Date posted: 1st Feb 2022
The 10th annual Kreston Academies Benchmark Report published today has revealed that the average in-year financial surplus for a multi-academy trust (MAT) doubled to more than £460k in…
Date posted: 23rd Jul 2021
The Academies Trust Handbook (formerly the Academies Financial Handbook) was released in June 2021. The renaming of the handbook reflects the gradual widening of the scope of the…
Date posted: 20th Apr 2021
On the 31 March, the Education and Skills Funding Agency (ESFA) released the Academies Accounts Direction (AAD) 2020 to 2021. Academies Accounts Direction 2020 to 2021 The…
Date posted: 28th Jan 2021
A report into the funding of academies in England has revealed how the pandemic has affected the finances of academy trusts and what the future for the sector…
Date posted: 13th Jun 2020
Chris Beaumont, Partner and Kevin Shotton, Partner from Clive Owen LLP provided an update on: The sector The Academies Accounts Direction (AAD) The Academies Financial Handbook (AFH) Internal…
Date posted: 30th Jan 2020
A report into the funding of academies in England has revealed that trusts in the North East and the Yorkshire and the Humber regions receive the lowest…
Date posted: 5th Apr 2019
A ruling by The Supreme Court will now see the application of VAT education exemption based on public policy and not on the previously narrow definition applied by…
Date posted: 31st Jan 2019
The eighth Kreston Academies Benchmark report, the largest independent survey of the financial health of the academy sector, has revealed that academy trusts continue to show deficit, with…
Date posted: 14th Feb 2018
Eight out of ten academies are running at a deficit as they battle to hold on to their dwindling resources, according to an influential report co-authored by…
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