No brian.
Here’s the head’s statement again:
“The combination of VAT across both schools, further compounded by the increase in employers’ National Insurance contributions, and the Carrdus pupil roll falling further below a sustainable number, means that Tudor Hall is no longer able to make the substantial financial commitment to Carrdus School that is required.”
Contributing factors are:
VAT
Increase in NI
AND
Pupil numbers falling further below a sustainable number.
Student numbers already below sustainable numbers and falling further.
This on top of the Head’s other statement from the OP
“she stated. This timing has put many private schools under intense financial strain, particularly those with already declining enrollment rates.”
Very clearly the school was already struggling.