THE SHAW EDUCATION 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

Crowe U.K. LLP

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, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. THE SHAW EDUCATION TRUST · parent
   1. Newfriars College 100% · Stoke-on-Trent · specialist education to young people aged 16-25 years

Significant events

• “The Trust acquired 3 schools during the current financial year.”
• “Kidsgrove Secondary School is carrying a net deficit of £326k with an action plan to ensure a return to a cumulative surplus by 2027/28.”
• “Kidsgrove Primary School is carrying a net deficit of £126k with an action plan for a return to a cumulative surplus budget.”
• “Meadows Primary School is carrying a net deficit of £210k due to the delay in the opening of its new nursery provision, with an action plan for a return to a cumulative surplus budget.”
• “Hallwood Park Primary School is carrying a net deficit of £9k, with an action plan for a return to a cumulative surplus budget.”
• “Streethay Primary School is carrying a net deficit of £18k, with anticipation of returning to a cumulative surplus in 2024/25.”
• “Portland School is carrying a net deficit of £43k, with anticipation of returning to a cumulative surplus in 2024/25.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  +13.5%

  £105,924,000 → £120,251,000

• Cash

  +3.2%

  £11,349,000 → £11,716,000

• Net assets

  +11.4%

  £188,406,000 → £209,797,000

• Employees

  +1.5%

  2,202 → 2,236

• Operating profit

  +308.3%

  -£9,699,000 → £20,205,000

• Profit before tax

  +308.6%

  -£9,930,000 → £20,717,000

• Wages

  +10.4%

  £59,739,000 → £65,960,000

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