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
A Catholic school has been accused of breaching anti-discrimination laws after claims a Muslim pupil was told she could not wear a headscarf
Nirmal Tanna was jailed alongside two others for their part in an arrangement to launder more than half a million pounds.
Residents will be asked for their views on abolishing all eight councils in Lincolnshire and adopting a unitary system of governance.