NEW RIVER TRUST

1. NEW RIVER TRUST 2016-09-15 → present
2. ALEXANDRA PARK SCHOOL 2011-07-18 → 2016-09-15

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

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the Board of Trustees has a reasonable expectation that the Academy has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.”

Significant events

• “The Trust was incorporated on 18 August 2011, obtaining single academy status from 1 October 2011. On 12 September 2016 the Trust changed its name from Alexandra Park School to New River Trust. On 1 January 2017, it became a multi-academy Trust, known as New River Trust.”
• “Strategic plans for phase 3 capital development, the expansion of our Sixth Form Centre, were approved by the Board in 2022-23. The new building will add more than 700 square metres or teaching, self-study, support and social space. The development focussed on enhancing educational provision and student experience in the Sixth Form, future- proofing this provision in an increasingly competitive context and ensuring financial sustainability via management of key financial and strategic risks. The new building is due to be completed in November 2025.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +5.6%

  £14,153,000 → £14,948,000

• Cash

  -27.6%

  £2,050,000 → £1,484,000

• Net assets

  +1.9%

  £27,281,000 → £27,789,000

• Employees

  -12.6%

  230 → 201

• Operating profit

  +275.3%

  -£473,000 → £829,000

• Wages

  +5.7%

  £9,069,000 → £9,584,000

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