ACES ACADEMIES TRUST
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Cash
£1.4M
Latest balance sheet
Net assets
£28M
lowest in 3 filed years
Employees
481
Average over period
Profit before tax
—
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
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Accounts not prepared on a going-concern basis
As such the Academy Trust is no longer considered to be a going concern and the financial statements have therefore been prepared on a basis other than the going concern basis. No adjustments to the amounts included in these financial statements were necessary.
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Going-concern uncertainty disclosed
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-08-31 | 2024-08-31 | 2025-08-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | £22,793,035 | £24,968,783 | £8,463,837 | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | |
| Net profit | — | -£1,682,320 | -£897,921 | -£658,015 | — | |
| Cash | — | £1,128,496 | £1,604,876 | £1,397,975 | — | |
| Total assets less current liabilities | — | £30,456,822 | £29,826,523 | £29,042,567 | — | |
| Net assets | — | £30,511,469 | £29,132,548 | £28,474,533 | — | |
| Equity | — | £30,511,469 | £29,132,548 | £28,474,533 | — | |
| Average employees | 488 | 478 | 479 | 481 | — | |
| Wages | — | £12,767,093 | £13,830,755 | £4,887,587 | — | |
| Directors' remuneration | — | £160,000 | £1,139,383 | £400,221 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 4 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-08-31 | 2024-08-31 | 2025-08-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Net margin | — | -7.4% | -3.6% | -7.8% | |
| Gearing (liabilities / total assets) | — | 6.7% | 7.4% | 7.6% | |
| Current ratio | — | 1.37x | 1.53x | 1.17x |
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.
Name history
Renamed 1 time since incorporation
- ACES ACADEMIES TRUST 2017-12-28 → present
- HINCHINGBROOKE SCHOOL 2011-08-08 → 2017-12-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“As such the Academy Trust is no longer considered to be a going concern and the financial statements have therefore been prepared on a basis other than the going concern basis. No adjustments to the amounts included in these financial statements were necessary.”
Group structure
- ACES ACADEMIES TRUST · parent
- HBK Leisure Limited 100%
Significant events
- “In 1st September 2024, Cromwell Academy opened a preschool on site with provision for ages 2-4.”
- “During the current academic year, we envisage opening an 8 place Enhanced Resource Base for high needs pupils at Spaldwick Primary School in partnership with the local authority.”
- “The merger completed on 1 January 2026 and the schools were transferred out of ACES Academies Trust to The CAM Academy Trust.”
- “Trustees agreed a time limited intervention in SEND across the Trust by agreeing to commit an additional £200K by 31 August 2025 to enhance the provision and training in this area at all schools.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 39 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAMERON, Valerie | Director | 2024-01-01 | Jun 1952 | British |
| GOULDING, Andrew Ernest | Director | 2012-09-01 | Apr 1959 | British |
| JOSHI, Raj | Director | 2020-09-02 | May 1960 | British |
| MESSAGE, Brian John | Director | 2018-01-01 | Aug 1965 | British |
| NICHOLSON, James Adam | Director | 2020-10-20 | Jan 1970 | British |
| RYAN, Rebecca Mary | Director | 2020-07-09 | Oct 1972 | British |
| WESTON, Gary James | Director | 2018-01-01 | Mar 1973 | British |
Show 39 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MORGAN, Sue | Secretary | 2011-08-08 | 2012-12-10 |
| MORGAN, Susan | Secretary | 2017-07-13 | 2017-12-31 |
| RIDDICK, David Ashton, Dr | Secretary | 2012-12-10 | 2017-07-13 |
| AGER, Michael Owen | Director | 2011-09-01 | 2016-10-12 |
| ASKEW, Paul James | Director | 2016-12-06 | 2017-12-31 |
| BARTIMUS, Marian Jane | Director | 2011-09-01 | 2017-07-13 |
