EXCELLENCE IN EDUCATION TRUST

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

UHY Hacker Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In approving these financial statements, the Trustees have considered the Trust's financial position and performance and have concluded that the Trust has adequate resources to continue its activities for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis. ... This conclusion is supported by the Trust's strong cash reserves, positive net asset position, and prudent financial management, which together provide assurance that the Trust can meet its liabilities as they fall due. The Trustees have carried out this assessment for a period of at least twelve months from the date of approval of these financial statements and have identified no material uncertainties that would cast significant doubt on the Trust's ability to continue as a going concern.”

Group structure

1. EXCELLENCE IN EDUCATION TRUST · parent
   1. Acorn Manor Limited 100% · England and Wales · trading activities of the Academy Trust such as lettings and uniform sales.

Significant events

• “A key milestone in fulfilling our commitment to Oakington Manor School has been the successful completion of phase one of a comprehensive three-phase development plan. While the Trust remains committed to advancing phases two and three-representing a projected investment of nearly £6 million-the decision to proceed must be carefully weighed against the realities of the current financial climate.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -0.4%

  £3,271,336 → £3,259,500

• Net assets

  -1.4%

  £24,873,839 → £24,533,116

• Employees

  -12.6%

  199 → 174

• Wages

  +4.4%

  £5,450,415 → £5,691,011

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