ASCENSION CATHOLIC ACADEMY TRUST

• ◆

  1 PSC 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

Consolidated group

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors, having considered a forecast for a period of at least twelve months from the date of approval of these financial statements, have prepared them on the going concern basis of accounting. The Group has a high level of liquid funds and thus a better ability than most to withstand any period of inadequate grant funding.”

Group structure

1. ASCENSION CATHOLIC ACADEMY TRUST · parent
   1. St Paul's Trading Limited 100% · operates as the Pavilion Nursery, for which fees are charged

Significant events

• “On 1st December 2022 the Company entered into a Qualifying Third Party Indemnity Provision in favour of the Directors, and this is insured under the DfE's Risk Protection Arrangement (RPA) provisioning insurance cover up to £10,000,000 in any one claim and in aggregate for the membership year rising from negligent acts, errors or omissions occurring whilst on Academy business.”

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

0

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

  +8.7%

  £26,400,000 → £28,690,000

• Cash

  +16.4%

  £6,380,000 → £7,428,000

• Net assets

  +21.8%

  £7,358,000 → £8,961,000

• Employees

  +0.7%

  459 → 462

• Profit before tax

  +5.6%

  £1,275,000 → £1,347,000

• Wages

  +6.4%

  £15,531,000 → £16,522,000

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