SHERBORNE AREA SCHOOLS' TRUST

• ⚠

  Material uncertainty over going concern

  The Trustees believe that the Academy Trust will have adequate resources to continue in operational existence for the foreseeable future and continue to adopt the going concern basis of accounting in preparing the financial statements. However, because of the reserves deficit there remains a material uncertainty about the Academy Trust's ability to continue as a going concern which cast significant doubt on the Academy Trusts ability to realise its assets and discharge its liabilities in the normal course of business and to continue as a going concern.

1. SHERBORNE AREA SCHOOLS' TRUST 2017-04-25 → present
2. THE GRYPHON SCHOOL 2012-07-04 → 2017-04-25

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

Bishop Fleming Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Trustees believe that the Academy Trust will have adequate resources to continue in operational existence for the foreseeable future and continue to adopt the going concern basis of accounting in preparing the financial statements. However, because of the reserves deficit there remains a material uncertainty about the Academy Trust's ability to continue as a going concern which cast significant doubt on the Academy Trusts ability to realise its assets and discharge its liabilities in the normal course of business and to continue as a going concern.”

Group structure

1. SHERBORNE AREA SCHOOLS' TRUST · parent
   1. SASTCO Limited · providing sports facilities for the Trust

Significant events

• “The company (SASTCO Limited) was dormant in the financial year and dissolved via voluntary strike-off on 21 October 2025.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +7%

  £40,208,592 → £43,030,679

• Cash

  +253.7%

  £761,244 → £2,692,531

• Net assets

  +12.2%

  £37,156,108 → £41,681,429

• Employees

  -6.2%

  809 → 759

• Wages

  +0.6%

  £24,332,796 → £24,485,142

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