THE PROSPECT TRUST
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Next accounts due
2027-05-31 (in 1y)
Last filed for 2025-08-31
Confirmation statement due
2026-07-12 (in 2mo)
Last made up 2025-06-28
Watchouts
Cash
£4M
+2.2% vs 2024
Net assets
£50M
-0.7% vs 2024
Employees
752
+2.9% vs 2024
Profit before tax
—
Period ending 2025-08-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
4 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-08-31
| Metric | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Turnover | £34,121,000 | £37,507,000 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | -£1,683,000 | -£729,000 | |
| Cash | £4,179,000 | £4,273,000 | |
| Total assets less current liabilities | £50,561,000 | £49,949,000 | |
| Net assets | £50,063,000 | £49,700,000 | |
| Equity | £50,063,000 | £49,700,000 | |
| Average employees | 731 | 752 | |
| Wages | £20,393,000 | £21,805,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Net margin | -4.9% | -1.9% | |
| Gearing (liabilities / total assets) | 5.1% | 6.1% | |
| Current ratio | 2.27x | 2.20x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees have concluded that the Trust has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Trust's ability to continue as a going concern. The Trust is actively working towards an integration with Weydon Multi-Academy Trust. The proposed integration is subject to approval by the Department for Education and could take place in 2026. If the proposed integration goes ahead, The Prospect Trust, as a separate legal entity, would no longer continue and would then cease to be a going concern.”
Significant events
- “The Trust is a multi-academy trust created on 29 June 2017. During the academic year 2024-25, the Trust consisted of one 16-19 college, The Sixth Form College Farnborough, one secondary school, Tomlinscote School and one junior school, Frimley Church of England School. St Mark's Church of England Primary School joined the Trust on 1 September 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAWES, Maria Anne | Director | 2018-07-08 | Jan 1964 | British |
| NEEDHAM, Andrew Craig | Director | 2017-06-29 | Aug 1956 | British |
| TEAR, Alex, Canon | Director | 2021-04-01 | Jan 1972 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAGNALL, William Edward Hampshire | Director | 2017-06-29 | 2023-12-13 |
| BAKER, Vicky | Director | 2023-12-13 | 2026-03-31 |
| EYRE, Peter John | Director | 2017-09-01 | 2022-06-21 |
| FREEMAN, James | Director | 2023-10-29 | 2026-03-31 |
| JARVIS, Simon Charles | Director | 2017-09-01 | 2022-08-31 |
| MAJURY, Robert Andrew | Director | 2017-09-01 | 2026-03-31 |
| MCKENZIE, Shelia | Director | 2024-05-01 | 2026-03-31 |
| SMITHSON, Joanne Sara | Director | 2017-06-29 | 2023-06-27 |
| STOLAGIEWICZ, Andrew | Director | 2024-10-22 | 2026-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Andrew Craig Needham | Individual | Voting 25–50% | 2026-04-17 | Active |
| Rev Gemma Michelle Hope Foster | Individual | Voting 25–50% | 2026-04-17 | Active |
| Mr James Andrew Lloyd | Individual | Voting 25–50% | 2026-04-17 | Active |
| Mr Bill Watkin | Individual | Appoints directors | 2024-09-01 | Ceased 2024-09-01 |
| Rev Gemma Michelle Hope Foster | Individual | right-to-appoint-and-remove-directors-as-trust | 2023-09-13 | Ceased 2024-09-01 |
| Mr Andrew Lloyd | Individual | right-to-appoint-and-remove-directors-as-trust | 2023-09-13 | Ceased 2024-09-01 |
| Mr Neil Alan Hopkins | Individual | right-to-appoint-and-remove-directors-as-trust | 2023-09-13 | Ceased 2024-03-31 |
| Mr Andrew Craig Needham | Individual | Shares 25–50%, Voting 25–50% | 2017-06-29 | Ceased 2024-11-15 |
| Mrs Catherine Rachel Anwar | Individual | Voting 25–50% | 2017-06-29 | Ceased 2017-11-01 |
| Neil Alan Hopkins | Individual | Voting 25–50% | 2017-06-29 | Ceased 2017-11-01 |
| James Andrew Lloyd | Individual | Voting 25–50% | 2017-06-29 | Ceased 2017-11-01 |
Filing timeline
Last 20 of 67 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-08 RESOLUTIONS Resolution
- 2025-07-03 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-27 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-27 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-20 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2026-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-29 | AA | accounts | Accounts with accounts type full | |
| 2025-07-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-03 | MA | incorporation | Memorandum articles | |
| 2025-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-14 | AA | accounts | Accounts with accounts type full | |
| 2024-12-02 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-12-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-12-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-12-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-11-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-11-08 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 5
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-08-31 vs 2024-08-31
-
Turnover
+9.9%
£34,121,000 £37,507,000
-
Cash
+2.2%
£4,179,000 £4,273,000
-
Net assets
-0.7%
£50,063,000 £49,700,000
-
Employees
+2.9%
731 752
-
Wages
+6.9%
£20,393,000 £21,805,000
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