Monthly Archives: January 2014

Annal Nayyar Reports changes that Business Managers need to be aware of.•

The DFE website is going to close in March 2014. There new site will be  (www.gov.uk).

The school contact that is registered with the EFA should have received login details to enable the accounts return to be submitted. If you haven’t  received it yet please contact  ReturnsSubmissionTeam@deloitte.co.uk

Annal Nayyar – Consistent financial reporting framework (CFR): 2013 to 2014

Annal Nayyar – Consistent financial reporting framework (CFR): 2013 to 2014

This advice provides the definitions for each CFR code to assist schools in mapping income and expenditure to the appropriate areas of the CFR framework. The codes are set out in the Consistent Financial Reporting (England) Regulations 2012.

 

Annal Nayyar reports that information on the DfE Website states Following a competitive bidding process

Annal Nayyar reports that information on the DfE Website states Following a competitive bidding process, the Department for Education has approved grant funding for New Schools Network (NSN) to provide pre-application support to parents, teachers and community groups and others hoping to open free schools. The grant will also allow NSN to support free schools in the pipeline and open free schools. NSN is a registered charity.

The grant will be for the financial years 2014 to 2015 and 2015 to 2016. There is an option to extend the grant for 1 year beyond this.

The grant is expected to commence on 1 April 2014, subject to final negotiations on the grant agreement. This will be published in due course.

The grant was awarded after a rigorous bid assessment conducted by senior department officials.

Some 15 groups requested information about how to bid for the grant, with 3 applications being made. NSN was judged to have submitted the strongest bid as evaluated against the published award criteria.

 

Annal Nayyar updates -Details of capital investment for 2014 to 2015 to maintain and repair the school estate announced.

On the 24 January 2014, the Department for Education published the school capital maintenance and Devolved Formula Capital (DFC) allocations for 2014 to 2015.

 

Capital investment in schools must be targeted to where it is most needed and it must be spent effectively so that every child has a good quality school place in buildings which are safe, fit for purpose and well maintained.

 

The Department for Education will fund repairs and maintenance through £1.2 billion of maintenance allocations and £200 million of Devolved Formula Capital grant to local authorities and schools in 2014 to 2015. This includes funding for the repair and refurbishment of academies through the Academies Capital Maintenance Fund (ACMF), and for sixth-form colleges through the Building Condition Improvement Fund. This total of £1.4 billion is the same as last year.

 

Local authorities will receive the maintenance allocation for their schools. Academies will access their funding through applying to the ACMF. The share of the funding for the ACMF has increased in proportion to the number of pupils in academies since 2013 to 2014.

 

We continue to gather a comprehensive picture of the condition of every school building. From next year we will target maintenance funding based upon the condition of school buildings. In the meantime, funding for condition and maintenance will be allocated on a simple and transparent per-pupil basis.

Annal Nayyar blogs on how you submit your returns

As explained in the last EFA  BULITIN The EFA have introduced a new way for academy trusts to submit financial returns such as accounts returns and budget forecasts. Rather than submitting by email to the EFA, academy trusts must upload these returns to Deloitte OnLine, a new facility hosted by our delivery partner, Deloitte.

Your academy trust should by now have received login details for the new online submission system. These accounts are set up for the use of the trust as a whole in submitting returns.

Deloitte sent the login details to the contact EFA has for each academy trust. In most cases this was the academy principal. If your trust has not received a login, you need to  contact Deloitte at ReturnsSubmissionTeam@deloitte.co.uk.

The EFA have published a user guide for Deloitte Online on our accounts return and budget forecast web pages.

Contact details

Deloitte
Email: 
ReturnsSubmissionTeam@deloitte.co.uk

Annal Nayyar- 6th form funding

Annal Nayyar- 6th form funding

The EFA  have published the latest information about changes to sixth form funding for the 2014 to 2015 academic year in a recorded presentation.

An accompanying slide presentation is also available to download from the academy funding website.

Annal Nayyar provides the trust with a service that looks at the independent checking

 

Annal Nayyar provides the trust with a service that looks at the  independent checking of financial controls, systems, transactions and risks. These duties can be delegated to a responsible officer . Academy trusts may manage the process in the way that they deem most appropriate to their circumstances.

Please see the following links for additional services and support Annal  and his team can provide

 

www.annal-nayyar.co.uk

 

www.schoolsfinancenews.co.uk#

Annal Nayyar -From 5, children will learn to code and program, with algorithms, sequencing, selection and repetition; from 11, how to use at least 2 programming languages to solve computational problems; to design, use and evaluate computational abstractions that model the state and behavior of real-world problems and physical systems; and how instructions are stored and executed within a computer system.

From 5, children will learn to code and program, with algorithms, sequencing, selection and repetition; from 11, how to use at least 2 programming languages to solve computational problems; to design, use and evaluate computational abstractions that model the state and behavior of real-world problems and physical systems; and how instructions are stored and executed within a computer system.

Annal Nayyar -Wilshaw blames trainers and management for drop out rate

Poor training and unsupportive Heads are responsible for the high drop out rate of teachers in their early years of teaching, according to Sir Michael Wilshaw.In a speech to the North of England Education Conference in Nottingham last week, the Chief Inspector of Schools blamed poor training followed by poor support for the high drop out rate from teaching. He said: ‘It is a national scandal that we invest so much in teacher training and yet an estimated 40 per cent of

new entrants leave within five year

Annal Nayyar reports Capital Maintenance fund- Time Running out for Submissions

The allocation will be a capital grant and must be used exclusively for capital expenditure to purchase or improve assets owned by the trust or secured on a long lease. Trusts will need to follow HM Treasury guidelines in the procurement of goods and services, to secure best value for money. In particular, contracts of work, equipment, stores and services etc. awarded by the trust must be placed on a competitive basis. The EFA award on the strength of bid – I would suggest in the case you refer to it would be all or nothing – because the EAF providing half the money to carry 50% works would not be logical. Bids that go in by end of January – would be awarded in April – so that just over 2 months.