GENESIS EDUCATION TRUST

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

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have a reasonable expectation based upon these measures 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

• “The Trust Schools have made significant progress in addressing the damage caused by the flooding in 2021 and 2022, with the flood at St Saviour's and St. Margaret's closed with no outstanding financial costs. The flood at St. Marys is near completion with very minimal work outstanding. The flood mitigation work after several designs based on the functionality of the protective measures is nearing the implementation stage. The project has required financial uplift from the DfE which has also been granted.”
• “A significant number of key staff across the Trust have taken or are due to take maternity leave, reflecting the Trust's family-friendly culture but creating financial and operational pressures.”
• “The Trust is progressing two major early years' projects - the expansion of St Saviour's nursery and the construction of a new nursery at St Margaret's - reflecting its commitment to strengthening early years' provision and supporting local families. St Saviour's nursery, operated by the external provider Little Learners, has successfully completed its expansion and is fully operational. The Trust maintains a supportive relationship with Little Learners, though the project continues to carry reputational risk. The Little Learners Nursery at St Margaret's is scheduled to begin construction in the Autumn Term 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

0

last 12 months

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

• Turnover

  +7.4%

  £10,840,705 → £11,643,032

• Cash

  +83.3%

  £555,682 → £1,018,693

• Net assets

  +336.4%

  -£363,127 → £858,597

• Employees

  +1.8%

  169 → 172

• Operating profit

  +52.9%

  £189,470 → £289,724

• Profit before tax

  +52.9%

  £189,470 → £289,724

• Wages

  +6.7%

  £5,857,645 → £6,247,421

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