Our Mission
For years, schools in the UK have been battling to manage costs that increase far more quickly than income. The message is always the same: do more with less! Treasury Works exists to change that narrative. Every pound sitting in a trust bank account uninvested is a pound doing nothing for pupils. Treasury Works turns those reserves and monthly cashflows into real, secure income. We spread deposits across FSCS-protected banks, and the Trust remains in full control of its money at every step.
We estimate that in 2024/25 around £68 million of investment income went unearned by academy trusts. That income could have funded teaching staff, classroom IT and better school buildings. Our reserves management service gives your trust access to its share.
Treasury Works analysis of DfE Academy Accounts Return (AAR) 2024/25 data for trusts reporting no or low investment income, at indicative deposit rates. Figures are estimates.
● We provide an investment policy drafted in line with the Academy Trust Handbook 2026, an investment strategy and calendar, a personalised client dashboard, cashflow forecasting, risk management, deposit administration, board reports and audit evidence.
● You decide how to spend the extra funds.
Compliance built in
Paragraph 2.23 of the Academy Trust Handbook 2026 says the board of trustees may invest to further the trust's charitable aims, but must ensure investment and savings risks are properly managed. The board stays responsible. Treasury Works gives your board the policy, strategy, reporting and records it needs to show each requirement below is met.
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Have an investment policy to manage and track its financial exposure, and ensure value for money.
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Exercise care and skill in investment decisions, taking advice as appropriate from a professional adviser
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Ensure exposure to investment products is tightly controlled so security of funds takes precedence over revenue maximisation.
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Ensure investment decisions are in the trust’s best interests.
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Review the trust’s investments and investment policy regularly.
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Explore the feasibility of placing funds in high interest savings accounts.
Illustrative figures. £3,000 a month per £1m assumes a gross rate of 3.6% a year, before our 5% fee (£2,850 a month net). Bank Rate was 3.75% in October 2026 and deposit rates move with it.