The charities watchdog has withdrawn a team of caretaker managers from a private school.
The Charity Commission had intervened following complaints about management and administration at Grangewood Educational Association, which runs Grangewood Independent School in Forest Gate, in May.
The regulator confirmed on Tuesday that measures put in place in April were no longer needed after governance changes at the Chester Road primary.
Three new trustees have replaced the sole former trustee and the new board now has full control of Grangewood, set up to promote a Christian education.
Parents were told in March that the school faced closure after running out of money, but they later discovered there was still £1million in the bank. The commission froze its accounts.
Parents also staged a sit in at the school.
The new trustees pledged to cooperate with the ongoing investigation. The commission said a report would be published in due course.
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