26 January 2022Press Releases
The 10th annual Kreston Academies Benchmark Report published today has revealed that the average in-year financial surplus for a multi-academy trust (MAT) doubled to more than £460k in 2021 up from £221k in 2020.
The survey of 360 Trusts, representing nearly 1500 schools, is conducted by the UK Academies Group of Kreston Global - the global network of independent accountancy firms.
The benchmark report aims to provide insight into the sector and the issues faced by different academies and MATs. There’s interesting content for everyone, whether you are a Governor, Head Teacher or School Business Manager.
We provide a range of specialist services, advice and support for established academies, MATs and those schools looking at converting to academy status. We are committed to the sector and look forward to continuing our involvement in it during 2022 and beyond.
To download a free copy of the report please click here.
We are running a webinar on 24th February 2022, at which we will cover the key findings within this report and how Multi-Academy Trust finances are shaping up. If you would like to register for this webinar, please click here.