THE TWO COUNTIES TRUST
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Next accounts due
2027-05-31 (in 1y)
Last filed for 2025-08-31
Confirmation statement due
2027-03-15 (in 10mo)
Last made up 2026-03-01
Watchouts
Cash
£9M
+0.9% vs 2024
Net assets
£215M
+4.6% vs 2024
Employees
1,313
-2.2% vs 2024
Profit before tax
£6M
+153.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- THE TWO COUNTIES TRUST 2016-02-25 → present
- ASHFIELD SCHOOL 2012-03-01 → 2016-02-25
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-08-31
| Metric | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Turnover | £87,232,578 | £98,814,254 | |
| Operating profit | -£8,658,467 | £7,570,624 | |
| Profit before tax | -£10,684,983 | £5,675,894 | |
| Net profit | -£9,174,467 | £9,484,624 | |
| Cash | £8,662,159 | £8,744,077 | |
| Total assets less current liabilities | £207,590,270 | £214,971,251 | |
| Net assets | £205,270,270 | £214,754,894 | |
| Equity | £205,270,270 | £214,754,894 | |
| Average employees | 1,343 | 1,313 | |
| Wages | £46,818,731 | £48,495,192 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Operating margin | -9.9% | 7.7% | |
| Net margin | -10.5% | 9.6% | |
| Return on capital employed | -4.2% | 3.5% | |
| Current ratio | 3.06x | 3.42x | |
| Interest cover | -3.81x | 3.07x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making appropriate enquiries, the Board of Trustees has a reasonable expectation that the 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 accounting in preparing the financial statements.”
Significant events
- “During the academic year the trust had two successful Ofsted inspections. In November 2024 Springwell Community College was rated 'good', which marks a great step forward for students and staff at that school.”
- “The Trust is also committed to contributing towards combating the threat of global warming by using energy efficient measures to reduce CO2 emissions throughout its buildings, facilities and operations.”
- “The Trustees' expectation is that some of these reserves will be utilised over the next few years to fund the ongoing development of the Trust, including our investment projects at The Manor Academy to construct a new library and Sixth Form block and a major refurbishment project at Selston High School.”
- “Improved investment returns of surplus funds which raised £574,000 in 2024-25 (2023-24: £244,000).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 41 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BATES, Clare Jane | Director | 2025-12-11 | Feb 1976 | British |
| CHMIEL, Alison Joan | Director | 2017-12-04 | Jan 1964 | British |
| ELLIS, Nicholas John | Director | 2025-12-11 | Sep 1964 | British |
| HAYES, Karen Anne | Director | 2025-07-17 | May 1966 | British |
| JONES, Charles Richard Gwynne | Director | 2023-03-23 | Sep 1969 | British |
| PICKERING, Christopher Barry | Director | 2024-03-21 | May 1955 | British |
| POTTS, Karen Lesley | Director | 2016-04-01 | Sep 1964 | British |
| SMITH, Dawn Amanda | Director | 2025-12-11 | Sep 1962 | British |
Show 41 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOUGH, Terrance Martin | Secretary | 2012-03-01 | 2016-04-01 |
| BALWICK, Adrian John | Director | 2012-03-01 | 2013-03-28 |
| BARNES, Kerry Louise | Director | 2012-03-01 | 2016-04-01 |
| BLAKE, Vivienne | Director | 2012-03-01 | 2014-04-23 |
| BROOKS, Craig | Director | 2013-03-27 | 2016-04-01 |
| COCKELL, Sandra Briget | Director | 2012-03-01 | 2014-12-08 |
| COFFEY, Suzanne | Director | 2017-12-04 | 2018-09-24 |
| DURRANT, Andrew James, Dr | Director | 2019-12-09 | 2023-06-05 |
