CORNERSTONE ACADEMY TRUST

1. CORNERSTONE ACADEMY TRUST 2015-08-26 → present
2. BROADCLYST PRIMARY ACADEMY TRUST 2010-08-09 → 2015-08-26

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

Bishop Fleming Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees make this statement in respect of a period of at least one year from the date of the authorisation for issue of the financial statements and have concluded that the Academy Trust has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Academy Trust's ability to continue a as going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “Integration of three new schools into the Trust during the 2024/25 academic year.”
• “Westclyst Community Primary School maintained its Outstanding Ofsted judgement in December 2024/2025 inspections.”
• “Marpool Primary School's first year of sponsorship following an Inadequate Ofsted rating in June 2023, with significant resource targeted at improvement.”
• “Devon County Council upgraded the Fire Alarm and Emergency lighting in August 2024 for Marpool Primary School.”
• “Significant capital investment and refurbishment works undertaken at Marpool, Countess Wear, Clyst Heath, and Broadclyst schools.”
• “KS2 SATs results were down last year, but progress for children across the Trust is good.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  +56.6%

  £11,587,257 → £18,142,337

• Cash

  +32.5%

  £1,538,219 → £2,038,079

• Net assets

  +77.5%

  £21,899,218 → £38,860,920

• Employees

  +60.8%

  222 → 357

• Operating profit

  +15,608.1%

  £109,101 → £17,137,662

• Profit before tax

  +18,527.2%

  £91,993 → £17,135,702

• Wages

  +69.4%

  £5,601,755 → £9,487,442

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