Academy Trust Handbook 2022

06.09.2022
Rebecca Frost
Charities
Rebecca Frost, Lovewell Blake

The ESFA have published the Academy Trust Handbook 2022 (formerly known as the Academies Financial Handbook)

Rebecca Frost, Lovewell Blake

There are few changes from the 2021 Handbook, these are summarised as follows –

  • Confirmation of the withdrawal of the Budget Forecast Return Outturn
  • Clarification that prior approval of staff severance payments applies only to non-statutory/non-contractual payments
  • Confirmation that trusts can enter into indemnities in the normal course of business without prior approval
  • Confirmation that the at-cost requirement is met for all academies with a religious designation in connection with the provision of services by a related party to protect and develop their religious character

You can find more information on this here.

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