The controversial weekly boarding school set up by the Durand Academy Trust (DAT) at Stedham could be facing closure after the Education Funding Agency (EFA) announced it was terminating the group’s funding agreement.
DAT runs an infant and junior school in south London, as well as the boarding school for older pupils.
The EFA said it had serious concerns about the financial management and governance of the trust. In a letter to former executive head teacher Sir Greg Martin, who chairs the governors, EFA chief executive Peter Lauener said there had been ‘repeated and significant’ breaches of the terms of the funding agreement.
Academies Minister Lord Nash said: “This is not a decision we have taken lightly, but it has been done to safeguard the future education of Durand’s pupils and to ensure public money and public assets intended for the education of children are managed effectively.”
Sir Greg told The Times the EFA had waged a campaign against Durand for a number of years: “This organisation is attempting to damage the education of children at Durand. We will welcome the opportunity when it comes to provide the full facts relating to this notice, but at this time we make no further comment.”
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