ST. LEONARDS SCHOOL

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  13 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

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. ST. LEONARDS SCHOOL · parent
   1. St Leonards Enterprises Limited 100% · Scotland · commercial activities

Significant events

• “Introduction of VAT on school fees, National Minimum Wage uplifts, and wider cost inflation have materially increased operating costs.”
• “School adopted a measured and supportive approach to the implementation of VAT, absorbing a proportion of the additional cost and phasing the remainder over 18 months.”
• “The Board determined that a full exit from the STPS was required in order to manage escalating cost pressures and protect the School's financial resilience.”
• “In 2025, the golf programme achieved significant competitive recognition, with St Leonards winning the Independence International Invitational in Boston to become World Schools Champions, and also securing the Independent Schools Golf Association (ISGA) UK championship.”
• “In the Summer of 2025, the St Leonards Players presented an original theatre production, Eight Storeys of Love and Heartbreak, at the Edinburgh Festival Fringe.”
• “St Leonards was awarded the Sunday Times Independent School of the Year for GCSE, A Level and IB for 2025.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +3.7%

  £14,669,239 → £15,208,855

• Cash

  -77.2%

  £6,710,170 → £1,528,046

• Net assets

  +5.6%

  £13,113,405 → £13,845,742

• Employees

  -6.5%

  216 → 202

• Operating profit

  +129.7%

  £236,690 → £543,567

• Wages

  -3.2%

  £6,429,641 → £6,222,972

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