BETTER FUTURES MULTI-ACADEMY TRUST

• ◆

  3 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

Consolidated group

Auditor

Forvis Mazars LLP

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 in the foreseeable future. In coming to their decision, The Trustees have made use of a formal Going Concern Assessment prepared by the CFO. The Trustees have considered the basis of assumptions of income, expenditure and student number expectations which support the financial plan and strategy of the MAT.”

Significant events

• “The 2024/25 academic year has been one of consolidation and visible progress across the Trust. All three Colleges continue to hold strong Ofsted outcomes, with Gateway achieving "Good" in March 2025, Bilborough sustaining consistently high performance, and King Edward VI College showing clear recovery following targeted leadership restructuring and support.”
• “Student Leadership Programme, launching January 2026, extends participation to a broader cohort and deepens the culture of co-creation.”
• “Co-development of an Esports degree for launch in 2026”
• “During the period 1 September 2024 to date of approval of the accounts, the Board of Trustees received three resignations. Two new appointments were made, both of which have further strengthened collective skills and experience to deliver effective governance and carry out the strategic business of the Board.”
• “In June 2023 the High Court ruled in the case of Virgin Media Limited v NTL Pension Trustees. The ruling was that certain pension scheme rule amendments were invalid if they were not accompanied by the correct actuarial confirmation. This High Court ruling was appealed. In a judgement delivered on 25 July 2024, the Court of Appeal unanimously upheld the decision of the High Court. On 5 June 2025, the Government announced that it will introduce legislation to give affected pension schemes the ability to retrospectively obtain written actuarial confirmation that historic benefit changes mèt the necessary standards.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +19.3%

  £28,988,000 → £34,571,000

• Cash

  +35.2%

  £6,715,000 → £9,082,000

• Net assets

  +4.7%

  £56,144,000 → £58,777,000

• Employees

  +6.7%

  536 → 572

• Wages

  +14%

  £15,184,000 → £17,309,000

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