THE WHITE HORSE FEDERATION
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Next accounts due
2027-05-31 (in 1y)
Last filed for 2025-08-31
Confirmation statement due
2026-05-25 (this month)
Last made up 2025-05-11
Watchouts
Cash
£13M
+17.8% vs 2024
Net assets
£131M
-9.3% vs 2024
Employees
1,630
-6.9% vs 2024
Profit before tax
-£11M
-430.8% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
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 | £91,072,819 | £92,016,053 | |
| Operating profit | £3,457,284 | -£11,436,051 | |
| Profit before tax | £3,457,284 | -£11,436,051 | |
| Net profit | £3,457,284 | -£11,436,051 | |
| Cash | £10,926,133 | £12,874,660 | |
| Total assets less current liabilities | £144,519,151 | £130,998,627 | |
| Net assets | £144,431,465 | £130,951,414 | |
| Equity | £144,431,465 | £130,951,414 | |
| Average employees | 1,750 | 1,630 | |
| Wages | £46,561,467 | £46,257,794 |
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 | 3.8% | -12.4% | |
| Net margin | 3.8% | -12.4% | |
| Return on capital employed | 2.4% | -8.7% | |
| Current ratio | 1.89x | 1.97x | |
| Interest cover | 1.12x | -3.53x |
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
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Academy Trust's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- THE WHITE HORSE FEDERATION · parent
- TWHF Educational Services Limited
- TWHF Technical Services Limited
Significant events
- “The John Madejski Academy transferred out of the Trust to Greenshaw Learning Trust (GLT), as planned on 1 January 2025 and all funds were transferred to Greenshaw Learning Trust before end of August 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
12 active · 53 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILKINS, Elizabeth Helen | Secretary | 2024-03-16 | — | — |
| AWBERY, Roy Paul, Dr | Director | 2025-06-13 | Sep 1969 | British |
| BEER, Matthew | Director | 2025-05-20 | Feb 1990 | British |
| CLEVERLY, Simon | Director | 2022-05-19 | Feb 1963 | British |
| GIBSON, Linda Clare Terry | Director | 2017-12-12 | Dec 1961 | British |
| GRAHAM, Hugh Edward | Director | 2024-01-09 | Jul 1961 | British |
| GUPTA, Deepak | Director | 2024-12-11 | Aug 1959 | British |
| LAFFEY, Moira Angela, Dr | Director | 2020-09-01 | Nov 1951 | British |
| MCVEIGH, Mark William | Director | 2024-01-16 | Mar 1961 | British |
| MONTGOMERY, Gordon Scott Alexander | Director | 2024-04-16 | Jan 1957 | British |
| POUND, Gaelle | Director | 2024-04-28 | Jul 1976 | British |
| SIMLER, Anthony Edward Michael | Director | 2024-02-16 | May 1971 | British |
Show 53 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOWLER, Sarah | Secretary | 2019-03-11 | 2020-12-07 |
| GILLEARD, Rachael Helen | Secretary | 2023-12-14 | 2024-03-15 |
| HAYDON, Lorna Marie | Secretary | 2013-09-01 | 2019-01-08 |
| RICKERBYS LLP | Corporate Secretary | 2012-05-18 | 2013-09-01 |
| ARCHER, Kelly | Director | 2012-05-18 | 2012-10-02 |
| BARKER, Christine | Director | 2012-05-18 | 2012-11-15 |
| BEATON, Robbie John | Director | 2012-05-18 | 2013-09-30 |
| BECKETT, Nick | Director | 2020-11-03 | 2023-07-21 |
| BOND, Darren | Director | 2012-10-08 | 2013-09-30 |
| BRAY, Gavin John | Director | 2017-09-01 | 2018-08-31 |
| BROWN, Hayley | Director | 2012-05-18 | 2015-02-09 |
| CAMPKIN, Bridget | Director | 2012-09-17 | 2013-06-21 |
| CAPSTICK, Nicholas Richard, Dr | Director | 2012-05-18 | 2022-08-31 |
| CHECCHIA, Michael | Director | 2012-05-18 | 2013-04-18 |
| CHRISTIE, Charlotte Eleanor | Director | 2018-09-01 | 2020-08-31 |
| COLLEDGE, Steve John | Director | 2014-01-15 | 2014-09-01 |
| COLLINS, Michael | Director | 2014-09-01 | 2018-12-10 |
| COOKE, Ian David | Director | 2012-05-18 | 2014-03-03 |
