ASPIRATIONS ACADEMIES TRUST

• ⚠

  Material uncertainty over going concern

  The Board recognises that the financial position of the Trust at 31 August 2025 is challenging and the total free reserves carried forward amounted to a deficit of £486,000, down from a surplus of £1,004,000 in 2024. This is below both the Trust's reserves policy and the generally accepted sector benchmarks. The Board therefore acknowledges that a material uncertainty exists, which may cast doubt on the Trust's ability to continue as a going concern, and that this uncertainty will be disclosed appropriately within these financial statements.

• ◆

  3 officer resignations in last 12 months

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

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

Material uncertainty disclosed

“The Board recognises that the financial position of the Trust at 31 August 2025 is challenging and the total free reserves carried forward amounted to a deficit of £486,000, down from a surplus of £1,004,000 in 2024. This is below both the Trust's reserves policy and the generally accepted sector benchmarks. The Board therefore acknowledges that a material uncertainty exists, which may cast doubt on the Trust's ability to continue as a going concern, and that this uncertainty will be disclosed appropriately within these financial statements.”

Significant events

• “After the year end, the Trust has sold a freehold property located at Wykham Park Academy for proceeds of £445,000 with a completion date of 10 October 2025. The property was held at a net book value of £344,000 at the year end.”
• “The Dining Hall building at Oak Hill Academy collapsed in September 2025 during a storm and strong winds. A temporary facility is currently being used for this function. Consultations are currently ongoing with the loss adjustor and RPA insurance.”

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

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +8.5%

  £69,099,000 → £74,954,000

• Cash

  -59%

  £1,373,000 → £563,000

• Net assets

  -0.7%

  £114,651,000 → £113,853,000

• Employees

  +7.8%

  861 → 928

• Wages

  +6.9%

  £39,802,000 → £42,563,000

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