THE MILL ACADEMY

• ◆

  3 officer resignations in last 12 months

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

1. THE MILL ACADEMY 2015-09-17 → present
2. THE HENRY BOX SCHOOL 2012-05-08 → 2015-09-17

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

James Cowper Kreston Audit

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 preparing the financial statements.”

Significant events

• “The negative legacies of Covid-19 including sustaining educational progress for those children who were adversely affected by national lockdowns and remote learning.”
• “Cost of living crisis leading to many more children and families are in absolute poverty.”
• “Large increases in the number of children, young people and families experiencing mental ill health.”
• “The school workforce recruitment and retention crisis.”
• “Decimation of the services around schools.”
• “Systematic failings in local area provision and support alongside increasing numbers of children with SEND.”
• “The trust schools continue to participate fully in the scheme for food vouchers for free school meals and vulnerable students. The Trust has been assured by independent surveyor reports that all its schools are free from Reinforced Autoclaved Aerated Concrete (RAAC).”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +8.1%

  £8,900,743 → £9,624,209

• Cash

  -2.3%

  £1,421,235 → £1,388,153

• Net assets

  +0.1%

  £21,345,590 → £21,368,949

• Employees

  +4.7%

  172 → 180

• Operating profit

  +57.4%

  -£701,878 → -£298,817

• Profit before tax

  +61%

  -£709,610 → -£276,641

• Wages

  +6.7%

  £5,354,056 → £5,712,075

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