NORTH KESTEVEN ACADEMY

• ⚠

  Material uncertainty over going concern

  The trustees do not believe the going concern basis to be appropriate and these financial statements have not been prepared on that basis. However, as the academy will transfer on a going concern basis, no amendment has been required to the figures.

• ◆

  4 officer resignations in last 12 months

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

1. NORTH KESTEVEN ACADEMY 2017-08-18 → present
2. NORTH KESTEVEN SCHOOL 2011-06-03 → 2017-08-18

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

Streets Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The trustees do not believe the going concern basis to be appropriate and these financial statements have not been prepared on that basis. However, as the academy will transfer on a going concern basis, no amendment has been required to the figures.”

Significant events

• “The academy invested in the refurbishment of the 3G pitch and this is being successfully let to external community groups to generate income, alongside the benefit to our students. The Academy continues to expand its facilities lettings to other community groups including Alive Church and Hykeham Baton Twirlers.”

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

4

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

  +4.3%

  £5,062,684 → £5,279,536

• Cash

  -78.9%

  £1,358,563 → £287,096

• Net assets

  -5.1%

  £11,865,787 → £11,260,535

• Employees

  -5.7%

  88 → 83

• Wages

  +3.3%

  £2,959,725 → £3,057,156

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