STEEL CITY SCHOOLS PARTNERSHIP

• ◆

  3 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Hart Shaw LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trustees have therefore concluded that the academy trust has adequate resources to continue in operational existence for the next 12 months and, on balance, believe there are no material uncertainties that, individually or collectively, cast doubt on the academy 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

• “The trust has had a challenging financial year, starting with a brought forward deficit position, and the trust is delighted to report an in-year surplus of £319k, and a carry forward surplus position of £43k to be taken forward to 2025/26.”
• “The trust is budgeting another in-year surplus for 2025/26.”
• “The trust has received notification from the Local Government Pension Scheme, confirming that the LGPS employer pension contributions will be reducing from 24.9% to 17.5% in April 2026.”
• “The increase in pupil needs across Trust schools in 2024-2025, prompted the Trust Board to review its scrutiny on SEND provision across the Trust.”
• “A new trustee joined the Trust in Spring 2025 as the SEND link trustee who has been in regular contact with the Trust SEND lead and the CEO.”
• “Following the resignation of trustee Hannah Preston in Autumn 2024, the Trust board recognised that they needed to appoint a new trustee with extensive safeguarding experience...”
• “The chair of the Trust Board changed in October 2024, following the previous chair who had been in the role for six years. Peter Mucklow was elected as the new chair.”
• “The Trust implemented an updated management plan in 2024 that included improved strategic oversight of financial control of income and expenditure based on accurate forecasting, budgeting and reporting and stronger financial controls. External financial scrutiny audits were also commissioned.”
• “Trustees and executive leaders held a strategic planning afternoon in May 2025 to discuss and agree the strategic Trust Improvement Plan. At this meeting it was agreed to focus on consolidation of the Trust over the next two academic years.”
• “A Trust wide pupil survey was undertaken in autumn 2024.”
• “360 reviews were introduced and undertaken for all chairs in summer 2025 for the first time.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +5.9%

  £22,474,843 → £23,799,799

• Cash

  +16.6%

  £1,268,278 → £1,479,430

• Net assets

  +3.9%

  £34,141,234 → £35,459,084

• Employees

  +2.5%

  513 → 526

• Operating profit

  +67.5%

  -£2,350,433 → -£763,150

• Profit before tax

  +67.5%

  -£2,350,433 → -£763,150

• Wages

  +1%

  £13,519,318 → £13,655,736

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