ST. BEDE'S FOUNDATION

• ◆

  4 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ST. BEDE'S FOUNDATION 2021-02-18 → present
2. ASTON FOUNDATION 2020-07-22 → 2021-02-18

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

DJH Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“St Bede's Foundation has net current liabilities as of 31 August 2024 of £2,208,940 (2023: £2,026,459), however, included within creditors are fees received in advance of future academic years from parents who have taken advantage of the optional early payment discount scheme. These amount to £1,932,932 (2022: £2,234,296) which do not represent amounts payable by the College. Since the year end the College has generated positive cash flows. Having reviewed the financial performance of the College and the expectations for the 2024/25 academic year and beyond, the Governors have concluded it is appropriate to prepare the accounts on the going concern basis. Proeduca Summa S.L has provided written confirmation that it is their intention to continue to support St Bede's Foundation to enable it to continue as a going concern and meet its debts as and when they fall due, for a period of at least 12 months from the date of the signing of these financial statements. In addition, they have confirmed that they will not seek repayment of the loans outstanding at the balance sheet date within 12 months from the date of signing of these financial statements.”

Group structure

1. ST. BEDE'S FOUNDATION · parent
   1. St Bede's College, Manchester · Education

Significant events

• “This academic year the Senior College averaged 581 pupils (2023: 581) and the Prep School averaged 188 pupils (2023: 189). The Senior College continued to see strong recruitment into the Upper Third (Year 7) as well as growth across the rest of the year groups.”
• “In 2011/12 the College made an agreement with MCFC (Manchester City Football Club) to educate a number of the boys in their Football Academy from 11 to 16.”

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

Filings

6

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

  +1.6%

  £7,508,670 → £7,627,998

• Cash

  -57.6%

  £1,545,800 → £656,068

• Net assets

  -15.4%

  £5,312,165 → £4,496,008

• Employees

  +5%

  159 → 167

• Wages

  +8.5%

  £4,445,809 → £4,825,171

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