QEGSMAT

• ⚠

  Material uncertainty over going concern

  An application has been made to the Department for Education for QEGSMAT and Djanogly Learning Trust (DLT) to merge. This will be considered by the East Midlands Advisory Committee in due course, and subject to their approval, the two Trusts will aim to merge on 1 September 2025. At the date of signing, there has been no decision regarding which Trust will transfer to the other, therefore it is possible that the assets and liabilities of QEGSMAT may transfer to DLT. In this event, QEGSMAT would cease to continue in operational existence and as such Trustees have determined there is a material uncertainty with regards to going concern.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. QEGSMAT 2017-03-30 → present
2. QUEEN ELIZABETH'S GRAMMAR SCHOOL ASHBOURNE ACADEMY 2011-07-08 → 2017-03-30

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

PKF Smith Cooper Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“An application has been made to the Department for Education for QEGSMAT and Djanogly Learning Trust (DLT) to merge. This will be considered by the East Midlands Advisory Committee in due course, and subject to their approval, the two Trusts will aim to merge on 1 September 2025. At the date of signing, there has been no decision regarding which Trust will transfer to the other, therefore it is possible that the assets and liabilities of QEGSMAT may transfer to DLT. In this event, QEGSMAT would cease to continue in operational existence and as such Trustees have determined there is a material uncertainty with regards to going concern.”

Significant events

• “An application has been made to the Department for Education for QEGSMAT and Djanogly Learning Trust (DLT) to merge. This will be considered by the East Midlands Advisory Committee in due course, and subject to their approval, the two Trusts will aim to merge on 1 September 2025.”

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

Filings

6

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

  +5.8%

  £31,757,000 → £33,596,000

• Cash

  +9.6%

  £7,218,000 → £7,914,000

• Net assets

  +2.5%

  £99,212,000 → £101,697,000

• Employees

  -1.3%

  621 → 613

• Wages

  +8.5%

  £17,810,000 → £19,327,000

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