Kirkham Grammar School, a historic independent school in Lancashire founded in 1549, has been acquired by international education organisation Maharishi Mahesh Yogi Sanstha (MMYS) just days after entering administration.
School enters administration
The 476-year-old school entered administration on 17 July according to the Gazette, with the previous ownership structure becoming 'unsustainable'. The school has since been purchased in a deal that leaders say will secure its long-term future.
The £6,600-a-term institution will now operate through Kirkham Grammar International School Limited, with senior leadership set to be kept in place ahead of the new academic year.
Headteacher welcomes deal
Headteacher Kirsten O'Donoghue described the deal as "a very positive and exciting moment" for the school. She said: "This is a very positive and exciting moment for Kirkham Grammar School. As both Head and a former pupil, I know how special this School is and how deeply it is valued.
"Kirkham Grammar School has a proud history and an outstanding reputation. This new chapter will protect everything that makes our school special while strengthening the pupil experience through long-term investment, pastoral care, wellbeing, whole child development and international opportunity.
"Myself and the Senior Leadership Team look forward to helping pupils achieve excellence while developing the respect, kindness, resilience and personal qualities they need to flourish."
Financial pressures cited
Chair of Governors Paul Ribchester said mounting financial pressures had made the previous ownership model unsustainable. He said: "A combination of factors had made continued operation under the previous ownership structure unsustainable.
"These included sustained inflationary pressures and rising operating costs, significant increases in employer National Insurance contributions, and the introduction of VAT on independent school fees.
"In order to thrive, independent schools must evolve, and despite sector-wide challenges, the future of our school is bright. This acquisition is a positive outcome that preserves the educational purpose of Kirkham Grammar School."
MMYS commitment
MMYS, which operates schools in Australia, the United States and India, says it intends to honour the history and traditions of the school, which has roots dating back to the 13th century. A spokesperson for MMYS said: "Kirkham Grammar School possesses an extraordinary heritage built over nearly five centuries. It is a privilege for MMYS to become the steward of such a remarkable institution.
"We are committed to preserving the School’s traditions while supporting its future growth, investing in its educational environment, nurturing every pupil and supporting its dedicated staff. We are equally delighted that the School’s experienced Senior Leadership Team will continue to lead the School, providing continuity and confidence for pupils, parents and staff.
"Together, we look forward to building upon Kirkham Grammar School’s remarkable legacy through educational excellence, innovation, global collaboration and values-based education, ensuring that every pupil is equipped to excel academically and contribute positively to society."
