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Promoting the success of the company – Section 172 Statement
The Trustees fulfil their duty to promote the success of the Charitable Company, under Section 172 of the Companies Act 2006 (the Act) and consider the interests of the trust when making decisions. The trust’s charitable objectives are summarised as:
> To advance for the public benefit education in the United Kingdom.
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> To promote for the benefit of the inhabitants of the areas in which the Academies are located.
> To provide, in the areas in which the Academies are located, childcare facilities and adult training.
> To promote the physical, intellectual and social development of primarily but not exclusively children under five.
These are the aims of the trust. To be successful the trust has to engage with stakeholders including employees and suppliers in line with the above.
The trust has a positive impact on the communities around each school by way of meeting its charitable objectives in providing quality education and the use of its facilities.
