LET 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

Consolidated group

Auditor

DJH Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the board of trustees has a reasonable expectation 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

• “GCSE results at Hollins were disappointing this year, with headlines measures lower than expected in all key areas.”
• “Rhyddings results were pleasing with an increase in all key measures bar one.”
• “Key Stage 2 results were pleasing at Huncoat in terms of starting points and school context.”
• “Clear actions have been identified in relation to improvements needed at West End following an extremely disappointing year with a very challenging year group.”
• “Hollins and Huncoat were inspected in the Autumn Term 2024. Both had an ungraded inspection as previous 'Good' schools.”
• “Rhyddings was inspected in January 2025 and had a graded inspection. They were seen as Requiring Improvement in all areas, which was as we expected. They have since had targeted DfE support in the summer term 2025 and have made excellent progress against their AFIs.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +3.2%

  £15,718,000 → £16,225,000

• Cash

  -40.4%

  £2,361,000 → £1,406,000

• Net assets

  +0.3%

  £30,745,000 → £30,829,000

• Employees

  +5.3%

  247 → 260

• Operating profit

  -76.3%

  £1,040,000 → £246,000

• Profit before tax

  -76.3%

  £1,040,000 → £246,000

• Wages

  +6.5%

  £8,132,000 → £8,664,000

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