Initial teacher training (ITT): providers annual return guidance
Annual accounts and audit grant return form guidance for initial teacher training (ITT) providers.
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Overview
All initial teacher training (ITT) providers must submit independently-audited audit grant returns to the National College for Teaching and Leadership (NCTL). This is set out in the financial memorandum/grant funding agreement.
The guidance and form published are for reference purposes only.
Submission of annual returns
You’ll be sent, by email, your annual return form pre-populated with your funding details by the end of October 2017. Use this form to submit your completed audited annual return by 12 January 2018 to financial.monitoring@education.gov.uk
Please submit your completed audited annual return in both the following formats:
- Excel format, so that we can automatically upload the imported
- PDF format, so we can authenticate the signatures.
A responsible officer, known as the accounting officer, must be appointed. They should submit the completed and signed audit grant return to the auditors. For tracking purposes, you must record the date you send it to the auditors.
It is your responsibility to ensure the submission deadline is met. The final version must be signed by both your accounting officer and your auditor in line with the guidance.
Contacts
If your query relates to the funding figures
Email itt.funding@education.gov.uk for Audit Grant Return tab queries.
If your query relates to income and expenditure, balance sheet or auditor statement
Email financial.monitoring@education.gov.uk for accounts and auditor tab queries.
Last updated 10 November 2017 + show all updates
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Updated guidance for the academic year 2016 to 2017.
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The audit grant return guidance and form has been updated for the academic year 2015 to 2016.
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First published.