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Elm C of E Primary School

DEMAT Governance and Key Documents

DEMAT is a charitable company limited by guarantee.  We are regulated by the Department for Education, OFSTED, HMI and others, and our charitable objects are set out in our Articles of Association.  For further information on how DEMAT is funded by the Education and Skills Funding Agency please refer to our Master Funding Agreements: MFA 2019, MFA 2015, MFA 2014 and MFA 2013.  Each academy has its own Supplemental Funding Agreement.

The purpose of governance is to provide confident, strategic leadership and to create robust accountability, oversight and assurance for educational and financial performance.

Local Governing Body Terms of reference August 2020

The Trust Board

DEMAT comprises of Members and Directors/Trustees in line with the Academies Financial Handbook.

The structure of DEMAT is made up of the following:

  • Members (Five)
  • The Trust Board (Twelve Directors)

Committees of the Trust Board include:

  • Finance and Estates
  • Personnel
  • Standards and Ethos
  • Audit
  • Remuneration

More information can be found in the link below:

Demat trust board

DEMAT Scheme of Delegation

The Scheme of Delegation sets out the lines of responsibility and accountability in the Trust so that roles and responsibilities in the governance and executive structures are clear at a Trust and Local level.

The quality and effectiveness of our governance is pivotal in ensuring that we are successful in delivering our Mission as well as achieving our Vision.

Scheme of Delegation (decision making) August 2020


DEMAT Articles of Association

DEMAT articles of association

Academies Financial Handbook

A copy of the latest Academies Financial Handbook may be accessed below:

Academy Trust Handbook 2021


Elm Supplemental Funding Agreement 

Elm Supplemental Funding Agreement

 For all other whole Trust Governance information please visit


For all DEMAT financial information and accounts please see https://demat.org.uk/finance/