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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. 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

“In auditing the financial statements, we have concluded that the trustees' 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 charity'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.”

Significant events

• “The College was inspected for the first time under the new ISI Inspection and reporting framework where following a three-day visit in February 2025, assessors from the Independent Schools Inspectorate (ISI) say that the school meets all five key standards they have set.”
• “This ISI Inspection being in addition to being been hailed as an 'outstanding' school in a most recent report by the Catholic Schools Inspectorate, where Inspectors gave St. Mary's an 'outstanding' rating in all three categories they assess.”
• “The independent school sector has seen a decline in pupil numbers over the past decade. However, since 2014 St Mary's pupil numbers have steadily increased and the objective of the charity is to maintain this pupil number growth to ensure ongoing financial stability, although the Governors recognise the additional financial burden placed on families since the introduction of VAT on fees from January 2025.”
• “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.”
• “In addition, the Government's decision in 2019 to increase employers' Teacher's Pension Scheme (TPS) contributions from 16.48% to 23.68%, then from 23.68% up to 28.68% from April 2024 significantly increased the College's Pay-related costs, entirely outside of its control.”
• “Further, the impact of increases to National Living Wage in recent years, including an additional 77 pence per hour (6.7%) effective April 2025 and a further 50 pence per hour (4.1%) added additional pressure on other staff costs to maintain pay differentials for attraction and retention of staff in more-skilled support roles.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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.