The Rainbow Multi Academy Trust

UID 5013·Companies House 08909269·Incorporated February 2014·Compare

Schools

Flags

7 high severity

Finance: 2024/25Ofsted: Feb 2024Performance: 2025/26Workforce: 2025/26Attendance: 2025/26

Total income

£15.8m

2,336 pupils

Avg staff costs

75.8%

of income

Avg reserves

3.9%

of income

Avg absence

5.1%

Persistent: 12.6%

More metrics

Avg FSM

23.9%

free school meals

Capacity

91%

2,336 / 2,559 places

Trust overview

4 of 13 schools have staff costs above the DfE's 78% review threshold — review against school context.

6 schools are operating in deficit — this may reflect planned investment or require financial planning.

4 of 13 schools had expenditure exceeding income this year.

Overall absence is above the national average in 23% of schools (3 of 13).

1 school has persistent absence above 20%.

92% of inspected schools are rated Good or Outstanding across sub-judgements.

Reference points from DfE published guidance. Whether any metric warrants action depends on the trust's context and strategy.

At a glance

5 schools with workforce pressure4 schools in deficit4 schools with staff costs above 78%1 school with declining results1 school with Ofsted concerns1 school with absence above 8%

Ofsted sub-judgements

Quality of education

86% Good+

Good 6RI 1

Behaviour & attitudes

86% Good+

Outst. 1Good 5RI 1

Personal development

86% Good+

Outst. 1Good 5RI 1

Leadership & management

92% Good+

Good 12Inad. 1

Performance (trust avg)

Key Stage 2

Expected standard (RWM)

63.4%

+2.4pp

vs national

National averages: 2023/24

Trust details

AddressUnit 2 Marlin House Agar Way, Redruth, TR15 3SF

Companies House08909269

Incorporated24 February 2014

Trust growth over time

matpulse.co.uk

Schools Pupils

Year	Schools	Pupils	Total income	Total expenditure	Avg staff costs %	Avg reserves %
2021/22	13	2,481	£14.5m	£13.7m	74.3%	6.6%
2022/23	13	2,442	£14.6m	£13.8m	72.2%	5.9%
2023/24	13	2,336	£15.8m	£15.6m	75.8%	3.9%
2024/25partial	13	2,252	—	—	—	—

Central services — 2023/24

Centralisation

8.4%

of total trust spend

Typical MAT centralisation ranges from 3-7% of total trust spend. Figures below 2% may indicate limited central coordination; above 10% warrants review of value for money.

CS expenditure

£1,436,000

CS staff costs

£960,000

CS income

£303,000

Admin & clerical£366,000

Teaching staff£491,000

ICT£0

Premises£80,000

Legal & professional£189,000

Auditor costs£26,000

Governance

Accounts to Aug 2025Source: Companies House

9 current directors · Average tenure: 4.9 years · 4 changes in last 12 months

Directors / Trustees (9)

Bryan Dr Mills

director·< 1 year

Lamorna Lacey

director·< 1 year

Adrian Lee Massey

director·1 year

Judith Mary Smitham

director·1 year

Craig Martin

director·2 years

Robert Richard Adams

director·6 years

Patrick Joseph Dr Mcgovern

director·9 years

Robert Webber

director·10 years

Linda Seymour

director·11 years

20 former officers — most recent departure: Nov 2025

Kerry Faye Raymond

director·1 year·Resigned Sept 2025

Ryan Brokenshire

director·4 years·Resigned Apr 2024

Rebecca Couch

secretary·9 years·Resigned Jan 2018

Dominic Rev Whitting

director·10 years·Resigned Mar 2016

Michael John Revd Firbank

director·12 years·Resigned May 2014

Linda Theresa Stephens

Member schools (13)

13 schools|10 with risk flags|7 high severity

School	URN	Phase	Risk flags
Bishop Bronescombe CofE School	140465	Primary	workforce pressure
Grampound Road Village CofE School	140466	Primary	performance decline
Grampound-With-Creed CofE Primary School	149532	Primary	ofsted concernhigh staff costsin year deficitworkforce pressure
Ladock C of E School	140468	Primary	—
Penponds School	140741	Primary	workforce pressure
St Issey Church of England Primary School	146051	Primary	workforce pressure
St Ives Infant School	137468	Primary	high staff costs
St Meriadoc CofE Infant Academy	140782	Primary	high absence
St Meriadoc CofE Junior Academy	140781	Primary	high staff costsin year deficitworkforce pressure
St Michael's Church of England Primary School	140027	Primary	—
Trevithick Learning Academy	136598	Primary	high staff costsin year deficit
Troon Community Primary School	140790	Primary	—
Veryan CofE School	140469	Primary	in year deficit