Collection

Academies: compliance, funding and payments

Information to help open academies and academy trusts comply with their funding agreement and understand their funding and payments.

• From: Education and Skills Funding Agency
• Published: 11 March 2014
• Last updated: 19 February 2020, see all updates

General information

Information to help academies and academy trusts with business-cycle planning.

• Academies planning calendar
  • 23 February 2021
  • Guidance

Academies financial management and governance

Information to help academies understand and comply with their financial management and governance requirements.

• Academies Financial Handbook
  • 1 September 2020
• Academy trust financial management good practice guides
  • 12 January 2021
  • Guidance
• Setting executive salaries: guidance for academy trusts
  • 9 July 2019
  • Guidance
• Related party transactions: information for academy trusts
  • 26 September 2019
  • Guidance
• View my financial insights
  • 6 April 2021
  • Guidance
• Understanding your data: a guide for school governors and academy trustees
  • 30 September 2019
  • Guidance
• Academies finance and assurance steering group terms of reference
  • 2 September 2020
  • Transparency data
• Academy trusts: themes arising from ESFA's assurance work
  • 15 September 2020
  • Guidance
• ESFA investigation publishing policy
  • 23 September 2020
  • Corporate report

Academies financial returns

• Academies Accounts Direction
  • 31 March 2021
  • Guidance
• Academies accounts return
  • 17 November 2020
  • Guidance
• Academies budget forecast returns
  • 19 February 2021
  • Guidance
• Academies land and buildings collection tool
  • 29 January 2021
  • Guidance
• School resource management self-assessment tool
  • 23 February 2021
  • Guidance
• Academies chart of accounts and automating the accounts return
  • 27 January 2021
  • Guidance
• Academies financial returns
  • 23 February 2021
  • Guidance

Support for academy trusts

• Financial support for academy trusts in financial difficulty
  • 5 November 2019
  • Guidance
• Academy trust guide to reducing fraud
  • 23 March 2018
  • Guidance

Academies funding and payments

Information to help academies how much funding they will receive and when payments are made.

• Academies revenue funding allocations
  • 1 April 2021
  • Guidance
• Revenue funding: payments to academies
  • 9 November 2020
  • Guidance
• Academy national non-domestic rates (NNDR) claims
  • 1 April 2021
  • Guidance

Academies compliance

Information to help academies comply with other aspects of their funding agreements. Reports, letters and notices to improve are in a separate collection.

• Academy admissions
  • 23 September 2020
  • Guidance
• Setting up an academies complaints procedure
  • 12 March 2021
  • Guidance
• Academies: making significant changes or closure by agreement
  • 16 February 2021
  • Guidance

New academies information

This section contains information for new academies to help them understand the role of Education Funding Agency and what is expected from academies.

• Academies land and buildings valuation
  • 23 February 2021
  • Guidance
• Academies financial management and governance self-assessment
  • 1 September 2020
  • Guidance

Academies capital funding

Information about capital funding including the Condition Improvement Fund (CIF).

• Capital funding for multi-academy trusts (MATs)
  • 13 March 2019
  • Guidance
• Condition Improvement Fund
  • 12 November 2020
  • Guidance

Published 11 March 2014
Last updated 19 February 2020 + show all updates

1. 19 February 2020

   Updated to add a link to the new "view my financial insights" service for academy trusts.

2. 5 November 2019

   Updated to add more content.

3. 22 March 2019

   Added four documents to the collection: Academy trusts: themes arising from ESFA's assurance work; Academy trust financial management good practice guides; Academy trusts: information for new trusts; Related party transactions: information for academy trusts

4. 20 June 2014

   Added additional funding and compliance items.

5. 8 April 2014

   Added academies risk protection arrangement to the collection.

6. 11 March 2014

   First published.