TRANSFORMING LIVES EDUCATIONAL TRUST

1. TRANSFORMING LIVES EDUCATIONAL TRUST 2016-10-01 → present
2. ASHLAWN SCHOOL ACADEMY TRUST 2011-02-03 → 2016-10-01

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

Dains Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the Trust Board has a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future. Trustees are confident that budgets and forecasts adequately account for additional costs relating to government announced funding models, increases in inflation, especially the increased cost of staffing, and that there is no material risk to the Trust's ability to continue in operational existence for the foreseeable future.”

Group structure

1. TRANSFORMING LIVES EDUCATIONAL TRUST · parent
   1. TLET Professional Learning Limited 100% · Dormant

Significant events

• “The TLET Way' ... signals a new baseline as we continue to progress and improve against our newly conceived strategic ambitions of nurture potential, inspire community, and deliver excellence.”
• “Design and launch of a trust-wide intranet to support staff communication and workload.”
• “Launch of our Wellbeing Charter for employees.”
• “Introduced a trust-wide Attendance Policy and implemented a professional network for punctuality and attendance.”
• “Further strengthened our finance operating model and implemented the use of Integrated Curriculum & Financial Planning (ICFP).”
• “Increased the range of professional networks and received positive feedback about the impact these networks are having on our staff.”

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

Filings

13

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

  +8.2%

  £18,271,413 → £19,775,709

• Cash

  +2.6%

  £2,015,894 → £2,069,127

• Net assets

  -2.6%

  £47,654,488 → £46,423,214

• Employees

  -1.1%

  368 → 364

• Operating profit

  +114.7%

  -£1,092,195 → £160,137

• Profit before tax

  +118.8%

  -£1,065,920 → £200,225

• Wages

  +7.7%

  £10,428,545 → £11,229,040

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