FUTURE ACADEMIES

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

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

Consolidated group

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have considered the risks facing the Trust, the forecast of cashflows, pupil numbers growth and the level of reserves and are satisfied that Future Academies will be able to meet its financial obligations as they fall due over the next 12 months following the approval of the accounts and therefore conclude that the Trust is a going concern.”

Group structure

1. FUTURE ACADEMIES · parent
   1. Future Academies Trading Limited 100% · United Kingdom · hire of facilities

Significant events

• “Millbank Gardens Primary Academy, a new school formed following the amalgamation of Churchill Gardens and Millbank Academy, posted better results than its predecessor school despite the impact of amalgamation.”
• “Outcomes across the secondary academies improved on almost every measure, with only one statistically significant drop at Future Academies Watford in the percentage of children achieving 5+ in English and Maths.”
• “Progress 8 is paused as a league table measure.”
• “KS5 outcomes built again on those from 2024, with several schools making huge progress against that benchmark.”
• “Ofsted no longer offers single word-grading.”
• “We sponsored Ashtree Primary in January 2025 and renamed the school Ashtree Primary Academy with a new URN.”
• “Mount Grace School, in Potters Bar, will join Future Academies on the 1st December 2025, and will be renamed Gracewood Academy.”
• “Laureate Academy was successful in a bid to join the School Rebuilding Programme (SRP) with a design and build scheme now fully underway and due to be opened in September 2027.”
• “At Phoenix Academy, the Trust has entered into a subject to planning permission contract with the property developer, London Square, regarding the possible disposal of part of the site to fund a new build.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +6.8%

  £60,430,000 → £64,563,000

• Cash

  -79.9%

  £10,190,000 → £2,051,000

• Net assets

  +2.1%

  £189,765,000 → £193,817,000

• Employees

  +13.2%

  849 → 961

• Operating profit

  +187%

  -£5,842,000 → £5,080,000

• Profit before tax

  +187%

  -£5,842,000 → £5,080,000

• Wages

  +1.9%

  £34,954,000 → £35,631,000

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