LAKELANDS EDUCATIONAL TRUST

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

Xeinadin Audit 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, the Board of Trustees continues to adopt the going concern basis in preparing the financial statements.”

Significant events

• “In the early stages of 2024-25, significant thought, research and discussion was given to whether or not Lakelands Academy could benefit from merging with an existing Multi Academy Trust (MAT).”
• “Asbestos removal and encapsulation has been successfully completed to reduce the impacted areas and overall risks.”
• “Legionella has been eradicated from the one identified location following a long process of testing, adaptations and new components.”
• “The long-standing ventilation issues within practical Science classrooms has also finally been resolved.”
• “Three underground water leaks were identified over the summer holidays and this was the reason for spiralling water bills. These are all now resolved.”
• “Replacement fire doors have been installed between the social area and long corridor and a mag-lock has been installed on these. Similarly, replacement aluminium doors have been installed (again with a mag-lock) on an external entrance to the school.”
• “The appointment of an Attendance and Welfare Manager from the summer term of 2024-25 created additional capacity and expertise and this had a huge impact; the result being overall attendance of 93.6% which ranked Lakelands Academy with the highest attendance of all 20 secondary schools in Shropshire.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  +8.2%

  £4,354,998 → £4,713,012

• Cash

  -39.1%

  £364,409 → £221,954

• Net assets

  +3.1%

  £7,897,185 → £8,139,669

• Employees

  +3.5%

  86 → 89

• Operating profit

  -13.4%

  -£107,013 → -£121,302

• Profit before tax

  -6.5%

  -£126,257 → -£134,516

• Wages

  +5.1%

  £2,656,192 → £2,790,582

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