LYCEE INTERNATIONAL DE LONDRES

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

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The trustees have made this assessment in respect to a period of one year from the date of approval of these accounts. Despite the total free reserves carried forward as at 31 August 2024 being in a deficit position of £254,000, the budget scenarios show that the school can recover its reserves position over the next 5 years. Throughout the year, the School maintained a healthy cash balance. The impact of VAT both on payments and enrolment numbers will be felt acutely in 2024-2025 and 2025-2026 in terms of cash flow, with low points in April and May 2025 and 2026. Cash flow monitoring will become even more crucial in the next two years. However, projections show that cash levels at the end of each year will remain healthy (above £1.9m) even though lower than currently. The governors do, however, recognise that there are a number of challenges in achieving this recovery in the short term (introduction of VAT on school fees which add more pressure on families, end of the Mandatory Business Rates Relief and increase of the National Insurance Contribution for employers from April 2025). The trustees have concluded that it does not constitute a material uncertainty related to going concern.”

Significant events

• “Brexit reduced the number of French and French-speaking families relocating to London, and the introduction of visas for all non-British nationals, has had an impact on staff costs and attractiveness, particularly for staff from EU member-states.”
• “Since January 2025, tuition fees have been liable to Value Added Tax (VAT). This change, combined with the loss of the Mandatory Business Rates Relief, and the increased Employer's National Insurance Contribution, increased the cost of education for families.”
• “The School obtained a CIS (Council of International Schools) accreditation in December 2022.”
• “In its ninth year, the average number of students was 820.”
• “43 new members of staff joined the School during 2023-2024, of which 37 were non-UK citizens or had dual nationalities.”
• “In September 2022, the school introduced a means-tested bursary scheme funded by the school.”
• “In June 2023 the school had a successful Independent School Inspectorate (ISI) compliance inspection.”

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

1

last 12 months

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

• Turnover

  +6.4%

  £13,043,000 → £13,876,000

• Cash

  -12.7%

  £4,021,000 → £3,509,000

• Net assets

  +6.7%

  £208,000 → £222,000

• Employees

  +5.8%

  121 → 128

• Profit before tax

  +102%

  -£716,000 → £14,000

• Wages

  +1.7%

  £5,587,000 → £5,683,000

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