FURNESS EDUCATION TRUST

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. FURNESS EDUCATION TRUST 2019-07-19 → present
2. FURNESS ACADEMIES TRUST 2015-07-30 → 2019-07-19
3. FURNESS ACADEMY LIMITED 2009-05-05 → 2015-07-30

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

Standalone (parent only)

Auditor

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the Board of Trustees has a reasonable expectation that the Academy has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. 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 Academy'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

• “Furness Education Trust grew to a seven school multi-academy trust following the transfer of Walney School on 1st January 2025.”
• “Exceptional results seen at Yarlside during this year SATS examinations and Furness Academy proudly boasting their best ever GCSE results in summer 2025.”
• “The trust welcomed a new primary headteacher to Parkside Academy in September 2024 and saw the internal promotion of two deputy headteachers to acting and then substantive headteachers at both Furness Academy and Walney School for September 2025.”
• “Yarlside Academy were proud to be formally recognised by Ofsted as a school that continues to be Outstanding in November.”
• “Newton Village Academy also welcomed Ofsted to the school in June. Although the visit was ungraded, inspectors were confident in their conclusion that the school has maintained the standards from their last "Good" rated inspection.”
• “Walney School also hosted Ofsted visits in May. Inspectors commented that since joining Furness Education Trust, the school has raised its expectations of pupils' conduct and that students benefit from a new and improved curriculum.”
• “The Furness Academy Top of the Form team successfully defended their champion status, winning the 2024 competition in October.”
• “Students in the trust primary school continue to excel in a variety of sports, being chosen to represent the Furness area at many county level competitions.”
• “Furness Academy also continued to have great sporting successes, particularly in rugby reaching National Cup level in Years 8 and 9.”
• “The trust have also proudly invested in the creation of new 3G sports pitches at Victoria Academy.”
• “Lindal and Marton Primary School were chosen as one of one 12 schools in Westmorland and Furness to be part of the breakfast clubs early adopter scheme.”
• “Year 6 students across the trust took part in their annual trip to London.”
• “Furness Academy students enjoyed international travel this year, with trips to Iceland, Spain and the annual ski trip to Austria.”
• “The school also welcomed a number of teachers and students from their partner school in Brazil for a week of cultural exchange.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

6

last 12 months

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

• Turnover

  +63.1%

  £16,297,000 → £26,581,000

• Cash

  -9.8%

  £2,305,000 → £2,078,000

• Net assets

  +14.5%

  £33,954,000 → £38,890,000

• Employees

  +15.5%

  361 → 417

• Operating profit

  +1,203.3%

  -£509,000 → £5,616,000

• Wages

  +33.7%

  £8,493,000 → £11,351,000

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