We're pleased to announce that Alan Patient & Co will be exhibiting at the London Excel School & Academy Show on the 27th of April. With the show now it it's 11th year, we are looking forward to being part of such a leading event where education leaders can come together to source … [Read more...]
CIF 2020 to 2021 additional successful projects
Every year, the Education and Skills Funding Agency (ESFA) open a bidding round under which academies and multi academy trusts and sixth form colleges can apply for capital funding. Last week we were informed The Department for Education (DfE) has published and made available additional funding … [Read more...]
ESFA Updated the Academy Financial Handbook
On the 23rd June 2020 the ESFA updated the Academy Financial Handbook and comes in to effect on 1 September 2020. Academy trusts must comply with this handbook as a condition of their funding agreement. It provides an overarching framework for implementation of effective financial management and … [Read more...]
Solving your internal Audit Issues for Schools and Academies
Alan Patient provide are here to provide you with a very specialised service within schools and Academies in how to 'Solving your Internal Audit issues' We are reaching out to you and would love to talk to you about the change in Ethical Standards requiring Academy Trusts to have separate … [Read more...]
Changes to the Academies budget forecast return three year (BFR3Y)
The BFR3Y will go live on 8 July 2020. Given the significant challenges currently facing the academy sector. Main Changes ESFA have made a number of changes to this data collection to minimise the burden on trusts. The main changes, for this year only, are: They have extended the … [Read more...]
BFRO will not be required this year
This is the time of year when stress levels rise even higher in many Academies as they are usually working on their BFRO (budget forecast return outturn) submissions for the ESFA. However, because of the Covid-19 crisis the BFRO will not be required this year. The Department for Education said … [Read more...]
Deadline Approaching for your Academy Trusts Audited Accounts
If you run an Academy trust your audited accounts need to go to the ESFA by 31 December 2019. These accounts are based on your financial statements from the period ending 31 August 2019. This article has some points to help you through the process of submitting your audited end of year accounts to … [Read more...]
What do the best Primary Schools do, to be so good?
The primary schools with the best results are Free Schools, which is an amazing achievement for Free schools in the KS1 sector. Here is a summary of what these schools have done, so you can consider how relevant their actions might be for your school. Hon Nick Gibb MP, The … [Read more...]
ABOUT THE ACADEMY ACCOUNTS RETURN
If you are running an Academy Trust your academies accounts return form goes live on 4 November 2019. As an Academy trusts, you need to complete this form if you have audited financial statements for any period to 31 August 2019. The audited return needs to be submitted, online, by 20 January … [Read more...]
How to make your Academy’s year end audit easier
If you run an Academy you need to start planning your year-end audit in September, even better in July or August. This financial audit will cover all income, expenditure, prepayments, accruals and depreciation – in fact anything that relates to the financial management of your Academy. What do … [Read more...]
