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ESFA has published details of the academies accounts return (AR) 2022/23. It is expected that the 2022/23 AR will go live Tuesday 12th September 2023 with a submission deadline of Tuesday 30th January 2024.
Academies Accounts Return
Trusts automating their AR can find further details here.
Did you know that the Procurement Act 2023 is set to come into force on 24th February 2025. The new Act means changes to procurement regulations and practices.Schools and Academy Trusts undertaking above-threshold procurements are contracting authorities therefore, the Procurement Act will apply. The provisions related to below-threshold contracts within the Procurement Act 2023 do not apply to schools.
Letter from David Withey, Chief Executive of the Education and Skills Funding Agency, to accounting officers in academies.
The government has announced they will be providing schools with additional funding of almost £1.2 billion in the financial year 2024/25 to support with overall costs. The funding has been calculated at national level to fund the 2024/25 teacher pay award and the support staff pay offer, which is still under negotiation. Almost £1.1 billion of the funding will be administered through the Core Schools Budget Grant (CSBG).
