THE HEREFORDSHIRE MARCHES FEDERATION OF ACADEMIES

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

Thorne Widgery Accountancy Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the Board of Trustees has a reasonable expectation that the academy trust has adequate resources to continue in operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the financial statements.”

Group structure

1. THE HEREFORDSHIRE MARCHES FEDERATION OF ACADEMIES · parent
   1. HMFA Enterprises Limited 100% · UK · Catering, extended school services, teaching school

Significant events

• “In September 2024, the Trust introduced a Fundraising Manager role with the aim of increasing income generation and strengthening community engagement.”
• “In 2025 Lord Scudamore & Sutton schools benefited from new physiotherapy rooms added to the existing buildings. The cost of building work is to be funded in full by Herefordshire Council Local Authority.”
• “From April 2025 new favourable electricity rates were secured with the current provider West Mercia Energy and HMFA switched to British Gas on a new 3yr contract.”
• “During 24/25 the CFO identified that cash balances in the current account could be maximised further by utilising an auto-sweep function which transfers surplus balances over £20k to a higher interest bank account.”
• “A full triennial valuation was performed on 31st March 2025, the draft results of which will come into effect on 1 April 2026 reported there will be no future lump sump contributions with a future services rate payable of 18.6%.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  —

  Not reported

• Cash

  -2.9%

  £1,344,104 → £1,305,565

• Net assets

  -0.2%

  £4,930,781 → £4,919,003

• Employees

  -8.3%

  132 → 121

• Wages

  +9.3%

  £3,222,175 → £3,520,414

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