Greenwood Dale Foundation Trust says it has much to resolve as it continues to advise Derby's Al-Madinah School.
The Muslim free school has been labelled "in chaos" by education inspectors just weeks after it was placed in special measures for failing its pupils.
GDFT says it will continue to work with the school to ensure it has a sustainable future.
The GDFT has been working with the school since Lord Nash asked us to. As Chief Executive I have been very involved with this and I am advising my Trust Board that we continue with our school improvement work.
There is still much to do to resolve the issues raised by Ofsted and our priority is to make sure the school has a sustainable future. When that has been achieved I will be in a much better position to advise my Board further.
More top news
James Bond's favourite car brand, the Aston Martin, has launched its latest model at its Warwickshire factory - the DB11.
His defence argued: "He's been a dog lover all his life. He will go to his grave denying he threw his dog out the window."
The woman had passed out on the motorway while her baby sat in the back seat.