Guidance

Academies budget forecast return

Information to help academy trusts submit their budget forecast returns to the Education and Skills Funding Agency.

Accessing the online form

When registered and set up, use this link for the BFRO form.

Please note, you can only assign one role per person to work on the BFRO. If the approver also prepares the return, they don’t need to be assigned separately as a preparer.

The online form uses the IDAMS registration service and trusts must be registered and set up to use the service before they can access the form.

Read this guide on how to register and set up the online forms for the BFRO.

Academies budget forecast return outturn (BFRO) 2018

The deadline for academy trusts to submit their 2018 BFRO is Monday 21 May 2018.

The BFRO collects financial outturn information as at the end of March 2018. ESFA uses the information provided to ensure that the academy sector can accurately report its financial data to HM Treasury.

We’ve published:

We’ve also published:

The Excel (or ODS) workbook is for reference purposes only to help you prepare and may not be used for submitting the BFRO.

New and established trusts that opened new academies in April 2018

To reduce the number of returns trusts have to submit, new trusts and established trusts that opened new academies in April 2018 do not need to submit separate in-year budget forecast return for new openers. Instead, trusts should include financial outturn information for their new academies in their BFRO by 21 May. We’ll write to these trusts separately with further information.

Weekly Skype calls

Throughout April and May, we’re hosting weekly dial-ins every Wednesday from 1pm to 2pm to help trusts complete their BFRO return. If you have any queries and you want to speak to the team, please join the Skype calls.

If you use Skype, you can access the meeting via this link: Join Skype Meeting

If you don’t use Skype, you can dial 0203 321 5238 and, when prompted, enter the meeting code 7596 8164.

Academies budget forecast return (BFR) 2018

The deadline for academy trusts to submit their BFR 2018 is Monday 30 July 2018, this form will go live in June 2018 and we will update the page nearer the go-live date.

Queries

If you have any questions about the BFRO or BFR, please contact us using our online enquiry form below. Please put ‘BFRO’ or ‘BFR’ at the top of your enquiry so we can quickly direct your question to the relevant team.

ESFA enquiries

For all enquiries for the Education and Skills Funding Agency

Published 28 February 2018
Last updated 18 April 2018 + show all updates
  1. Updated to include information about weekly BFRO Skype dial-ins for trusts that take place each Wednesday between 1pm and 2pm throughout April and May.
  2. Updated with the link and guide to completing the online form for the academies budget forecast return outturn, which academy trusts submit by Monday 21 May 2018.
  3. We have updated the academies budget forecast return outturn 2018 workbook templates.
  4. First published.