THE FIRST FEDERATION TRUST
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Next accounts due
2027-05-31 (in 1y)
Last filed for 2025-08-31
Confirmation statement due
2026-10-27 (in 5mo)
Last made up 2025-10-13
Watchouts
Cash
£5M
+55.8% vs 2024
Net assets
£41M
+35.6% vs 2024
Employees
833
+24.5% vs 2024
Profit before tax
£11M
+495.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- THE FIRST FEDERATION TRUST 2013-09-11 → present
- THE PRIMARY ACADEMIES (VOLUNTARY AIDED) TRUST 2011-10-21 → 2013-09-11
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-08-31
| Metric | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Turnover | £28,944,000 | £48,705,000 | |
| Operating profit | — | — | |
| Profit before tax | £1,772,000 | £10,560,000 | |
| Net profit | £1,772,000 | £10,560,000 | |
| Cash | £3,415,000 | £5,322,000 | |
| Total assets less current liabilities | £30,754,000 | £41,289,000 | |
| Net assets | £30,427,000 | £41,273,000 | |
| Equity | £30,427,000 | £41,273,000 | |
| Average employees | 669 | 833 | |
| Wages | £15,197,000 | £20,372,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Net margin | 6.1% | 21.7% | |
| Gearing (liabilities / total assets) | 8.0% | 6.7% | |
| Current ratio | 3.35x | 3.10x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making appropriate enquiries, the board of trustees has a reasonable expectation that the First Federation Trust has adequate resources to continue in operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the financial statements.”
Group structure
- THE FIRST FEDERATION TRUST · parent
- First Beginnings Limited 100%
Significant events
- “The Trust operated 29 primary academies across Dorset, Devon and Plymouth for the year ended 31 August 2025.”
- “Chickerell Primary Academy and seven former Acorn Multi Academy Trust schools transferred to the First Federation Trust on 1 September 2024.”
- “The Trust adopted new Articles of Association in March 2025 to add Bath & Well Diocesan Board of Education as a Corporate Foundation Member.”
- “The University of St John and St Mark ceased to be a Corporate Member for multi academy trusts in September 2025; Dr A Allan resigned and a new Non-Foundation Member was appointed.”
- “The Trust recruited a new trustee, CEO of Aspire MAT, appointed as Foundation trustee by BWDBE in July 2025.”
- “During 2024-25, two additional School Improvement Officers were appointed, and a restructure of the central business team occurred, replacing Trust Business Managers with four specialist roles and strengthening the Finance team.”
- “In the Autumn 2025 school census, the First Federation Trust had 4,374 school age pupils on roll (Autumn 2024: 4,565).”
- “The number of children of primary age is currently decreasing nationally, including in Dorset, Devon and Plymouth.”
- “During the year ended 31 August 2025, the Academy Trust reported total income of £48,705,000 and expenditure of £38,145,000, with a net income of £10,560,000 including £11,045,000 from the transfer of land, buildings, and LGPS pension scheme liabilities from joining Trusts.”
- “A project to consolidate Sidmouth CE Primary School's three sites onto two sites commenced during 2024/25 with a capital grant from the DfE.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CANDY, Isabelle Andree Yvette | Secretary | 2012-02-02 | — | British |
| BROMFIELD, Carolyn, Dr | Director | 2017-07-18 | Jan 1948 | British |
| DENNER, Ann | Director | 2017-05-01 | Sep 1964 | British |
| SHAW, Rachel Jane | Director | 2020-05-06 | Aug 1971 | British |
| WALKER, Paul Simon | Director | 2017-09-01 | Apr 1977 | British |
| WALMSLEY, Alexander Peter | Director | 2015-01-01 | Feb 1951 | British |
| WARWICK, Rachel | Director | 2025-07-23 | Dec 1972 | British |
| WILLIAMS, Michael Dermot Andrew | Director | 2022-07-13 | Sep 1957 | British |
| WIMSETT, Paul, Rev | Director | 2011-11-01 | Feb 1958 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLMARK, Barbara Marion, Dr | Director | 2013-02-18 | 2013-08-31 |
| BROWN, Duncan Quentin Lamont Noble | Director | 2014-10-20 | 2017-05-11 |
| COCHRANE, Deborah | Director | 2013-09-25 | 2015-09-22 |
| CRAGG, Helen Jayne | Director | 2012-01-11 | 2015-03-31 |
| FOWLER, Noel Paul | Director | 2011-10-21 | 2011-11-01 |
| FRANKLAND, Christopher James | Director | 2018-02-01 | 2022-01-31 |
| GOSLING, Andrea Elizabeth | Director | 2017-05-01 | 2024-08-30 |
| JONES, Paul Lloyd | Director | 2011-10-21 | 2017-08-31 |
| LAMB, Penelope Jill | Director | 2011-11-01 | 2013-08-31 |
| MAGUIRE, Nicholas James | Director | 2011-11-28 | 2018-06-21 |
| METHERELL, Tanya Jennine | Director | 2014-10-20 | 2016-01-19 |
| PITMAN, Mark Edgar | Director | 2013-09-25 | 2014-07-24 |
| POWER, Antony David | Director | 2015-09-22 | 2016-07-06 |
| THOMAS, Ian James | Director | 2013-09-25 | 2019-08-31 |
| VALLANCE, Colin John | Director | 2011-11-01 | 2013-08-31 |
| VAN DER GIEZEN, Mark, Dr | Director | 2012-02-02 | 2013-10-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Alexander Peter Walmsley | Individual | Voting 25–50% | 2016-09-26 | Ceased 2017-06-01 |
| Exeter Diocesan Education Network | Corporate entity | Voting 25–50% | 2016-04-06 | Ceased 2025-03-28 |
Filing timeline
Last 20 of 91 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-24 RESOLUTIONS Resolution
- 2025-04-14 RESOLUTIONS Resolution
- 2025-04-14 RESOLUTIONS Resolution
- 2025-04-14 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-23 | AA | accounts | Accounts with accounts type full | |
| 2025-11-04 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-10-24 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-14 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-14 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-14 | MA | incorporation | Memorandum articles | |
| 2025-02-06 | AA | accounts | Accounts with accounts type full | |
| 2024-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-04 | AA | accounts | Accounts with accounts type full | |
| 2023-10-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-02 | AA | accounts | Accounts with accounts type full | |
| 2022-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-14 | AP01 | officers | Appoint person director company with name date | |
| 2022-02-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-11 | AA | accounts | Accounts with accounts type full | |
| 2021-10-21 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-08-31 vs 2024-08-31
-
Turnover
+68.3%
£28,944,000 £48,705,000
-
Cash
+55.8%
£3,415,000 £5,322,000
-
Net assets
+35.6%
£30,427,000 £41,273,000
-
Employees
+24.5%
669 833
-
Profit before tax
+495.9%
£1,772,000 £10,560,000
-
Wages
+34.1%
£15,197,000 £20,372,000
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