CORNWALL EDUCATION LEARNING TRUST

• ◆

  4 officer resignations in last 12 months

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

1. CORNWALL EDUCATION LEARNING TRUST 2019-08-01 → present
2. PENINSULA LEARNING TRUST 2015-01-15 → 2019-08-01
3. PENRICE ACADEMY 2013-05-14 → 2015-01-15
4. PENRICE COMMUNITY COLLEGE 2011-03-15 → 2013-05-14

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

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees are required to assess whether the use of the going concern statement for CELT is appropriate.ie. whether there are any material uncertainties relating to events or conditions that may cast significant doubt on the ability of the Trust to continue as a going concern. The Trustees make this assessment in respect of a period of at least one year from the date of the authorisation of the financial statements and have concluded that the Trust has adequate resources and cash to continue in operational existence for the foreseeable future and there are no material uncertainties about the Trusts ability to continue as a going concern. For this reason, it continues to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Our ECT programme continues to be our most popular and successful route into teaching. Retention of ECTs remains strong, with a 97% retention rate in 2024/25, which is significantly above the national picture and demonstrates the strength of our induction and mentoring culture.”
• “This year also marked the start of the CELT/Marjon ITT programme. Eight trainees (five primary and three secondary) completed their training across the trust, all of whom graduated successfully.”
• “CELT has been appointed as the Lead Partner for the Ambition Institute ITT programme in the South West. From September 2025, we will support five trainee teachers in partnership with West Country Schools, further extending our role in shaping the next generation of teachers across the region.”
• “The year has also seen the introduction of The National College across CELT, which will be fully implemented from Autumn 2025. This provides staff with a wide range of on-demand CPD opportunities, enabling flexible, self-directed learning and supporting the development of new skills across all roles.”

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

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

7

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +4.8%

  £66,207,421 → £69,352,626

• Cash

  +13.8%

  £8,281,372 → £9,425,479

• Net assets

  +9%

  £114,300,491 → £124,613,077

• Employees

  -5.6%

  1,224 → 1,155

• Wages

  +1.9%

  £37,834,073 → £38,559,125

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