CHANGING LIVES LEARNING TRUST
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Cash
£1.5M
+25.8% highest in 3 filed years
Net assets
£39M
+3.2% highest in 3 filed years
Employees
449
+16.6% highest in 3 filed years
Profit before tax
—
Period ending 2025-08-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
The Trustees have therefore concluded that although there is continued support from the Department of Education in respect of the rebrokering, and anticipated approval of any necessary funding needed to support a solvent wind up of the Trust, that the basis of preparation of the financial statements can only be on a basis other than going concern as the significance of the actions and timings are outwith the control of the Trustees.
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5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
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Going-concern uncertainty disclosed
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 | 2025-08-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £14,444,000 | £18,461,000 | £22,379,000 | +21.2% | |
| Operating profit | -£1,181,000 | £9,499,000 | £159,000 | -98.3% | |
| Profit before tax | — | — | — | — | |
| Net profit | -£1,249,000 | £9,656,000 | £51,000 | -99.5% | |
| Cash | £467,000 | £1,211,000 | £1,524,000 | +25.8% | |
| Total assets less current liabilities | £29,007,000 | £39,053,000 | £40,298,000 | +3.2% | |
| Net assets | £28,593,000 | £38,188,000 | £39,398,000 | +3.2% | |
| Equity | £28,593,000 | £38,188,000 | £39,398,000 | +3.2% | |
| Average employees | 265 | 385 | 449 | +16.6% | |
| Wages | £7,836,000 | £12,222,000 | £14,591,000 | +19.4% | |
| Directors' remuneration | — | — | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-08-31 | 2024-08-31 | 2025-08-31 |
|---|---|---|---|---|
| Operating margin | -8.2% | 51.5% | 0.7% | |
| Net margin | -8.6% | 52.3% | 0.2% | |
| Return on capital employed | -4.1% | 24.3% | 0.4% | |
| Gearing (liabilities / total assets) | — | 9.8% | 10.0% | |
| Current ratio | 0.82x | 0.92x | 0.78x | |
| Interest cover | -13.73x | — | — |
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.
Name history
Renamed 2 times since incorporation
- CHANGING LIVES LEARNING TRUST 2022-12-06 → present
- WEST LAKES MULTI ACADEMY TRUST 2018-06-05 → 2022-12-06
- WEST LAKES ACADEMY 2008-06-23 → 2018-06-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Auditor
- Armstrong Watson Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“The Trustees have therefore concluded that although there is continued support from the Department of Education in respect of the rebrokering, and anticipated approval of any necessary funding needed to support a solvent wind up of the Trust, that the basis of preparation of the financial statements can only be on a basis other than going concern as the significance of the actions and timings are outwith the control of the Trustees.”
Significant events
- “The DfE issued a letter to the Trust on 2 December 2025 regarding the rebrokerage of West Lakes Academy following the Ofsted judgement in July 2025.”
- “The Trustees concluded that all remaining schools within the Trust, along with the Teaching School Hub, should be transferred to another trust or trusts as swiftly as possible.”
