1. Action: Submit your school resource management self-assessment checklist
The School Resource Management Self-Assessment Checklist is now open for Academic Trusts to complete and return by Tuesday, March 15, 2022.
All academy trusts with an open academy as of December 31, 2021 must submit a checklist.
2. Action: We are seeking feedback on the direction of the 2020/2021 academy accounts
You will have used the Academies Accounts Department to guide you in the preparation of your 2020/21 audited financial statements, which were submitted by December 31, 2021.
To ensure the Academy Accounts Leadership continues to meet your needs, we are seeking feedback on the 2020/21 Academy Accounts Leadership. If you haven’t already, please take a few minutes to complete the short feedback survey.
3. Action: Register for the Academies Finance Professionals Power Hour – networking event
We still have limited places for our networking event on Thursday, January 27, 2022 from 3-4:30 p.m.
This networking event will be an opportunity to virtually meet peers from your region and discuss the challenges of strategic and financial planning.
The Chief Financial Officer and Chief Executive Officer of Rainbow Education Multi-Academy Trust will begin the session by sharing their experiences of strategic planning and balancing educational and financial priorities.
The second guest speaker is the Chief Financial Officer of Nova Education Trust, who will share his experience of building financial health through the use of Integrated Curriculum Financial Planning (ICFP) and other tools.
This will be followed by an hour for you to network with your peers, ask questions, bring your issues to light, and use the experience of others for help.
Sign up for January Power Hour.
4. Information: General annual grant allocations for the 2022 to 2023 academic year
We will begin publishing general annual grant allocation statements for 2022-2023 around the end of February 2022. We expect to publish all allocation statements to academies open on or before January 1, 2022 by the end of March 2022.
Stipends for 2022 to 2023 for the February and March 2022 Opening Academies will be issued by the end of April 2022.
We will publish general guidance on annual grant allocations in February 2022 before we begin publishing allocation statements.
For sixth form academies, we will release 16-19 stipend calculation toolkits containing funding factors and student numbers in February. We also plan to start awarding 16-19 allocations in February, including the number of high-need places, to most sixth form schools, academies and special academies. You can read about education for 16-19 year olds: funding allocations.
5. Information: separate budget forecasts are no longer necessary
We can confirm that with immediate effect we will no longer require Academic Trusts to submit a separate forward budget each year.
We have permanently included results information in the main budget forecast report. We have published the required information on the GOV.UK Academies Budget Estimates return page.
6. Information: results of 2022 to 2023 high-needs location change requests
We have published the results of the High Needs Place Change Application: 2022-2023 which will inform the number of funded places for the 2022-2023 school year in academies, free schools, colleges of higher education and independent learning providers.
You should review the published results as soon as possible, to ensure that the numbers reflect those expected. If an institution is not listed, it means that no changes have been notified for that institution and the published place numbers from 2021 to 2022 will be used as the basis for allocation from 2022 to 2023.
Local authorities, academies or higher education institutions can contact the ESFA to query their place numbers 2022 to 2023 between January 19, 2022 and February 4, 2022.
More information about the request window can be found in the High Needs Location Change Process Guide.
Allocation Calculation Toolkits (ACT) confirming how we used Individual Learner Record (ILR) data from 2020 to 2021 to calculate the funding items that will be used in the calculation of funding allocations income from 2022 to 2023 16 to 19 was made available on the exchange of documents.
If you have any questions after reading our advice, please contact us using our online inquiry form.
8. Information: Join these Approved Frameworks webinars and learn how you could save money for your school
The Department of Education (DfE) is running webinars on how using our approved frameworks could help your school get value for money.
If you are responsible for purchasing goods and services for your schools, check out the range of informative webinars that could help you save time and money.
All sessions are free, use these Eventbrite links to join the schools sales team and take the opportunity to ask vendors any questions you may have about purchasing goods and services for your school, energy teachers and supply.
For the latest on our wide range of webinars, check out the events tab on our LinkedIn Buy for Schools page.
If your school is planning a purchase for Catering or Multi-Function Printing and Scanning (MFD) devices, a new Create Specification tool to help you is now available on GOV.UK Procurement for Schools.
Designed by the Department of Education in collaboration with schools and suppliers, this free online tool will help you plan your supply needs in detail, ensuring that your school management and potential suppliers are clear on all your requirements.
You can complete your specification over time and upload it to share with suppliers as a valuable part of your procurement process.