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.

Published 11 March 2014
Last updated 19 February 2020 — see all updates

• From: Education and Skills Funding Agency

General information

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

1. Academies planning calendar
   • 1 August 2019
   • Guidance

Academies financial management and governance

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

1. Academies Financial Handbook
   • 2 September 2019
2. Academy trust financial management good practice guides
   • 12 September 2019
   • Guidance
3. Setting executive salaries: guidance for academy trusts
   • 9 July 2019
   • Guidance
4. Related party transactions: information for academy trusts
   • 26 September 2019
   • Guidance
5. Academy trusts: view my financial insights
   • 19 February 2020
   • Guidance
6. Understanding your data: a guide for school governors and academy trustees
   • 30 September 2019
   • Guidance
7. Academies severance payments
   • 17 March 2017
   • Guidance
8. Academies finance and assurance steering group terms of reference
   • 18 September 2019
   • Transparency data
9. Academy trusts: themes arising from ESFA's assurance work
   • 3 March 2020
   • Guidance
10. ESFA investigation publishing policy
    • 5 November 2019
    • Corporate report

Academies financial returns

1. Academies Accounts Direction
   • 15 October 2019
   • Guidance
2. Academies accounts return
   • 4 November 2019
   • Guidance
3. Academies budget forecast returns
   • 9 March 2020
   • Guidance
4. Academies land and buildings collection tool
   • 5 November 2019
   • Guidance
5. School resource management self-assessment tool
   • 27 January 2020
   • Guidance
6. Academies chart of accounts
   • 14 May 2019
   • Guidance
7. Academies financial returns
   • 19 February 2020
   • Guidance

Support for academy trusts

1. Financial support for academy trusts in financial difficulty
   • 5 November 2019
   • Guidance
2. 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.

1. Academies revenue funding allocations
   • 12 February 2020
   • Guidance
2. Revenue funding: payments to academies
   • 4 September 2018
   • Guidance
3. Academy national non-domestic rates (NNDR) claims
   • 27 February 2020
   • 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.

1. Academy trusts: provide or update governance contact information
   • 27 June 2019
   • Guidance
2. Academy admissions
   • 19 September 2019
   • Guidance
3. Setting up an academies complaints procedure
   • 27 January 2015
   • Guidance
4. Academies: making significant changes or closure by agreement
   • 5 November 2019
   • Guidance
5. Enhanced DBS disclosure checks for chairs of academy trusts
   • 30 April 2019
   • 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.

1. Academies: information for new academies
   • 3 March 2020
   • Guidance
2. Academies land and buildings valuation
   • 27 November 2018
   • Guidance
3. Academy trusts: information for new trusts
   • 2 January 2020
   • Guidance
4. Academies financial management and governance self-assessment
   • 2 September 2019
   • Guidance

Academies capital funding

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

1. Capital funding for multi-academy trusts (MATs)
   • 13 March 2019
   • Guidance
2. Condition Improvement Fund
   • 17 December 2019
   • Guidance
3. Academy property transactions
   • 11 March 2014
   • 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.