ST RALPH SHERWIN CATHOLIC MULTI ACADEMY TRUST

• ⚠

  Material uncertainty over going concern

  The Board notes, however, that this expectation is contingent upon the continued support of the Department for Education and the successful implementation of the recovery plan. Accordingly, the financial statements have been prepared on a going concern basis.

1. ST RALPH SHERWIN CATHOLIC MULTI ACADEMY TRUST 2018-05-04 → present
2. SAINT ROBERT LAWRENCE CATHOLIC ACADEMY TRUST 2012-02-06 → 2018-05-04

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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Board notes, however, that this expectation is contingent upon the continued support of the Department for Education and the successful implementation of the recovery plan. Accordingly, the financial statements have been prepared on a going concern basis.”

Significant events

• “The Academy Trust has ended the year with net operating expenditure of £3,311,000, resulting in a deficit of operating revenue reserves at 31 August 2025 of £9,199,000.”
• “The Trust continues to operate under a Financial Notice to Improve issued on 27 July 2023, requiring it to strengthen financial management and compliance.”
• “The Trust is undertaking a significant organisational restructure to reduce staffing costs and align expenditure with Department for Education recommended levels.”
• “In July and August 2023, the Trust identified two schools that had Reinforced Autoclaved Aerated Concrete (RAAC) and is working with the DfE to address mitigations.”
• “The Trust entered into a loan agreement with the Diocese of Nottingham for £200,000, failing to obtain prior DfE approval as required under the Academies Trust Handbook 2024.”
• “The Trust made a special severance payment to a member of staff for £5,000, failing to obtain prior DfE approval as its delegated authority was revoked under a Notice to Improve.”
• “The Trust utilised Schools Capital Allocation (SCA) funding for operational activities and cash flow, which is not allowed under the terms and conditions of the funding and the Academy Trust Handbook 2024.”

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

2

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

  +8.6%

  £52,046,000 → £56,524,000

• Cash

  -94.9%

  £396,000 → £20,000

• Net assets

  +3.9%

  £17,648,000 → £18,342,000

• Employees

  -2.9%

  1,230 → 1,194

• Operating profit

  -120.2%

  £5,695,000 → -£1,148,000

• Profit before tax

  -120.2%

  £5,695,000 → -£1,148,000

• Wages

  +8.5%

  £31,676,000 → £34,369,000

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