- “Settlebeck School joined the trust on 1 September 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 64 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ASQUITH, Stephen Richard | Director | 2020-02-03 | Mar 1981 | British |
| COWPERTHWAITE, Ann-Marie | Director | 2022-10-17 | Nov 1966 | British |
| CREAN, Vincent St John, Professor | Director | 2023-04-21 | Jan 1959 | British |
| DAVIDSON BEM, David | Director | 2023-09-01 | Dec 1970 | British |
| HOLDEN, Alexis Jane, Dr | Director | 2025-12-01 | Aug 1968 | British |
| LANGAN, Sharon | Director | 2024-09-01 | May 1972 | British |
| OAKLEY, Helen | Director | 2026-06-23 | Feb 1971 | British |
| RICE, Joshua John | Director | 2022-02-08 | Nov 1973 | British |
Show 64 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORSYTH, Karen Anne | Secretary | 2014-03-29 | 2015-02-28 |
| LESTER, Stephen Kingsley | Secretary | 2015-07-01 | 2020-04-30 |
| LYON, Samuel John | Secretary | 2008-11-27 | 2014-03-28 |
| PICKTHORN, Tom | Secretary | 2008-06-23 | 2008-11-27 |
| STEVENSON, Caroline | Secretary | 2020-04-30 | 2023-01-31 |
| TYLER, Gillian Lora | Secretary | 2023-03-27 | 2025-09-22 |
| WATSON, Laura | Secretary | 2023-02-01 | 2023-03-26 |
| ALDERSON, Susan Jill | Director | 2012-10-26 | 2018-06-01 |
| ALLEN, Janice Lesley | Director | 2024-09-01 | 2026-02-16 |
| ARMSTRONG, Susan Julie | Director | 2019-01-22 | 2019-12-02 |
| ARMSTRONG, Susan Julie | Director | 2014-07-07 | 2018-06-01 |
| ASHTON, John Richard, Professor | Director | 2008-09-10 | 2010-01-13 |
| ASHWORTH, Vincent Andrew | Director | 2021-02-01 | 2022-08-31 |
| BARLOW, Timothy John | Director | 2023-09-11 | 2024-09-19 |
| BEAUMONT-SEMPILL, Roxine Ann | Director | 2008-09-10 | 2012-08-31 |
| BLOOMER, Daniel John, Dr | Director | 2016-02-01 | 2018-06-01 |
| BRINDLE, Glenda Mary | Director | 2011-09-19 | 2012-03-26 |
| BUTTERFIELD, Anne-Marie | Director | 2012-09-17 | 2015-08-21 |
| BUTTERWORTH, Gillian | Director | 2016-04-25 | 2017-02-07 |
| CAPSTICK, Nichola | Director | 2015-09-01 | 2018-06-01 |
| COOPER, Barrie | Director | 2008-06-23 | 2009-07-31 |
| CREAN, Vincent Stjohn, Professor | Director | 2019-02-25 | 2023-03-23 |
| CROOKS, Georgina Kate Elizabeth | Director | 2023-09-01 | 2024-08-30 |
| CURWEN, Ian | Director | 2012-09-17 | 2018-06-01 |
| FARLEY, Michael | Director | 2008-06-23 | 2010-12-31 |
| FINN, Amy Jasmine | Director | 2011-11-07 | 2014-09-15 |
| GIBSON, Jim | Director | 2008-06-23 | 2008-12-31 |
| HALLARD, Valerie Jean | Director | 2009-07-01 | 2012-08-31 |
| HOLDSWORTH, Angela Yvonne | Director | 2021-12-06 | 2022-06-08 |
| HOUGH, Brian Roy | Director | 2011-09-19 | 2012-03-26 |
| JACKSON, Catherine Miriam, Prof | Director | 2021-06-07 | 2025-06-06 |
| JOHNSON, Jonathan Paul | Director | 2016-01-01 | 2018-06-01 |
| JOHNSTON, James Richard | Director | 2008-11-05 | 2011-07-14 |
| LE JEUNE, Alison Alona | Director | 2013-07-15 | 2015-12-06 |
| LING, Kenny | Director | 2010-05-08 | 2011-04-27 |
| LOFTHOUSE, Karl Ronald | Director | 2021-10-19 | 2023-01-27 |
| NATTRESS, Christopher David | Director | 2012-12-03 | 2015-10-14 |
| NICHOLSON, Nicole Louise | Director | 2020-03-23 | 2022-03-25 |
| NICHOLSON, Nicole Louise | Director | 2015-01-28 | 2018-06-01 |
| OAKES, Jacqueline | Director | 2019-12-03 | 2021-06-07 |
| OLDFIELD, Peter | Director | 2020-03-23 | 2022-04-21 |
| PARLETT, Martin Antony | Director | 2019-01-22 | 2020-01-10 |
| PEARSE, Michelle Louise | Director | 2013-07-15 | 2024-05-03 |
