Finance dossier

Leeds Mathematics School

Both the trust and the school itself ran modest surpluses in 2024/25 — a rarer, cleaner story than its sister MAT-member school in Cambridge.

Open since 2023 Academy trust — company limited by guarantee, exempt charity. Leeds Maths School is not a separate legal entity; it's one academy within this MAT, consolidated into the trust's group accounts. Company 07465701
£97.2m
Income, 2024/25
£95.5m
Expenditure, 2024/25

These headline figures are for the whole trust the school belongs to, not the school alone — see below.

Who files the accounts

Leeds Maths School is one academy inside The GORSE Academies Trust, a large Leeds-based multi-academy trust that files one consolidated set of accounts for all 15 of its schools — the maths school has no accounts of its own.

Legal entity
The GORSE Academies Trust
Company number
Incorporated
9 December 2010
Structure
Academy trust — company limited by guarantee, exempt charity. Leeds Maths School is not a separate legal entity; it's one academy within this MAT, consolidated into the trust's group accounts.
Accounts filed by
The GORSE Academies Trust — company 07465701
Registered office
Bruntcliffe Academy, Bruntcliffe Lane, Morley, Leeds LS27 0LZ
Notes
The GORSE Academies Trust runs 15 academies. Latest full accounts: year ended 31 August 2025, filed 9 January 2026.

The accounts, year by year

The most recent filed accounts (2024/25, year ended 31 August 2025) show a net result of +£1.77m.

2023/242024/25
Total income£87.0m£97.2m
Total expenditure£86.5m£95.5m
Net result for the year+£468k+£1.77m

Figures are for the whole multi-academy trust the school belongs to — the trust files one consolidated set of accounts; the school does not publish stand-alone accounts. School-level figures, where available, appear below.

Income trend

£87.0m£97.2m 2023/24 → 2024/25 (trust-wide)

School-level figures

The Department for Education's Financial Benchmarking and Insights Tool publishes school-level figures even where the trust's accounts consolidate:

YearSchool-level figures (FBIT)
2024/25Total income £1,819,788; total expenditure £1,767,512 (staff costs ≈£1,305,817); in-year balance +£54,907; revenue reserve £84,487; 168 pupils on roll (January 2025 census — 99 in Year 12, 69 in Year 13, matching Ofsted's February 2025 report). Teaching & teaching-support staff cost £6,880 per pupil.
2023/24Total income £1,145,078; total expenditure £1,158,980; in-year balance −£14,033; revenue reserve £25,174; total staff costs ≈£787,717; 69 pupils on roll — the school's opening year.

Figures include a per-pupil share of The GORSE Academies Trust's MAT central costs, per FBIT's own methodology. Pulled from FBIT's data API (income/expenditure/balance/census), not the static summary page. School-level FBIT data begins at 2023/24, with no earlier rows — consistent with 2023 being the school's opening year.

ESFA 16–19 allocation
£1.58m for 2024/25 (169 funded students) — source

Notable items in the accounts

Sources

  1. 1.DfE Financial Benchmarking and Insights Tool — Leeds Maths School — financial-benchmarking-and-insights-tool.education.gov.uk/school/149755/history (URN 149755)
  2. 2.DfE Financial Benchmarking and Insights Tool — The GORSE Academies Trust — financial-benchmarking-and-insights-tool.education.gov.uk/trust/07465701/history
  3. 3.The GORSE Academies Trust — Companies House filing history — find-and-update.company-information.service.gov.uk/company/07465701/filing-history
  4. 4.Ofsted inspection report — Leeds Mathematics School — reports.ofsted.gov.uk/provider/46/149755 (cross-check for pupil numbers)
  5. 5.DfE 16–19 allocation data 2024/25 — www.gov.uk/government/publications/16-to-19-allocation-data-2024-to-2025 (row for 'Leeds Mathematics School', UKPRN 10093053)

What we could not verify: Trust-level total funds carried forward (net assets) wasn't extracted for either year — The GORSE Academies Trust's statutory accounts for both years ended 31 August 2024 and 2025 are scanned image PDFs with no text layer. Only the narrower 'revenue reserve' figure (2024/25) is shown.; FBIT's reported 2023/24 school-level in-year balance (−£14,033) doesn't exactly equal income minus expenditure as shown (−£13,902) — a small gap in DfE's own published figures, likely a capital/other adjustment not broken out at this level, reported as published rather than reconciled.; Auditor name not identified (same scanned-PDF limitation).; No specific narrative mention of Leeds Maths School was found in the trust's annual report this pass..

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