RUSSELL EDUCATION TRUST
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Next accounts due
2027-05-31 (in 1y)
Last filed for 2025-08-31
Confirmation statement due
2026-12-10 (in 7mo)
Last made up 2025-11-26
Watchouts
None on the register
Cash
£6M
-6.4% vs 2024
Net assets
£80M
+6.8% vs 2024
Employees
684
+16.9% vs 2024
Profit before tax
—
Period ending 2025-08-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-08-31
| Metric | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Turnover | £34,632,000 | £39,343,000 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | -£115,000 | £5,278,000 | |
| Cash | £6,673,000 | £6,243,000 | |
| Total assets less current liabilities | £74,720,000 | £79,808,000 | |
| Net assets | £74,720,000 | £79,808,000 | |
| Equity | £74,720,000 | £79,808,000 | |
| Average employees | 585 | 684 | |
| Wages | £19,442,000 | £22,396,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Net margin | -0.3% | 13.4% | |
| Gearing (liabilities / total assets) | 3.7% | 5.4% | |
| Current ratio | 2.81x | 2.00x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- UHY Hacker Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making appropriate enquiries, the Board has reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “In March 2025, Elmlea Infants School and Elmlea Junior School transferred into RET from Elmlea Schools Trust.”
- “The Trust faced a major challenge in 2024-25 arising from the discovery of asbestos containing material (ACM) in ceiling voids at Becket Keys Church of England School in spring 2025.”
- “The Trust's central team worked closely with colleagues at St Andrew the Apostle to ensure the effective delivery of the schools new building ready for opening at the start of the 2025-26 academic year.”
- “The new school building was handed over to the school in September 2025 ready for the start of the 2025-26 academic year.”
- “The unforeseen challenges arising from a significant level of absences to key staff due to ill health, and the additional work arising from the discovery of ACMs at Becket Keys, were particularly difficult for the Trust to manage.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRAZIL, Clive James | Director | 2016-03-14 | Oct 1974 | British |
| HILL, Richard Samuel | Director | 2025-03-01 | Mar 1990 | British |
| LYNCH, Daniel Christopher | Director | 2010-11-26 | Jan 1955 | British |
| LYNCH, Karen | Director | 2010-11-26 | Jan 1957 | British |
| MACKINLAY, Colin | Director | 2019-09-01 | Aug 1965 | British |
| PAREAS, Marina | Director | 2020-10-07 | Jun 1957 | British |
| STEWART, Joan Francesca | Director | 2023-09-07 | May 1959 | British |
| TAYLOR, Patricia Mary | Director | 2019-09-01 | May 1954 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHAMBERS, John Beaty | Director | 2018-10-01 | 2021-11-01 |
| DOWNS, Jenny | Director | 2024-01-01 | 2025-01-07 |
| GUNN, Iain | Director | 2019-10-07 | 2023-04-19 |
| HALE, David Andrew | Director | 2014-04-23 | 2016-01-18 |
| KARAOLIS, Mary Helen | Director | 2015-01-01 | 2020-08-31 |
| MCDERMOTT, John | Director | 2011-01-04 | 2023-01-09 |
| NOLAN, Sheila Mary Batchelor | Director | 2011-05-03 | 2014-09-01 |
| SAVAGE, Christine Mary | Director | 2023-01-09 | 2023-07-10 |
| SMYTH, Christine | Director | 2011-06-01 | 2020-03-09 |
| WARD, Philip | Director | 2010-11-26 | 2019-08-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 68 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-23 | AA | accounts | Accounts with accounts type full | |
| 2024-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-29 | AA | accounts | Accounts with accounts type full | |
| 2023-10-25 | CH01 | officers | Change person director company with change date | |
| 2023-09-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-23 | CH01 | officers | Change person director company with change date | |
| 2023-06-23 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2023-06-22 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2023-04-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-24 | AA | accounts | Accounts with accounts type full | |
| 2023-01-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-10 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-08-31 vs 2024-08-31
-
Turnover
+13.6%
£34,632,000 £39,343,000
-
Cash
-6.4%
£6,673,000 £6,243,000
-
Net assets
+6.8%
£74,720,000 £79,808,000
-
Employees
+16.9%
585 684
-
Wages
+15.2%
£19,442,000 £22,396,000
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