QUEEN ELIZABETH'S GRAMMAR, ALFORD - A SELECTIVE ACADEMY LIMITED

• ⚠

  Material uncertainty over going concern

  During the year ended 31 August 2025, the academy faced significant cashflow difficulties alongside a significant in year deficit and were issued with a financial notice to improve warning letter after requesting financial support from the DfE. The DfE committed to supporting the trust and the school continues to work closely with the DfE in resolving the cashflow difficulties. This position is as a result of a number of reasons; the impact of the reduced number of students filtering through each year group, due to Covid, has had a profound impact of funding.

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

Auditor

Streets Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“During the year ended 31 August 2025, the academy faced significant cashflow difficulties alongside a significant in year deficit and were issued with a financial notice to improve warning letter after requesting financial support from the DfE. The DfE committed to supporting the trust and the school continues to work closely with the DfE in resolving the cashflow difficulties. This position is as a result of a number of reasons; the impact of the reduced number of students filtering through each year group, due to Covid, has had a profound impact of funding.”

Significant events

• “Delivery of major CIF projects which have improved the structure of the main building and by upgrading our fire doors across the Dyer building and upgrading our roofing on our two historically significant buildings. There is a new build planned in the centre of the school site which has planning and funding approved. Work will commence in due course.”
• “Maintained our rolling maintenance program which is having a positive impact on the overall material structure of the school over time. Including the continued maximisation of available space through the conversion of un utilised spaces into offices.”

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

1

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

  +7.1%

  £3,586,820 → £3,843,001

• Cash

  -36.4%

  £600,859 → £382,213

• Net assets

  -4.1%

  £8,158,492 → £7,826,400

• Employees

  0%

  75 → 75

• Operating profit

  +14.6%

  -£199,565 → -£170,460

• Profit before tax

  +8.1%

  -£276,400 → -£254,092

• Wages

  +1.7%

  £2,395,263 → £2,435,411

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