| COSTELLO, Lauren | Director | 2012-05-18 | 2017-04-07 |
| COWLEY, Simon James Debeys | Director | 2014-01-15 | 2014-09-01 |
| DAY, Leighton | Director | 2012-05-18 | 2012-09-03 |
| HAGAN, Shaun | Director | 2012-05-18 | 2017-10-06 |
| HALL, Charlotte Heather | Director | 2018-04-23 | 2022-02-02 |
| HAMMANS, Fiona Barbara, Dr | Director | 2016-05-10 | 2018-12-10 |
| HAYNES, Simon Frederick | Director | 2020-03-13 | 2022-06-06 |
| HOPTON, Christopher John | Director | 2014-01-15 | 2024-06-26 |
| HUMPHREYS, Carl | Director | 2012-05-18 | 2013-09-30 |
| JARVIS, Joss | Director | 2012-05-18 | 2016-08-31 |
| LENDER-SWAIN, Paula | Director | 2016-09-01 | 2017-08-31 |
| LENDER-SWAIN, Paula | Director | 2012-05-18 | 2013-09-30 |
| LEWIS, Richard Mark | Director | 2019-11-14 | 2023-10-11 |
| MARSH, Richard Douglas | Director | 2016-05-10 | 2020-05-20 |
| MCMURTRIE, Simon Nicholas | Director | 2016-09-01 | 2019-08-31 |
| NEL, Lisa Veronica | Director | 2019-11-14 | 2022-12-05 |
| NORTON, Jillian Swinburne | Director | 2019-01-01 | 2024-12-31 |
| OWEN, Bradley Vivian | Director | 2014-09-01 | 2015-07-06 |
| OWEN, Bradley Vivian | Director | 2012-05-18 | 2013-09-30 |
| PAGE, Robert James | Director | 2016-09-01 | 2018-12-10 |
| PALFREY, Elizabeth Anne | Director | 2015-09-01 | 2016-08-31 |
| PHIPPS, James Paul | Director | 2012-05-18 | 2012-09-03 |
| POOLE, Karen Lillian | Director | 2012-10-08 | 2013-09-30 |
| POULTON, Kingsley | Director | 2019-11-22 | 2024-08-31 |
| POWLES, Jane | Director | 2012-05-18 | 2013-09-30 |
| READ, Mary Helen | Director | 2012-05-18 | 2012-09-03 |
| SAUNDERS, Linda Dawn | Director | 2012-05-18 | 2015-04-07 |
| SMITH, Paul | Director | 2022-09-16 | 2024-03-31 |
| SPURRIER, Edward John Marston | Director | 2019-07-26 | 2023-07-21 |
| TARN, Paul Terence | Director | 2023-06-26 | 2024-10-16 |
| TRIDGELL, Julie Ann | Director | 2014-01-15 | 2014-07-14 |
| VAN ZELLER, Nicholas Howard | Director | 2018-06-20 | 2019-10-21 |
| WARHURST, Jason | Director | 2012-05-18 | 2013-09-11 |
| WOLTON, Matthew Harry | Director | 2014-01-15 | 2015-07-07 |
| WOODWARD, Mark | Director | 2012-05-18 | 2012-09-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Salisbury Diocese Board Of Education | Corporate entity | voting-rights-50-to-75-percent-as-firm, Appoints directors, right-to-appoint-and-remove-directors-as-trust, right-to-appoint-and-remove-directors-as-firm, significant-influence-or-control-as-trust | 2023-01-26 | Ceased 2024-07-03 |
| Mr Ian Cooke | Individual | Voting 25–50% | 2016-12-15 | Ceased 2017-07-10 |
| Dr Fiona Barbara Hammans | Individual | Voting 25–50% | 2016-12-15 | Ceased 2017-07-10 |
| Mr Simon Nicholas Mcmurtrie | Individual | Voting 25–50% | 2016-12-15 | Ceased 2017-07-10 |
Filing timeline
Last 20 of 155 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-13 | AA | accounts | Accounts with accounts type full | |
| 2025-06-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-24 | CH01 | officers | Change person director company with change date | |
| 2025-04-24 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-23 | AA | accounts | Accounts with accounts type full | |
| 2025-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-09 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-19 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 0
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
+1%
£91,072,819 £92,016,053
-
Cash
+17.8%
£10,926,133 £12,874,660
-
Net assets
-9.3%
£144,431,465 £130,951,414
-
Employees
-6.9%
1,750 1,630
-
Operating profit
-430.8%
£3,457,284 -£11,436,051
-
Profit before tax
-430.8%
£3,457,284 -£11,436,051
-
Wages
-0.7%
£46,561,467 £46,257,794
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