TRURO & PENWITH ACADEMY 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

Consolidated group

Auditor

Bishop Fleming Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees assess whether the use of Going Concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Trust to continue as a Going Concern. The Trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the Trust has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Trust's ability to continue as a Going Concern, thus they continue to adopt the Going Concern basis of accounting in preparing the financial statements.”

Significant events

• “The Trust has successfully applied to open a new secondary school on the North Coast through the Governments Free School Programme. The project is currently under review by the new Government and the Trust awaits confirmation on whether it will proceed.”
• “Mullion Primary school had an inspection in June 2025, and the school has been judged good in all areas. This is a wonderful achievement for the trust as we have successfully moved the school from double RI to good in the space of 18 months and 2 and a half years after taking the school over from Southerly Point Trust.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +8.3%

  £60,366,000 → £65,393,000

• Cash

  +9.3%

  £7,384,000 → £8,074,000

• Net assets

  +1.9%

  £102,909,000 → £104,883,000

• Employees

  -0.4%

  1,422 → 1,417

• Operating profit

  +16.1%

  £2,407,000 → £2,795,000

• Profit before tax

  +18.2%

  £2,343,000 → £2,769,000

• Wages

  +6.4%

  £36,386,000 → £38,713,000

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