THE AVENUE SCHOOL SPECIAL NEEDS ACADEMY TRUST

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Crowe U.K. LLP

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.”

Significant events

• “Successful SALIX PSDS4 Decarbonisation bid, to ensure the school is more sustainable for years to come”
• “In 2023/24, an initiative to upgrading the lighting to LED lighting throughout the school, which is estimated to reduce the energy bill by £18,662.73 annually, and would pay back the investment in 3.4 years. This project is ongoing and should be completed by August 2025.”
• “Following the building condition survey carried out in 2023/24, with the support of Eddisons, the academy was successful in winning the SALIX Phase 4 public sector decarbonisation scheme grant of £683,976 for the £777k budget to install air source heat pumps, removing the gas fired boilers.”
• “In addition to this, the school has committed to spend £1.2 million to repair the roof, as highlighted in both the Local Authority Building condition survey and the academy commissioned report from Eddisons, but has not been rectified by the local authority, therefore the trustees deemed it necessary to use reserves to rectify the issue, which is a result of poor design and lack of maintenance whilst under the local authority control.”

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

Filings

4

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

  +14.8%

  £8,832,144 → £10,139,669

• Cash

  +45.9%

  £2,657,466 → £3,877,044

• Net assets

  +22.1%

  £12,535,246 → £15,300,311

• Employees

  -1.3%

  228 → 225

• Operating profit

  +91.2%

  £1,018,311 → £1,947,065

• Profit before tax

  +91.2%

  £1,018,311 → £1,947,065

• Wages

  +3.2%

  £5,158,876 → £5,324,532

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