| PECK, Lee Anthony, Dr | Director | 2008-06-23 | 2013-03-25 |
| PLEWS, Deborah Faith | Director | 2011-10-31 | 2015-08-31 |
| POLKEY, David | Director | 2012-09-17 | 2014-03-17 |
| POTTER, Charles Alan, Dr | Director | 2017-07-10 | 2018-06-01 |
| POTTER, Michael Gordon | Director | 2024-11-25 | 2026-04-24 |
| QUAYE, Jeffery, Dr | Director | 2023-09-15 | 2024-09-09 |
| RAY, Vanessa | Director | 2010-04-01 | 2015-12-31 |
| REID, Marianna | Director | 2024-09-01 | 2026-06-16 |
| SEWARD, Amanda | Director | 2024-12-04 | 2026-02-16 |
| SIMPSON, Janet Elisabeth | Director | 2009-08-28 | 2010-03-31 |
| SIMPSON, Michael | Director | 2010-07-13 | 2013-03-25 |
| SOUTHWARD, David Edward | Director | 2010-11-15 | 2018-06-01 |
| SWANN, Moira Christine | Director | 2008-09-01 | 2010-07-31 |
| THOMPSON, Adrian Nicholas | Director | 2008-09-10 | 2020-08-31 |
| TWISELTON, Carole Samantha | Director | 2021-12-06 | 2023-08-31 |
| WALKER, Simonne Clare | Director | 2020-09-28 | 2024-01-11 |
| WATERS, Michael John | Director | 2018-06-01 | 2022-08-31 |
| WILSON, Suzanne Elizabeth | Director | 2017-09-18 | 2018-06-01 |
| WOODBURN, Elaine Margaret, Councillor | Director | 2008-09-10 | 2010-05-17 |
| WYLIE, Richard, Dr | Director | 2018-06-01 | 2021-05-04 |
| WYLIE, Rick | Director | 2011-01-24 | 2019-07-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Carole Samantha Twiselton | Individual | Significant influence (as trust) | 2023-09-01 | Ceased 2023-09-01 |
| Professor Michael John Waters | Individual | Significant influence (as trust) | 2023-09-01 | Ceased 2023-09-01 |
| Mr Ian Michael Fisher | Individual | Significant influence (as trust) | 2021-12-06 | Ceased 2023-09-01 |
| Mrs Alyson Noreen Armett | Individual | Significant influence (as trust) | 2020-12-14 | Ceased 2023-09-01 |
| Mr Andrew Sellar | Individual | Significant influence (as trust) | 2019-02-14 | Ceased 2023-09-01 |
| Dr Lynne Margaret Livesey | Individual | Significant influence (as trust) | 2018-06-01 | Ceased 2021-12-05 |
| Mr John Richard Oliver | Individual | Significant influence (as trust) | 2018-06-01 | Ceased 2020-12-13 |
| Mrs Michelle Louise Pearse | Individual | Significant influence (as trust) | 2018-06-01 | Ceased 2019-02-13 |
| Mr Robert Andrew Bryson Higgins | Individual | Significant influence (as trust) | 2018-06-01 | Ceased 2018-10-29 |
| Mr Rick Wylie | Individual | Significant influence | 2018-06-01 | Ceased 2018-06-01 |
| Mr Adrian Nicholas Thompson | Individual | Significant influence (as trust) | 2018-06-01 | Ceased 2018-06-01 |
Filing timeline
Last 20 of 217 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-29 RESOLUTIONS Resolution
- 2026-01-21 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-05 | AA | accounts | Accounts with accounts type full | |
| 2026-04-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-29 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-21 | MA | incorporation | Memorandum articles | |
| 2025-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-11 | CH01 | officers | Change person director company with change date | |
| 2025-02-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-24 | AA | accounts | Accounts with accounts type full | |
| 2024-12-16 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-11-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-10 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 5
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.