| FAKUADE, Oludolapo Taiwo, Dr | Director | 2023-12-13 | 2024-06-13 |
| FORREST, Rosemary Anne | Director | 2016-04-01 | 2017-08-31 |
| GARRAD, Charlotte | Director | 2012-11-02 | 2016-04-01 |
| GEAR, Christine | Director | 2012-03-01 | 2014-03-01 |
| GREENAWAY, Ian Paul | Director | 2016-04-01 | 2026-02-05 |
| HAHN, Andrew | Director | 2019-05-20 | 2021-10-14 |
| HALLAM, Christopher John | Director | 2017-12-04 | 2024-07-11 |
| HARRISON, Lisa Rose | Director | 2021-12-15 | 2022-12-14 |
| HASLAM, Gillian Lesley | Director | 2016-04-01 | 2020-03-31 |
| HEARN, Kevin Michael | Director | 2012-03-01 | 2017-08-31 |
| HIGGINSON, Simon | Director | 2021-10-14 | 2022-12-14 |
| HILL, Linda Catherine | Director | 2012-03-01 | 2015-11-17 |
| HODGKINS, Arthur Richard | Director | 2012-03-01 | 2012-07-15 |
| HOLMES, Rachel Ann | Director | 2012-03-01 | 2014-02-02 |
| JENKINS, Michelle | Director | 2013-03-27 | 2016-04-01 |
| KEMP, John Travis | Director | 2012-03-01 | 2015-06-16 |
| MAGUIRE, Linda | Director | 2014-04-04 | 2016-04-01 |
| MCLAUGHLIN, Ann Marie | Director | 2019-09-09 | 2022-05-15 |
| O'CONNELL, William | Director | 2024-12-12 | 2025-07-17 |
| POLLARD, Shaun William | Director | 2022-12-14 | 2024-01-08 |
| POLLARD, Shaun William | Director | 2012-03-01 | 2016-04-01 |
| RICHARDSON, Ian Michael | Director | 2014-10-14 | 2016-04-01 |
| RUSZCZYNSKI, Roman Paul | Director | 2016-04-01 | 2021-04-15 |
| SCOTT, David | Director | 2013-03-27 | 2016-04-01 |
| SHIELDS, Paul | Director | 2014-11-03 | 2016-04-01 |
| STONES, Richard Brian Ashley | Director | 2012-03-01 | 2016-04-01 |
| TOWNSEND, Malcolm | Director | 2012-03-01 | 2016-04-01 |
| UNSWORTH, William Paul | Director | 2016-04-01 | 2019-10-23 |
| VASEY, Richard | Director | 2012-03-01 | 2017-08-31 |
| WHEELHOUSE, Ruth | Director | 2012-03-01 | 2022-11-18 |
| WILSON, Alan Frederick | Director | 2012-03-01 | 2014-10-24 |
| WILSON, Gordon | Director | 2012-03-01 | 2016-04-01 |
| WOOD, Lorraine Ann | Director | 2012-03-01 | 2013-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paulo Karat | Individual | Voting 25–50% | 2023-10-01 | Ceased 2024-06-13 |
| Mrs Gillian Lesley Haslam | Individual | Shares 25–50% | 2022-08-10 | Ceased 2024-06-13 |
| Mr Richard James Crisp | Individual | Shares 25–50% | 2022-08-10 | Ceased 2024-06-13 |
| Mr Scott Knowles | Individual | Shares 25–50% | 2022-08-10 | Ceased 2023-11-07 |
Filing timeline
Last 20 of 130 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-04 MA Memorandum articles
- 2025-08-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-19 | AA | accounts | Accounts with accounts type full | |
| 2026-02-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-04 | MA | incorporation | Memorandum articles | |
| 2025-08-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-26 | AA | accounts | Accounts with accounts type full | |
| 2025-02-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-22 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-07-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-07-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-07-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-07-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-02 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-08-31 vs 2024-08-31
-
Turnover
+13.3%
£87,232,578 £98,814,254
-
Cash
+0.9%
£8,662,159 £8,744,077
-
Net assets
+4.6%
£205,270,270 £214,754,894
-
Employees
-2.2%
1,343 1,313
-
Operating profit
+187.4%
-£8,658,467 £7,570,624
-
Profit before tax
+153.1%
-£10,684,983 £5,675,894
-
Wages
+3.6%
£46,818,731 £48,495,192
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