Financial Information

These items should be published to your website

Annual Report - The academy trust must prepare an annual report and accounts, incorporating accounting policies approved by the board of trustees, and have them audited by a statutory auditor. It may also be required to report on its cash position to ESFA where there are concerns about financial management.

Annual audited accounts - Trusts must publish the annual accounts on their website no later than the end of January following the financial year to which the accounts relate.

Memorandum of association - The memorandum of association is a form signed by  the “subscribers”  to the company, who are those people  who agree to become the first members of the academy trust.  The DfE requires there to be at least 3 subscribers. 

Articles of association - The articles set out the trust’s charitable object(s) and governance arrangements.

Names of charity trustees and members

Funding agreement - The agreement between the academy trust and the Secretary of State, which includes funding arrangements, obligations of both parties and termination provisions.

• Please click here to access the Academies Financial Handbook -effective Sept. 2018
• Please click here to access the Gov.UK website detailing what academies, free schools and colleges should publish online

Charitable Status - Displaying your registered name

If your charity is a company, you must display its registered name at:

• the registered office
• any other place you may have chosen to use for people to inspect your company’s records (known as a single alternative inspection location or 'SAIL')
• any place where the charity operates, unless that place is primarily living accommodation.

You must also give your charity’s registered name on a range of documents, whether in paper, electronic or other form. While you may never come across some of these documents, the full list is as follows.

• All business letters and correspondence
• Notices (such as notices of AGMs) and other official publications
• Cheques
• Receipts
• Orders for goods or services that are signed by or on behalf of the charitable company
• Various financial documents, including orders for money, bills of exchange, promissory notes, endorsements and letters of credit
• Order forms, invoices and other demands for payment
• Bills of parcels (the packing list that is usually enclosed with a parcel containing several items)
• Applications for licences to carry on an activity, such as a music or alcohol licence
• Websites, including pages of a website that relate to your charity (for example where a business has a page of its website devoted to a related charity).