LYKOS MULTI ACADEMY TRUST

1. LYKOS MULTI ACADEMY TRUST 2023-12-11 → present
2. HIGHFIELDS SCHOOL 2015-04-07 → 2023-12-11

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

Auditor

Feltons

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the Board of Trustees has a reasonable expectation that the multi 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

• “Place Planning - The Board of Trustees identified that the reduction in the number of reception aged pupils in geographical proximity to Springdale Primary School is a cause for concern which may result in longer term financial challenges. These will need to be planned for and mitigated.”
• “SEND - The Board of Trustees discussed the increase in numbers of SEND students with challenging and complex needs was identified.”
• “Began addressing concerns with inefficient estates through establishing an Estate Strategy and maintenance plan. For example, started design and planning works for full scale roof replacements at 2 primary schools, which would drastically reduce carbon emissions.”

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

Filings

8

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

  +8.5%

  £499,822 → £542,175

• Cash

  -36.5%

  £4,125,979 → £2,618,932

• Net assets

  +23.4%

  £40,196,839 → £49,601,908

• Employees

  +39.3%

  379 → 528

• Operating profit

  -56.7%

  £24,281,309 → £10,511,319

• Profit before tax

  -64.9%

  £21,467,945 → £7,544,069

• Wages

  +42.8%

  £9,350,702 → £13,355,240

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