CREATING TOMORROW MULTI ACADEMY TRUST

• ◆

  4 officer resignations in last 12 months

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

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. CREATING TOMORROW MULTI ACADEMY TRUST 2017-08-22 → present
2. ISEBROOK SEN COGNITION & LEARNING COLLEGE 2015-02-02 → 2017-08-22
3. ISEBROOK SEN COGNITION & LEARNING COLLEGE LTD 2015-01-16 → 2015-02-02

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

Streets Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Multi Academy Trust to continue as a going concern.”

Group structure

1. CREATING TOMORROW MULTI ACADEMY TRUST · parent
   1. Creating Tomorrow College 100% · Special Provision Education for 16 to 25 year olds

Significant events

• “Windmill Hill School was judged to be Inadequate by Ofsted. There is therefore a policy presumption that a Termination Warning Notice for this academy will be issued.”
• “Windmill Hill School had vast investment in order to improve better educational performance. In addition, there were multiple staffing issues, which has required additional financial resource.”
• “Kings Meadow and The Gateway School have a deficit in year as a result of initial expenditure being required since joining the Trust.”
• “A major risk to all organisations is the financial climate we find ourselves in. The freezing of students' place funding and the significant high-needs funding pressures felt by the local authorities add to the complexity of the financial challenges facing the Trust.”
• “The current cost of living crisis is a risk to our staffing structures.”
• “The change of government has brought with it uncertainty.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +86.2%

  £18,694,820 → £34,813,719

• Cash

  +36.4%

  £3,295,732 → £4,494,982

• Net assets

  +40.4%

  £31,962,976 → £44,874,561

• Employees

  +29.6%

  304 → 394

• Wages

  +34.1%

  £10,282,621 → £13,788,426

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