The school resource management self-assessment checklist is now open for academy trusts to complete and return by Friday 14 March 2025.
All academy trusts with an open academy on Tuesday 31 December 2024 must submit a checklist.
The checklist covers 6 areas:
- governance
- trust strategy
- setting the annual budget
- staffing
- value for money
- protecting the public purse.
It helps governing bodies and trust boards:
- check they have appropriate financial management and governance arrangements
- check they are meeting the right standards to achieve a good level of financial health and resource management
- identify areas for change to make sure resources are used to support high-quality teaching and the best education outcomes for pupils.
The checklist helps trusts identify areas for potential improvement in their resource management. It also provides assurance to DfE that trusts have the right processes, systems and structures in place to help them achieve a good level of financial health and resource management.
The next step
If you require any advice with the above, please contact Allan Hickie on a.hickie@uhy-uk.com or your usual UHY academy adviser.
