STEWARDS ACADEMY TRUST

• ⚠

  Material uncertainty over going concern

  The Trustees have concluded that the financial statements should be prepared on a basis other than a going concern. This decision reflects the anticipated legal transfer of the Trust's activities, assets, and liabilities to PCLC, which is expected to take place post year-end.

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

Kreston Reeves LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Trustees have concluded that the financial statements should be prepared on a basis other than a going concern. This decision reflects the anticipated legal transfer of the Trust's activities, assets, and liabilities to PCLC, which is expected to take place post year-end.”

Significant events

• “Stewards Academy Trust is in the process of transfer Stewards Academy into Passmores Co-Operative Learning Community, which has been approved by the Regional Schools Commission. The planned date for the Transfer is the 1st February 2025.”
• “During the past year, the Trust faced significant challenges stemming from a high turnover of Trustees/Members, particularly towards the end of the academic year, which disrupted the continuity of governance and strategic oversight. This period of instability was compounded by uncertainty surrounding the timing of the transfer to PCLC, which created operational challenges and hindered long-term planning.”
• “There are only 2 members of the Trust. It is a requirement that the Trust has at least 3 members which due to resignations is no longer the case.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +3.3%

  £7,857,725 → £8,120,040

• Cash

  -35.1%

  £2,633,509 → £1,709,438

• Net assets

  -12.2%

  £10,161,851 → £8,923,005

• Employees

  -2.7%

  148 → 144

• Wages

  +7.4%

  £4,254,703 → £4,567,950

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