Monthly Archives: September 2014

Fis-edsolutions ltd & Annal Nayyar Updates- Information: academy accounting officer letter

 

Peter Lauener, chief executive of the Education Funding Agency has written to all accounting officers of academy, free school, UTC and studio school trusts.

The letter reflects on the accounting officer’s key responsibilities and highlights any changes. You are encouraged to share it with your trustees and senior leadership team.

Fis-edsolutions ltd & Annal Nayyar Updates sixth-form funding allocations 2015 to 2016 – recording planned hours in autumn census

Schools and academies with sixth forms are now required to collect planned hours data for 16 to 19 year old, EFA-funded students in the annual school census.

This will allow calculation of key elements of the funding formula, notably, the sixth-form student funding bands for 2015 to 2016 funding allocations.

You can check that planned hours for each student have been recorded in line with the published school census guidance, in advance of the 29 October deadline for return of the autumn school census information.

 

Fis-edsolutions ltd & Annal Nayyar Updates risk protection arrangements (RPA) for academy trusts

The risk protection arrangement (RPA) for academy trusts will be effective from 1 September 2014. RPA is an alternative to insurance, where losses that arise are covered by UK government funds.

The membership rules setting out the full scope of the RPA have been updated to resolve issues including those relating to leased premises.

Academy trusts joining the RPA before 1 September will have their funding adjusted retrospectively from 1 November 2014. If you opted in on or before 1 July we will adjust your payments from 1 September 2014. Trusts are able to opt in using an online form.

Fis-edsolutions ltd reports – Guidance for schools to claim the £25,000 support grant and the certificate required to declare how much grant has been spent.

The support grant claim form enables schools to claim the £25,000 support grant, and should be completed as soon as you have been informed that your application has been agreed in principle. It should be sent to the named departmental contact (project lead) and will then be paid within 14 days. The form also includes information about the conditions of the grant

Fis-edsolutions ltd and Annal Nayyar reports on ‘Recently established schools under section 6A’ contains details of all schools established under the academy/free school presumption section of the Education and Inspections Act 2006

Fis-edsolutions ltd and Annal Nayyar reports on ‘Recently established schools under section 6A’ contains details of all schools established under the academy/free school presumption section of the Education and Inspections Act 2006. It includes:

  • name of local authority
  • location of the new school
  • phase of education
  • proposed opening date
  • sponsor

https://www.gov.uk/government/publications/new-school-proposals

Fis-edsolutions ltd and Annal Nayyar reports on this form will allow the EFA to make any necessary payments to the academy, in accordance with the funding agreement.

Fis-edsolutions ltd and Annal Nayyar reports on this form will allow the EFA to make any necessary payments to the academy, in accordance with the funding agreement.

The completed form should be submitted toAcademiesNewDetails.EFA@education.gsi.gov.uk.

Please note that for schools converting to academy status, the form needs to be submitted by the 20th of the month (or closest working day) prior to intended conversion to enable the school to receive timely payment.

Fis-edsolutions ltd and Annal Nayyar report on changes to School Admissions code

The Department for Education has launched a consultation on changes to the School Admissions Code to improve fair allocation of school places and to support social mobility.

Proposed changes will allow schools to give priority in their admission arrangements to children eligible for pupil premium or service premium funding. Primary schools also will be able to prioritise children eligible for the early years pupil premium who attend a nursery at that school. There are also proposed changes to the admissions timetable.

The consultation closes on 29 September.

Fis-edsolutions ltd and Annal Nayyar report- Information: academy accounting officer letter

Peter Lauener, chief executive of the Education Funding Agency has written to all accounting officers of academy, free school, UTC and studio school trusts.

The letter reflects on the accounting officer’s key responsibilities and highlights any changes. You are encouraged to share it with your trustees and senior leadership team.

Fis-edsolutions ltd and Annal Nayyar report-new academy trusts intending to defer or submit dormant annual accounts

New academy trusts that were incorporated on or before 28 February 2014 are required to prepare their first accounts from the date of incorporation up to 31 August 2014. This may also include academy trusts that have not yet opened.

Trusts that were incorporated on or after 1 March 2014 may defer preparation of their first accounts to 31 August 2015.

If a new trust intends to defer, or to submit dormant accounts, they must notify EFA at academy.questions@education.gsi.gov.uk by 30 September 2014. You can find further information in sections 1.4 and 1.5 of the Academies Accounts Direction 2013 to 2014.

fis-edsolutions ltd reports -Information: Land and buildings valuations issued

All new academies that opened between 1 April 2013 and 28 Feb 2014, should have received their land and building valuation this week. This valuation is for information only, and academies don’t need to do anything with it.

EFA has published information on how it prepares land and buildings valuations and how they may be used.

New academies should complete and submit the land and buildings valuation form to the EFA within 6 weeks of opening.