Auditors raised a series of concerns about the accounts of a Sikh free school that was later put into special measures, TES can reveal.
The 2013-14 and 2014-15, accounts for the Sevak Education Trust, which sponsors the Seva School in Coventry, were given a qualified opinion, with the auditors saying that the trust had “failed to maintain adequate accounting records”.
The school, which opened in 2014, was put into special measures last year, after Ofsted rated the effectiveness of leadership and management as “inadequate”.
In the 2013-14 accounts, the auditors said that their scope was limited in four respects: the completeness of expenditure; the completeness of income regarding activities for generating funds; the completeness of some disclosures; and the existence of any unrecorded assets or liabilities.
They added: “We conclude that the possible effects on the financial statements of undetected misstatements, if any, could be material but not pervasive”.
The following year, they said that their scope was limited by the opening balances, and “the completeness of income regarding activities for generating funds”.
In September 2016, the Coventry Telegraph reported that the school was being investigated by the Department for Education.
TES understands this was provoked by the Ofsted inspection, and that the DfE is currently working with the trust to improve academic and financial standards.
The school did not formally reply to a request for comment, although a member of staff stressed that the latest accounts, for 2015-16, were unqualified.