THE OAK TRUST

• ◆

  3 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. THE OAK TRUST 2017-09-29 → present
2. NORTH CHADDERTON SCHOOL 2014-07-28 → 2017-09-29

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

Murray Smith 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, it continues to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Grant funding of £507,000 was secured from Oldham Council to fund remodelling works and a small extension to the current resource provision at North Chadderton School which will enable the school to increase student capacity in this area.”
• “The Trust was successful in being, awarded wrap around funding grants for both primary schools in the Trust. The initial funding amounted to £33,160 for Thorp Primary and £46,160 for Fir Bank Primary. A second bid for both schools also granted additional funding of £14,000 for each school.”

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

Filings

18

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

  +4.6%

  £13,763,000 → £14,400,000

• Cash

  -3.1%

  £2,230,000 → £2,161,000

• Net assets

  +0.5%

  £44,749,000 → £44,975,000

• Employees

  -7.1%

  252 → 234

• Wages

  +1%

  £8,679,000 → £8,763,000

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