KEYS CO-OPERATIVE ACADEMY TRUST

• ◆

  3 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Griffin Chapman

Audit opinion

Unqualified (clean)

Going concern

Affirmed

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

• “Anchorage donations have continued to recover from Covid times when fundraising activities ceased. Grant giving organisations have continued to operate more inline with pre-Covid times and have been accepting funding applications again.”
• “During the year the Academy Trust accepted an employee onto an existing electric vehicle salary sacrifice scheme. When it was identified that ESFA approval was required when accepting a new employee onto an existing scheme it was not possible to cancel the contract. The transaction was not in accordance with the requirements of the Academy Trust Handbook. No further electric car contracts have been entered into.”

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

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +11.6%

  £11,749,627 → £13,107,465

• Cash

  -37%

  £4,349,368 → £2,738,632

• Net assets

  +2%

  £21,851,758 → £22,284,476

• Employees

  -1.9%

  209 → 205

• Operating profit

  +33.1%

  £469,478 → £624,718

• Profit before tax

  +33.1%

  £469,478 → £624,718

• Wages

  +9.7%

  £6,972,240 → £7,649,124

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