| BENJAFIELD, Martine | Director | 2014-04-03 | 2016-07-22 |
| BROWN, John Edward | Director | 2011-09-01 | 2017-12-31 |
| BROWN, Ruth | Director | 2014-05-09 | 2016-02-26 |
| CHISHOLM, Meryl Elisabeth | Director | 2011-09-01 | 2017-12-31 |
| COLES, Mark Andrew | Director | 2016-12-05 | 2017-12-31 |
| CURTIS, Beverley John Frederick | Director | 2015-04-13 | 2020-12-31 |
| FENNEY, Paul Francis | Director | 2011-08-08 | 2020-12-31 |
| FIDLER, Steven | Director | 2016-11-25 | 2017-12-31 |
| FLUET, Clifford Gary | Director | 2018-01-01 | 2021-07-22 |
| GILDERSLEEVE, Robin Mcgowan | Director | 2018-01-01 | 2019-07-31 |
| HAVERSON, Gillian Frances | Director | 2011-09-01 | 2014-11-29 |
| HILTON, Loraine | Director | 2011-09-01 | 2014-03-05 |
| HOBLEY, Andrew David Ernest | Director | 2015-03-19 | 2017-12-31 |
| JOHAL, Harpit | Director | 2020-04-21 | 2020-12-31 |
| JOYNER, Martin Bernard | Director | 2011-09-01 | 2017-02-16 |
| LEWIS, Daniel James | Director | 2020-06-09 | 2023-06-30 |
| LINDFIELD, Lisa | Director | 2011-09-01 | 2013-10-04 |
| MATEMBA, Jefrey | Director | 2020-10-20 | 2023-06-30 |
| MCMILLAN, David Robertson | Director | 2011-09-01 | 2015-09-17 |
| MEDDLE, Christopher Donald | Director | 2020-09-01 | 2024-07-01 |
| PARKER, John | Director | 2011-09-01 | 2016-07-14 |
| PHILLIPS, Ian Richard | Director | 2020-02-03 | 2023-06-30 |
| RANKINE, Andrew Peter | Director | 2011-09-01 | 2017-12-31 |
| REDWOOD, Joanne | Director | 2014-05-09 | 2015-10-19 |
| RYDER, Matthew | Director | 2016-07-14 | 2017-12-31 |
| SHEFFIELD, Caroline Julia | Director | 2011-08-08 | 2016-07-14 |
| SICE, Lawrence Hugh | Director | 2011-08-08 | 2014-03-05 |
| SILCOCK, Fiona Karen Ann | Director | 2016-04-19 | 2017-07-13 |
| SIMPSON, Susan Marie | Director | 2011-09-01 | 2015-09-29 |
| TANDY, David Jon | Director | 2011-09-01 | 2014-02-01 |
| WHEELEY, Thomas Richard | Director | 2011-09-01 | 2015-02-13 |
| WHITE, Julia Geraldine | Director | 2015-01-20 | 2015-07-14 |
| WINTER, Jane Patricia | Director | 2011-09-01 | 2013-05-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Charles Walter Glanville | Individual | Voting 25–50% (as firm), Appoints directors, Appoints directors (as trust), Appoints directors (as firm) | 2018-01-01 | Ceased 2020-12-31 |
| Mr Brian John Message | Individual | Voting 25–50% (as firm), Appoints directors | 2018-01-01 | Ceased 2020-12-31 |
| Mr Andy Rankine | Individual | Voting 25–50% | 2017-07-13 | Ceased 2017-12-31 |
| Mr Beverley John Frederick Curtis | Individual | Voting 25–50% | 2017-02-22 | Ceased 2017-12-31 |
| Ms Karen Silcock | Individual | Voting 25–50% | 2017-02-22 | Ceased 2017-07-13 |
| Mrs Meryl Elisabeth Chisholm | Individual | Voting 25–50% | 2016-04-06 | Ceased 2017-12-31 |
| Mr Paul Fenney | Individual | Voting 25–50% | 2016-04-06 | Ceased 2017-02-22 |
| Mr Martin Bernard Joyner | Individual | Voting 25–50% | 2016-04-06 | Ceased 2017-02-22 |
Filing timeline
Last 20 of 142 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-19 | AA | accounts | Accounts with accounts type full | |
| 2026-06-17 | AA01 | accounts | Change account reference date company previous shortened | |
| 2026-03-20 | AA | accounts | Accounts with accounts type full | |
| 2025-07-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-19 | AA | accounts | Accounts with accounts type full | |
| 2024-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-22 | AA | accounts | Accounts with accounts type group | |
| 2023-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-03 | AA | accounts | Accounts with accounts type full | |
| 2022-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-25 | AA | accounts | Accounts with accounts type full | |
| 2021-08-25 | AP01 | officers | Appoint person director company with name date | |
| 2021-08-20 | AP01 | officers | Appoint person director company with name date | |
| 2021-08-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-20 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.