RIVIERA EDUCATION TRUST

1. RIVIERA EDUCATION TRUST 2017-07-07 → present
2. RIVIERA PRIMARY ACADEMY TRUST 2015-08-27 → 2017-07-07

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

Bishop Fleming Audit Limited

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. In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

• “Shiplay Learning Academy received a Good rating in all areas, a significant move from the previous 'Requires Improvement' grading. Roselands Primary School were inspected under section 8 to ascertain that the school remains 'Good' and it was viewed to have improved significantly and would have been judged as outstanding in all areas had it been a full section 5 inspection.”
• “The Trust has continued its collaboration with other trusts, the CEO is a member of a local MAT and has completed the DfE approved National Institute of Teaching CEO leadership programme. The trust is supporting two other MATs in a school improvement capacity in Devon and Somerset.”
• “The year ended in a small surplus in spite of significant sector-wide challenges.”
• “Budgets will be set in line with reserves policy, however, there are risk areas around pupil numbers going forward.”

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

  +7.9%

  £8,717,614 → £9,403,381

• Cash

  -20.8%

  £833,715 → £660,577

• Net assets

  +0.5%

  £13,455,420 → £13,524,712

• Employees

  +1.2%

  244 → 247

• Profit before tax

  +109.2%

  -£449,237 → £41,292

• Wages

  +0.6%

  £5,676,362 → £5,707,601

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