THE LIPA MULTI ACADEMY TRUST

• ⚠

  Material uncertainty over going concern

  At a meeting of the Board of Trustees on 14 November 2025 it was resolved that from this date The Trustees do not consider The LIPA Multi Academy Trust to be a going concern.

• ◆

  10 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

• Turnover

  +33.8%

  £6,435,000 → £8,607,000

• Cash

  +4,800%

  £3,000 → £147,000

• Net assets

  -29.7%

  £12,566,000 → £8,837,000

  lowest in 3 filed years

• Employees

  +5%

  121 → 127

  highest in 3 filed years

• Wages

  +8.6%

  £3,756,000 → £4,078,000

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

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.

1. THE LIPA MULTI ACADEMY TRUST 2022-05-13 → present
2. THE LIPA SIXTH FORM COLLEGE 2013-12-24 → 2022-05-13

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Mitchell Charlesworth (Audit) Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“At a meeting of the Board of Trustees on 14 November 2025 it was resolved that from this date The Trustees do not consider The LIPA Multi Academy Trust to be a going concern.”

Group structure

1. THE LIPA MULTI ACADEMY TRUST · parent
   1. The LIPA Sixth Form College 1% · England and Wales · Education - Creative and Performing Arts
   2. The LIPA Primary and High School 1% · England and Wales · Education

Significant events

• “The Sixth Form was also rated inadequate following inspection in February 2025. This inspection took place during a strike by staff which impacted its findings.”
• “In March 2025 the trust was informed by the DfE that the offer of a ","3.995m Post 16 Capacity fund had been withdrawn. As a result the proposed expansion of the sixth form cannot now take place.”
• “In light of the School being rated inadequate following inspection in June 2025, an external Multi Academy Trust has been brought in to help with teaching and learning standards.”
• “Following the arrival of new Trust leaders towards the end of the financial year, a significant number of weaknesses were identified. The most significant concern in the running of the Trust is the historical and current financial position.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

10

last 12 months

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