REACH SOUTH ACADEMY TRUST
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Next accounts due
2027-05-31 (in 1y)
Last filed for 2025-08-31
Confirmation statement due
2026-05-09
Overdue
Watchouts
Cash
£8M
-2.3% vs 2024
Net assets
£121M
+0.3% vs 2024
Employees
987
+6.6% vs 2024
Profit before tax
—
Period ending 2025-08-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-09.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-08-31
| Metric | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Turnover | £48,666,158 | £52,965,632 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £3,351,404 | £28,995 | |
| Cash | £8,227,685 | £8,035,342 | |
| Total assets less current liabilities | £122,089,728 | £121,015,843 | |
| Net assets | £120,582,848 | £120,965,843 | |
| Equity | £120,582,848 | £120,965,843 | |
| Average employees | 926 | 987 | |
| Wages | £26,262,888 | £28,767,520 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Net margin | 6.9% | 0.1% | |
| Current ratio | 2.61x | 1.90x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making appropriate enquiries, the Board of Trustees has a reasonable expectation that the Academy Trust has adequate resources to continue in operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the financial statements.”
Significant events
- “The Regional Director for the South West notified the Trust on 6 March 2024 that the Secretary of State had approved Reach South to run the proposed new special free school in Gloucestershire. The school will provide 200 places for pupils with moderate learning difficulties and is expected to open in January 2027.”
- “The Minister for Children, Families and Wellbeing, wrote to the Trust on 8 March 2024 to advise that the Secretary of State had decided that our application to establish an Alternative Free School for Wiltshire should proceed to the next stage of the process. It is anticipated that the new provision will open in 2027.”
- “Following a lengthy process with the DfE and Bournemouth, Christchurch and Poole Local Authority, and following a listening period, final Ministerial approval for the phased closure of Parkfield School was granted following the general election in June 2024. Parkfield closed for all pupils except the current year-11s, on 23rd July 2024. 57-pupils in year-11 completed their GCSE courses during the academic year and the school closed fully in August 2025.”
- “The Trust is in advanced negotiations with the Transforming Futures Trust (TFT) Home Transforming Futures Trust and the DfE for the transfer of all of the TFT academies to Reach South. If all parties agree and the transfer is finally approved, then it is expected that the academies will join Reach South in February 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AGIUS, Marcus Paul Ambrose | Director | 2016-11-30 | Jul 1946 | British |
| BROAD, Natalie Louise | Director | 2025-03-27 | Feb 1980 | British |
| BUCKLAND, Nicholas Brian | Director | 2025-09-01 | Feb 1951 | English |
| CACHELIN, Fary Mahamedi, Professor | Director | 2024-06-12 | Aug 1966 | British |
| COLLINS, Jeremiah Michael | Director | 2025-03-27 | Oct 1970 | Irish |
| GENTLE, Chris, Dr | Director | 2016-10-01 | Sep 1966 | British |
| MARLAND, Penelope Mary, Lady | Director | 2017-07-25 | Aug 1957 | British |
| MCSTAY, Heather Jane | Director | 2025-03-27 | Jul 1981 | British |
| NEWTON, Alan | Director | 2017-07-25 | Jan 1957 | British |
| RIVIERE, Hester Alix Elinor | Director | 2025-05-30 | Nov 1974 | British |
| STORY, Benjamin Robert | Director | 2024-06-26 | Feb 1969 | British |
| THAKKAR, Jairaj Vijay | Director | 2022-06-01 | Dec 1971 | American |
| TOMLINSON, Heather Ann | Director | 2021-02-01 | Jun 1953 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASHTON, Dean | Director | 2016-04-27 | 2025-07-31 |
| BEAVER, Gurbinder | Director | 2017-11-27 | 2025-09-30 |
| CROSSMAN, Alexander James | Director | 2021-02-01 | 2024-12-31 |
| GUNN, Adrian Paul | Director | 2016-04-27 | 2024-12-31 |
| INGLISH, Susan Clare | Director | 2016-04-27 | 2024-04-27 |
| KING, Peter David Spencer | Director | 2017-07-25 | 2017-11-27 |
| LACEY, Bronwen Lynne | Director | 2016-11-30 | 2021-01-31 |
| LANCASHIRE, Steve Lyndon, Sir | Director | 2016-04-27 | 2019-07-09 |
| LOCK, Edward | Director | 2016-04-27 | 2017-03-24 |
| PAPWORTH, Mark Harry | Director | 2016-04-27 | 2025-09-30 |
| STEVENS, Anne Marie | Director | 2016-04-27 | 2022-06-01 |
| TIMOTHY, Nick | Director | 2016-04-29 | 2016-09-21 |
| WILKINS, Michelle Louise | Director | 2017-11-27 | 2017-11-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sir Steve Lyndon Lancashire | Individual | Voting 25–50% | 2022-07-01 | Ceased 2024-04-28 |
| Ms Anne Marie Stevens | Individual | Voting 25–50% | 2022-07-01 | Ceased 2024-04-28 |
| Mr John David Keith Ellison | Individual | Voting 25–50% | 2022-07-01 | Ceased 2024-04-28 |
| Sir Steve Lyndon Lancashire | Individual | Voting 25–50% | 2019-04-08 | Ceased 2022-01-13 |
| Mr John David Keith Ellison | Individual | Voting 25–50% | 2017-03-27 | Ceased 2022-01-13 |
| Professor Shirley Simon | Individual | Voting 25–50% | 2017-03-27 | Ceased 2022-01-13 |
| Mr Peter Christopher Little | Individual | Voting 25–50% | 2017-03-27 | Ceased 2019-04-08 |
Filing timeline
Last 20 of 91 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-03-13 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-21 | AA | accounts | Accounts with accounts type full | |
| 2025-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-17 | CH01 | officers | Change person director company with change date | |
| 2025-09-17 | CH01 | officers | Change person director company with change date | |
| 2025-09-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-01 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-13 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-30 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-07-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-26 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-08-31 vs 2024-08-31
-
Turnover
+8.8%
£48,666,158 £52,965,632
-
Cash
-2.3%
£8,227,685 £8,035,342
-
Net assets
+0.3%
£120,582,848 £120,965,843
-
Employees
+6.6%
926 987
-
Wages
+9.5%
£26,262,888 £28,767,520
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