CASTLEMAN ACADEMY TRUST

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 1 in the financial statements, which explains that the the only academy within the Academy Trust has transferred to Southern Education Trust from 1 September 2025. The Trustees therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern as described in the accounting policies in Note 1. Our opinion is not modified in respect of this matter.

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

Albert Goodman

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 1 in the financial statements, which explains that the the only academy within the Academy Trust has transferred to Southern Education Trust from 1 September 2025. The Trustees therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern as described in the accounting policies in Note 1. Our opinion is not modified in respect of this matter.”

Group structure

1. CASTLEMAN ACADEMY TRUST · parent
   1. Broadstone First 100% · UK · Education
   2. Broadstone Middle 100% · UK · Education
   3. Ferndown First 100% · UK · Education
   4. Ferndown Middle 100% · UK · Education
   5. Parley First 100% · UK · Education

Significant events

• “On 1 September 2025, Castleman Academy Trust merged into The Southern Education Trust. As a result, Castleman Academy Trust no longer has any Academy Schools and will be wound up in due course.”
• “All schools within the academy trust have agreed to join the Southern Education Trust from 1 September 2025.”

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

Filings

3

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

  +6%

  £14,540,526 → £15,418,076

• Cash

  -44.1%

  £2,058,966 → £1,151,505

• Net assets

  +0.6%

  £31,422,384 → £31,625,887

• Employees

  +4.7%

  364 → 381

• Operating profit

  -42.9%

  -£643,605 → -£919,908

• Profit before tax

  -161.5%

  £885,134 → -£544,497

• Wages

  +7.8%

  £8,734,950 → £9,415,073

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