SOUTH WESTMORLAND MULTI ACADEMY TRUST

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. SOUTH WESTMORLAND MULTI ACADEMY TRUST 2016-09-19 → present
2. DALLAM SCHOOL 2011-05-25 → 2016-09-19

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

Saint & Co Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the MAT Board of trustees has a reasonable expectation that the multi academy trust has adequate resources to continue in operational existence for the foreseeable future. For this reason it adopts the going concern basis in preparing the financial statements. Further details regarding the adoption of the Accounting Policies note.”

Significant events

• “During the academic year 2024-25, Dallam School and SWMAT made considerable progress towards the SIP priorities. The Trust Board supported the implementation of a rapid improvement plan to drive change following the Ofsted requires improvement rating in May 2023. The impact of the decisive action has been recognised during a one-day OFSTED monitoring inspection in November 2024.”
• “Boarding Fund Trustees approved a balanced three-year budget, with healthy reserves for the period to 31/08/2028. As a result of the exceptional circumstances arising from Brexit and the Covid-19 pandemic, the Boarding Fund has been supported by a transfer of £100,000 from General Unrestricted Funds for the financial period ended 31/08/2025.”

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

Filings

10

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

  +0.9%

  £8,675,213 → £8,755,798

• Cash

  +32%

  £1,441,467 → £1,902,863

• Net assets

  +10%

  £11,078,367 → £12,183,778

• Employees

  -3.9%

  154 → 148

• Wages

  +0.2%

  £4,525,719 → £4,536,124

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