WELLSPRING ACADEMY TRUST

• ◆

  3 officer resignations in last 12 months

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

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

Standalone (parent only)

Auditor

Forrester Boyd Robson Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the Board of Trustees has a reasonable expectation that the Academy 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

• “Since its inception in 2020, The Trust's Vision 2025 Strategic Plan has propelled the Trust forward with a clear direction of travel. Our progress during this period has been significant with nine new schools built and thriving, forty-three consecutive positive OFSTED inspections, sustained effective schools, healthy finances, enhanced premises and several non-profit enterprises via which we have advanced our agenda to improve lives.”
• “The Next Decade Conference: A major national event that brought together 1,100 delegates from 350 organisations to challenge conventional thinking, embodying our commitment to shaping the future of education for all.”
• “Communicolour: An act of social justice, liberating world-class art from the gallery and embedding it in the daily lives of our communities to transform school environments, enhance the public realm and inspire creativity.”
• “The solar panel installation at Bramley Park Academy is a case in point, being one of 5 sites benefitting from a £1m Trust-wide commitment to Solar PV.”
• “The Trust is currently developing two approved Free Schools in Selby and Sheffield which are currently planned for opening in 2027. Three further Free Schools have been approved by the DfE, which are in pre opening stages, opening dates yet to be confirmed.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

4

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

  -11.5%

  £132,238,000 → £116,987,000

• Cash

  +1.4%

  £18,813,000 → £19,075,000

• Net assets

  +1.8%

  £209,363,000 → £213,160,000

• Employees

  +12.4%

  2,088 → 2,347

• Wages

  +13.1%

  £56,215,000 → £63,575,000

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