SELWOOD ACADEMY

• ⚠

  Material uncertainty over going concern

  The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the academy to continue as a going concern. The trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements. The academy has agreed to join Midsomer Norton Schools Partnership (MNSP) with an estimated joining date of 1 February 2026. Once this happens the academy trust will become dormant and will likely be wound up. However, as the school activities will be carried on by MNSP and all assets and liabilities will be transferred at net book value, no adjustments or reclassification of these amounts in the financial statements is required.

1. SELWOOD ACADEMY 2011-12-02 → present
2. SELWOOD ACADEMY LIMITED 2011-10-18 → 2011-12-02

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

Albert Goodman LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the academy to continue as a going concern. The trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements. The academy has agreed to join Midsomer Norton Schools Partnership (MNSP) with an estimated joining date of 1 February 2026. Once this happens the academy trust will become dormant and will likely be wound up. However, as the school activities will be carried on by MNSP and all assets and liabilities will be transferred at net book value, no adjustments or reclassification of these amounts in the financial statements is required.”

Significant events

• “In January 2025, Selwood Academy Trustees were approached and invited to join Midsomer Norton Schools Partnership (MNSP) a high performing local MAT. Two extra ordinary meetings of the Trust Board were called on 27th March and 1st May to hear a presentation from the CEO of MNSP and secondly to discuss responses to questions and implications for the school with the Headteacher/Accounting Officer. On 22nd May trustees voted unanimously to join the MNSP Trust.”
• “The academy has agreed to join Midsomer Norton Schools Partnership (MNSP) with an estimated joining date of 1 February 2026. Once this happens the academy trust will become dormant and will likely be wound up.”
• “Selwood Academy has agreed to join the Midsomer Norton Schools Partnership (company registration number 07365778), a multi academy trust, with an estimated joining date of 1 February 2026.”

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

2

last 12 months

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

• Turnover

  +2.5%

  £3,800,414 → £3,896,460

• Cash

  +2.1%

  £1,709,723 → £1,746,181

• Net assets

  +3.9%

  £7,359,455 → £7,643,845

• Employees

  -5.3%

  75 → 71

• Operating profit

  -59.9%

  £322,719 → £129,558

• Wages

  +5.1%

  £2,189,658 → £2,301,509

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