ST MARY'S COLLEGE CROSBY TRUST LIMITED

• ◆

  4 officer resignations in last 12 months

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

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

• Turnover

  +10.9%

  £9,907,898 → £10,985,975

• Cash

  -4.4%

  £1,440,364 → £1,376,834

• Net assets

  +10.3%

  £4,607,769 → £5,081,628

• Employees

  +6.4%

  171 → 182

  highest in 5 filed years

• Wages

  +12.3%

  £4,329,498 → £4,861,360

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

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

Standalone (parent only)

Auditor

DSG Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees are satisfied with the position and are confident that the Charity continues as a going concern for the forthcoming period.”

Significant events

• “The College was inspected for the first time under the new Independent Schools Inspectorate (ISI) Inspection and reporting framework where following a three-day visit in February 2025, assessors from the ISI concluded that the College meets all five key standards they have set, the best possible inspection outcome.”
• “The Governors recognise the additional financial burden placed on families since the introduction of VAT on fees from January 2025.”
• “The College launched its new Strategic Plan document (click to see here) during 2023-24, which has enabled the longer term objectives to be set out.”
• “The impact of VAT being applied to independent school fees, at very short notice and effective 1 January 2025 means that parents have critical decisions to make about the ongoing affordability of independent school fees.”
• “Further, the new Government's policies saw the removal of Mandatory Business Rate Relief effective April 2025 onwards, resulting in a 5x increase in the College's annual business rates payable.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

4

last 12 months

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