MAGNA LEARNING PARTNERSHIP

• ⚠

  Material uncertainty over going concern

  The trustees have identified a material uncertainty in relation to the deficit reserves, however there are adequate resources to continue for the foreseeable future and plans in place to achieve a sustainable financial position, further details are provided in the policy in note 1.2. Cost savings include restructuring which has already occurred and further planned measures.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. MAGNA LEARNING PARTNERSHIP 2017-04-08 → present
2. ST EDMUND'S SCHOOL 2011-11-30 → 2017-04-08

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

Moore (South) LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The trustees have identified a material uncertainty in relation to the deficit reserves, however there are adequate resources to continue for the foreseeable future and plans in place to achieve a sustainable financial position, further details are provided in the policy in note 1.2. Cost savings include restructuring which has already occurred and further planned measures.”

Significant events

• “Morgan's Vale & Woodfalls CE Primary joining the Trust on 1 February 2025.”
• “Trust decided to close the sixth-form provision at Sarum Academy and focus on the provision at S6C to better serve our community.”
• “Ofsted visited The New Forest Primary in January 2025 and concluded that the academy was "Good" overall with a rating of "outstanding" for personal development.”
• “Wyvern St Edmund's (March 2025) achieved a rating of "good" in all areas except for quality of education, which was rated as "requires improvement".”
• “Old Sarum Primary was visited in June 2025 and received a rating of "requires improvement" in all areas except for personal development, with a rating of "good".”
• “reduced the pupil admission number (PAN) for Amesbury CE primary academy from 60 to 30 from September 2023.”
• “In 2024-25 five out of ten academies have remained in budget. Overall, the trust did not remain within budget.”
• “The Trust has a recovery plan in place to recover the deficit reserves and achieve financial sustainability over the next year.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +9.1%

  £32,111,406 → £35,020,873

• Cash

  -40.8%

  £2,447,258 → £1,448,191

• Net assets

  -4.6%

  £26,928,104 → £25,683,306

• Employees

  +14.7%

  627 → 719

• Wages

  +26%

  £17,013,245 → £21,432,978

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