall within the scope of salaried staff responsibilities. The lack of evidence of value for money and proper authorisation means we cannot conclude that this transaction was in accordance with the framework of authorities.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -16.4%

  £1,984,040 → £1,658,061

• Net assets

  -19.5%

  £1,528,634 → £1,230,600

• Employees

  -14%

  164 → 141

• Wages

  -6.3%

  £7,328,148 → £6,867,726

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