STEPHENSON (MK) TRUST

• ◆

  5 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. STEPHENSON (MK) TRUST 2013-09-23 → present
2. STEPHENSON (MK) ACADEMY TRUST 2012-01-23 → 2013-09-23

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“the Trust has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Trust's ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “SERCO Plc. who withdrew as sponsor in January 2025”
• “Stephenson Academy was inspected by Ofsted in June 2025 and achieved a 'Good' rating in all areas.”
• “Bridge Academy was inspected by Ofsted in June 2024, also receiving a 'Good' rating in all areas, with 'Outstanding' for Sixth Form Provision.”
• “MK Primary PRU joined the Trust in November 2022. In October 2024, our school improvement partner evaluated the setting as 'Good'.”
• “Trustees agreed proposals to amalgamate MK Primary PRU with Bridge Academy, creating one all through Alternative Provision Academy from 1 September 2025.”
• “Significant capital investment in leasehold improvements was undertaken at both Bridge Academy and Stephenson Academy, which resulted in capital expenditure of £148k.”
• “During the academic year 2023/24, the trust did not operate a formal recharging arrangement for schools within the Milton Keynes Inclusion Partnership. However, from 2024/25, a recharging system was introduced to recharge Age Weighted Pupil Unit (AWPU) and Pupil Premium for qualifying children. This resulted in additional income of in the region of £745k, as seen in the Statement of Financial Activities (SOFA).”
• “Appointment of new HR Manager in February 2025”
• “Appointment of new HR Administrator in January 2025”
• “New managed IT procured in April 2025”
• “Head of Operations appointed September 2024”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  +5.3%

  £10,258,515 → £10,800,031

• Cash

  +20%

  £3,020,470 → £3,624,506

• Net assets

  +2%

  £13,260,032 → £13,526,143

• Employees

  +2.2%

  178 → 182

• Wages

  +13.3%

  £5,554,279 → £6,293,732

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