THE SABDEN MULTI ACADEMY TRUST

• ⚠

  Material uncertainty over going concern

  The Board of Trustees have commenced formal discussions with the Department for Education to re-broker all the schools within the Trust. On completion of the transfers of the schools within the trust the academy trust will be wound up. As a result the financial statements are prepared on a basis other than going concern. The Directors do not therefore consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements, and the financial statements have been prepared on a basis other than going concern. College Central transferred out of the Trust 1 September 2025. Following the re-brokering of the remaining schools in 2025/2026 the Directors will proceed to liquidate the Trust.

• ◆

  4 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

Standalone (parent only)

Auditor

BKL Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Board of Trustees have commenced formal discussions with the Department for Education to re-broker all the schools within the Trust. On completion of the transfers of the schools within the trust the academy trust will be wound up. As a result the financial statements are prepared on a basis other than going concern. The Directors do not therefore consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements, and the financial statements have been prepared on a basis other than going concern. College Central transferred out of the Trust 1 September 2025. Following the re-brokering of the remaining schools in 2025/2026 the Directors will proceed to liquidate the Trust.”

Significant events

• “The trust has undertaken a significant change application during 2024-25 resulting in the three SEMH schools sharing an SEN designation of SEMH and ASC.”
• “College Central transferred to a new trust on 1 September 2025.”
• “Following the removal of College Central, the cessation of Nore Academy and the requirement to re-broker The Workplace, trustees have considered the ongoing viability of the academy trust.”
• “Trustees are engaging with a range of stakeholders to find an appropriate match for the remaining schools and aim to complete transfer of all schools by 31 August 2026.”
• “In the year to 31 August 2025 the Trust issued notice to the Regional Schools Commissioner and partner Local Authorities to re-broker all of it's schools.”

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

  -29.5%

  £16,833,331 → £11,861,096

• Cash

  +116.4%

  £581,342 → £1,257,980

• Net assets

  -2.1%

  £21,512,401 → £21,050,662

• Employees

  -1%

  201 → 199

• Wages

  +6.2%

  £6,667,043 → £7,079,806

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