Posted on February 27, 2015 by Stephen Dolman in Finance.
We end February with items from the EFA Planner and a couple of announcements made by the EFA shortly before the half term break – just in case you missed them.
The EFA are also expected to announce funding for 2015-16 to individual academies over the next few weeks through the EFA Information Exchange.
From EFA Business Planner
No actions for Academies.
- Pays year 7 (Y7) catch-up premium for 2014 to 2015
- Publishes 2015 to 2016 budget forecast return online form
- Confirms outcome of 2014 to 2015 pupil number adjustment exercise to academies and free schools on estimated pupil number
The Department for Education has launched a new academies financial benchmarking website. It contains the 2012 to 2013 financial data from the accounts returns of single academy trusts and multi-academy trusts with only one school. The website enables academies to benchmark their income and expenditure against other academies with similar characteristics. This gives academies the opportunity to identify areas for efficiencies and savings. To view benchmarking data, you will need the LA number and the academy’s LA establishment number, which you can find on Edubase.
See – http://www.education.gov.uk/afb/login.aspx
Capital Funding Allocations
The Department for Education has announced £6 billion capital funding, covering the second phase of the Priority School Building Programme, and school condition allocations and devolved formula capital (DFC) allocations for 2015 to 2018.
See – https://www.gov.uk/government/publications/capital-allocations
The Department for Education is offering phonics partnership grants to primary schools that excel in phonics teaching to establish a network and share their success with other schools.
Details at https://online.contractsfinder.businesslink.gov.uk/Common/View%20Notice.aspx?site=1000&lang=en¬iceid=1737001&fs=tru
The deadline for expressions of interest is 6 March 2015.
Posted on February 25, 2015 by Stephen Dolman in Finance.
Start planning now for pensions auto enrolment All employers should start planning now for new workplace pension duties as they roll out to medium and small businesses over the coming months. This legislation also includes School and Academies. The reforms are considered the biggest change to saving for retirement for over a century. The first […]
Posted on February 23, 2015 by Stephen Dolman in Finance.
The blog this week focuses on changes to National Insurance in 2016 – while this is some time off, these changes will impact upon all schools significantly. The Department for Work and Pensions has published guidance for both employers and employees on the ending of contracting-out of the additional State Pension. This guidance explains the […]
Posted on February 12, 2015 by Stephen Dolman in Finance.
May the 8th is the day after the next election, when we will know in general terms how education will be funded for the next 5 years. Have you updated your SWOT & PEST to take account of a range of different futures? Cautious – Balanced – Optimistic Financial Plans Last week saw political parties […]
Posted on February 11, 2015 by Richard Page in SBS Online.
During January, we have achieved several improvements to the software. Improvement 1 – NI effective dates. Hot on the heels of the salary scale effective dates is a similar roll-out for National Insurance. You can now apply as many different NI tables to your budget as you need. In Budgets > Settings scroll down to […]
Posted on February 2, 2015 by Stephen Dolman in Finance.
In recent blogs we have reminded you about deadlines for the submission of Audited Accounts, Value for Money Statements and the Annual Accounts Return. On the 20 January the EFA’s own accounts to 31 March 2014 were placed in the public domain. In this blog we look at that this tells us about Academy Trusts. […]