STRIVE4 ACADEMY TRUST

Company limited by guarantee

Company Registration Number:
10863245 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

STRIVE4 ACADEMY TRUST

Contents of the Financial Statements

for the Period Ended 31 August 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

STRIVE4 ACADEMY TRUST

Directors' report period ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Principal activities of the company

Primary Education

Political and charitable donations

N/A

Additional information

Performance of the Multi Academy Trust



Directors

The directors shown below have held office during the whole of the period from
1 September 2022 to 31 August 2023

Amanda Lee Jennings
Paul Canal
Mary Christine Curtis
Steven Hogan
Montaz Begum
Alex MacNeill


The director shown below has held office during the period of
8 February 2023 to 31 August 2023

Thomas Peter Lloyd


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 December 2023

And signed on behalf of the board by:
Name: Alex MacNeill
Status: Director

STRIVE4 ACADEMY TRUST

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 26,047,489 25,853,478
Total fixed assets: 26,047,489 25,853,478
Current assets
Debtors: 4 143,154 155,442
Cash at bank and in hand: 4,434,125 3,933,835
Total current assets: 4,577,279 4,089,277
Creditors: amounts falling due within one year: 5 ( 781,422 ) ( 817,235 )
Net current assets (liabilities): 3,795,857 3,272,042
Total assets less current liabilities: 29,843,346 29,125,520
Creditors: amounts falling due after more than one year: 6 ( 29,065 ) ( 35,525 )
Provision for liabilities: ( 302,000 )
Total net assets (liabilities): 29,814,281 28,787,995
Members' funds
Profit and loss account: 29,814,281 28,787,995
Total members' funds: 29,814,281 28,787,995

The notes form part of these financial statements

STRIVE4 ACADEMY TRUST

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 20 December 2023
and signed on behalf of the board by:

Name: Alex MacNeill
Status: Director

The notes form part of these financial statements

STRIVE4 ACADEMY TRUST

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    Accounting policies for the multi-academy trust.

STRIVE4 ACADEMY TRUST

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 129 123

STRIVE4 ACADEMY TRUST

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 26,442,509 48,182 16,014 85,502 26,592,207
Additions 282,464 59,799 78,263 420,526
Disposals
Revaluations
Transfers
At 31 August 2023 26,724,973 48,182 75,813 163,765 27,012,733
Depreciation
At 1 September 2022 627,069 48,182 8,002 55,476 738,729
Charge for year 167,006 11,372 48,137 226,515
On disposals
Other adjustments
At 31 August 2023 794,075 48,182 19,374 103,613 965,244
Net book value
At 31 August 2023 25,930,898 0 56,439 60,152 26,047,489
At 31 August 2022 25,815,440 0 8,012 30,026 25,853,478

STRIVE4 ACADEMY TRUST

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Debtors

2023 2022
£ £
Trade debtors 25,997 400
Prepayments and accrued income 88,437 135,454
Other debtors 28,720 19,588
Total 143,154 155,442

STRIVE4 ACADEMY TRUST

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 211,020 113,439
Taxation and social security 146 69,854
Accruals and deferred income 129,629 301,076
Other creditors 440,627 332,866
Total 781,422 817,235

STRIVE4 ACADEMY TRUST

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 29,065 35,525
Total 29,065 35,525