LORETTO SCHOOL LIMITED

• ◆

  6 officer resignations in last 12 months

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

• ◆

  3 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

CT Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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's or 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. LORETTO SCHOOL LIMITED · parent
   1. Loretto Enterprises Limited 100% · UK · letting of School facilities to third parties during school holiday periods
   2. Loretto International Limited · dormant
   3. SS Lamert Scholarship & Bursary Fund · UK · provides scholarships for former pupils of Loretto School and bursaries for current pupils

Significant events

• “The removal of the VAT exemption on independent school fees from 1 January 2025 introduced a further challenge, impacting affordability for some families.”
• “Demographic shifts, including a declining birth rate and changes in international markets could impact on long term enrolment forecasts.”
• “Increased competition is making many parents more price sensitive.”
• “Eighty Senior School pupils participated in a fourteen-day sports and cultural trip to Canada.”
• “Girls Lacrosse 1st team travelled to National Championships, progressing to Division 1 for Sunday's fixtures.”
• “U12 girls won the McCreath Cricket Tournament.”
• “The U15 team winning the National Championships and securing a record three tournament victories, remaining undefeated, while the U18 team achieved second place finish in the National Order of Merit.”
• “Following the closure of the Brunton Theatre in early 2023, Loretto formed a partnership to enable them to continue to offer a wide range of events throughout the year.”
• “Pupils actively supported charitable causes through events such as bake sales, own-clothes days, fun runs, and chapel services, raising over £11,300 for various charities.”

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

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

6

last 12 months

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

• Turnover

  +2.1%

  £12,892,589 → £13,168,750

• Cash

  -47.1%

  £3,567,552 → £1,885,839

• Net assets

  -3.5%

  £10,041,567 → £9,689,213

• Employees

  -6%

  199 → 187

• Operating profit

  +9.3%

  -£415,469 → -£376,702

• Profit before tax

  +3.4%

  -£364,669 → -£352,354

• Wages

  +1.7%

  £5,958,997 → £6,059,260

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