SOUTH GLOUCESTERSHIRE AND STROUD ACADEMY TRUST

• ⚠

  Material uncertainty over going concern

  However, the intention is that when a suitable partner has been determined those schools will transfer over to that new partner, meaning that the legal company limited by guarantee will no longer be required. For this reason, these financial statements have been prepared on a "basis other than going concern".

• ◆

  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

• Turnover

  +5.6%

  £9,486,013 → £10,013,816

• Cash

  -9.3%

  £2,568,616 → £2,328,740

• Net assets

  -4.5%

  £23,588,928 → £22,535,222

  lowest in 4 filed years

• Employees

  +18%

  133 → 157

  highest in 4 filed years

• Profit before tax

  -1,113.8%

  -£77,090 → -£935,706

• Wages

  +18.4%

  £4,614,426 → £5,464,476

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Bishop Fleming Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“However, the intention is that when a suitable partner has been determined those schools will transfer over to that new partner, meaning that the legal company limited by guarantee will no longer be required. For this reason, these financial statements have been prepared on a "basis other than going concern".”

Significant events

• “Following completion, South Gloucestershire Council handed over control of the extension to the Trust on 2 September 2025.”
• “On 1 February 2025, following a recruitment campaign, the Interim CEO was appointed as full-time CEO. The CEO left the Trust on 31 May 2025.”
• “The Headteacher at Berkeley Green UTC stepped up to the role of Acting CEO on 3 March 2025, before becoming Acting Executive Headteacher on 1 April 2025.”
• “On 17 June 2025, the Trust received a letter from the Department of Education formally requesting that the Trustees consider that the current schools are moved to other trust/s through transfers and / or merger.”
• “The Trust Board have decided to explore the option for the schools in the Trust to join one or more other Trusts.”
• “During the academic year a significant change request should have been completed in respect of the Pupil Allocation Number (PAN) for SGS Pegasus School in accordance with the funding agreement. I can confirm that this was not completed in advance of pupil number increases, as such the Trust was in breach of the funding agreement.”
• “On 2 September 2025, South Gloucestershire Council donated an extension comprising 3 classrooms at SGS Pegasus School. The cost of the extension was £2.185m.”

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

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

5

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.