Our blog on the latest issues affecting the Academy schools sector
Academies to justify ‘excessive’ pay
February 12, 2019
The academies minister, Lord Agnew, has written to 28 academy trusts to ask for more details on the pay of executives who earn more than £150,000 – and those earning £100,000 if two or more people in a school earn a six-figure salary.
Public Accounts Committee Report into Academy Accounts and Performance
January 30, 2019
The Committee’s Report was commissioned as a result of several high-profile academy failures that have been costly to the taxpayer and damaging to children’s education in those schools.
Related parties – how close is close?
January 14, 2019
The related party rules repeatedly refer to "close family" but it is often not clear what is actually meant by "close". What scenarios are acceptable?
Related parties explained
January 7, 2019
With the related party rules due to change from 1 April 2019, we take a closer look at some of the confusing areas you should be aware of.
Long term absence of the Accounting Officer
November 22, 2018
As we are fast approaching the close of the academy audit season it is worth looking at the guidance available on the what steps to take in the event of a long term absence or sudden departure of the Accounting Officer, a key signatory on the statutory accounts.
Land and Buildings Collection Tool – submission by 5 November
October 16, 2018
Most trusts will have completed this form in the previous year and this data will be included in their 2018 return. The academy trust is required to confirm that this is still accurate and to note any changes during the 2017/18 academic year.
Update on Teachers’ Pension employer rate changes for 2019
September 26, 2018
I was writing this blog yesterday when it came to my attention that schools have received an email notifying them of an estimated employer contribution rate increase to 23.6% for the period from 1 September 2019 to 31 March 2023.
The Academies Financial Handbook 2018: a reminder
September 25, 2018
A reminder of the key changes and 'must do' requirements contained in the latest Academies Financial Handbook update, which came into effect on 1 September.
New efficiency and self-assessment tools
September 13, 2018
The DfE have released some useful new tools that could help academies to gauge their efficiency and ensure they are managing their resources effectively.