PENAIR SCHOOL

• ◆

  3 officer resignations in last 12 months

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

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

Griffin Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Academy's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The 2022 to 2025 exam grades were sat examinations, but the students had experienced disruption through the Covid-19 period. Provisional national reports suggest the overall national (England) 9-4 proportion (all subjects) has dipped slightly to 67% compared to 68% in the previous year and national results are roughly in line with last year's results.”
• “The conclusion of the Recovery Premium Grant and National Tutoring Programme funding was disappointing, as the school continues its efforts to close the disadvantage gap.”
• “A three-year recovery plan designed to manage this has proved successful and the school is now in an increasingly strong financial position.”
• “The school has one primary risk which is the potential fall in pupil numbers because of the opening of the proposed North Coast Free School resulting in a reduction in DfE funding and potential staff redundances. The school is working to mitigate this risk in the following ways: working with the local authority to estimate pupil number coming through the local primary schools for future years, offering temporary staff contracts where appropriate, raising the profile of the school to become the school of choice in the local area.”
• “A recruitment programme took place during 2024/25 academic year to replace the retiring Chair of Trustees. Although challenging, a successful candidate was put forward. The appointment is subject to full Board approval early in the 2025/26 autumn term.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +13.1%

  £8,383,215 → £9,478,916

• Cash

  +9.9%

  £964,621 → £1,060,507

• Net assets

  -1%

  £17,880,897 → £17,694,593

• Employees

  +14.3%

  126 → 144

• Profit before tax

  +59.3%

  -£435,284 → -£177,304

• Wages

  +10.2%

  £4,414,659 → £4,863,775

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