Blogs & Updates
Consistent Financial Reporting framework update 2020/21
September 07 2020
Following our previous updates about the CFR framework we have provided the latest information for 2020/2021.
This year will involve a large period of adjustment for us all, not just financially bu...
2019/20 Financial Statements Deadline Extension
August 27 2020
Due to the challenges that Covid-19 has presented, the ESFA have been constantly monitoring their demands of academy trusts, especially when it comes to the submission of their financial statements.
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Covid-19 Catch-up Premium
August 20 2020
School children across the country have experienced unparalleled disruption to their education as a result of COVID-19. The combined impact of lost time in education will be extensive, and it is imp...
The Latest ESFA Update
August 10 2020
The recent ESFA update has provided plenty of information concerning the 2020/21 academic year.
In light of the COVID-19 pandemic, there have been many an update concerning deadline and funding cha...
Letter to Accounting Officers
August 03 2020
The ESFA have released their letter to accounting officers in academy trusts. This is the first letter distributed since April and a lot has happened in that time. Schools have faced immense challen...
PE and Sport Premium for schools confirmed
July 20 2020
It has been announced by the Education Secretary in the last week that schools in England will benefit from £320 million from the PE and Sport Premium during the 2020/21 academic year.
This premium...
Academies Financial Handbook 2020 Released
July 09 2020
The ESFA have released their latest version of the Academies Financial Handbook which comes into effect from 1st September 2020.
As a condition of their funding agreement, Academy trusts must comp...
SBS School Finance Forum - Next Date!
July 01 2020
We have a NEW DATE this month for our next School Finance Forum. Our forum is free to attend and will provide information for Headteachers, School Business Managers and Finance Staff of Primary, Spe...
An update on the Internal Audit
June 23 2020
Did you know that Internal Audits can be done remotely?
As an Academy or Trust, you are considered an independent institution and are therefore responsible for the results you accomplish and how pu...
Updated Academies Chart of Accounts
June 12 2020
An updated chart of accounts has been released for Academies by the Department for Education for use in the academic year 2020/21. This includes a small amount of changes to the previous set release...
Finance