QUANTOCK EDUCATION TRUST

1. QUANTOCK EDUCATION TRUST 2019-06-14 → present
2. THE HAYGROVE ACADEMY TRUST 2016-05-07 → 2019-06-14
3. HAYGROVE SCHOOL 2011-06-10 → 2016-05-07

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

Consolidated group

Auditor

Bishop Fleming Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Following a thorough review, the Board of Trustees has a reasonable expectation that the Trust has sufficient resources to continue its operational existence for the foreseeable future. Accordingly, the Trust continues to adopt the going concern basis in preparing its financial statements. Further details on the adoption of the going concern basis can be found in the Statement of Accounting Policies.”

Significant events

• “The aims of the Trust during the year ended 31 August 2025 are summarised in the table below: securing a new build for Haygrove School; achieving a recoverable financial position for Sexey's school and the long term financial sustainability of the QET; as well as achieving growth.”
• “During the year, additional costs have arisen in relation to the management of and the installation of radon gas mitigation measures across the school site. This matter is not yet fully resolved with additional costs expected in 2025.26 academic year.”
• “Upon transfer into the Trust, historic debt at Sexey's School was identified, creating a cashflow pressure. The DfE has committed to collaborating with the Trust to develop a financial package to address this issue, ensuring no adverse impact on the other schools within the Trust.”
• “The Budget Forecast Return (BFR) submitted to the Department for Education (DfE) in August 2025 indicates a reduction in reserves across the Trust.”
• “A new risk relating to Radon gas at Sexey's School has emerged in the year. The Trust has appointed a Radiation Protection Advisor (RPA) - L2 to provide professional advice to manage and implement mitigation measures and is supporting the management of radon.”
• “The closure of Haygrove's A Block has continued to present a reputational risk which we have been working hard to mitigate in terms of financial and reputational impact. A commitment to build a new school for Haygrove on the Queenswood has been announced with completion planned for Sept 2028.”
• “Safeguarding and child protection - the Trustees continue to ensure that the highest standards are maintained in the areas of selection and monitoring of staff, the operation of child protection policies and procedures, and health & safety.”
• “Effective School Improvement - the Trust continues to deliver a high-quality school improvement offer for our schools that attracts national experts to support Headteachers in achieving their priorities.”
• “Since Sexey's School joined the trust, the Trust has responded to the number of challenges arising at both a strategic and operational level. This includes improving efficiencies by centralising many of the administrative functions, and implementing a financial recovery plan.”
• “At the balance sheet date, the Academy Trust was in correspondence with the Health and Safety Executive ("HSE") regarding potential non-compliance with statutory requirements relating to Radon Gas levels at its Sexey's School premises.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +14.7%

  £17,906,585 → £20,531,475

• Cash

  +14.4%

  £2,839,495 → £3,249,780

• Net assets

  +3.7%

  £22,428,394 → £23,249,422

• Employees

  +47.3%

  355 → 523

• Operating profit

  -167.9%

  £396,352 → -£268,972

• Profit before tax

  -167.9%

  £396,352 → -£268,972

• Wages

  +21.7%

  £9,530,804 → £11,597,894

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