Archive for December, 2014

Services Offered by Annal Nayyar and his team

We have a regional team dedicated to supporting and advising schools in the South East and Central London. We have experience across complicated areas such as VAT, Year End accounting and provide clarity across new regulations and directives. We are well established and encourage you to view our testimonies Our services include: Advice and Project [...]

Annal Nayyar reports More than half a million businesses have signed up to an online tax account – Your Tax Account – HM Revenue and Customs (HMRC) announced

Launched in May 2014, Your Tax Account will, over time, enable small businesses to access everything they need to manage their tax affairs in a single, secure, online space. HMRC has worked with business customers to ensure it reflects their needs and is user-friendly. The core of the current service is a personalised homepage from which businesses [...]

Annal Nayyar blogs Pupil premium allocations for 2015 to 2016

Pupil premium illustrative allocations for the 2015 to 2016 financial year will be made available in January 2015. Per pupil amounts for pupils in years 7 to 11, children who are looked after for one day or more or adopted from care and service children will continue to be funded at the same levels as [...]

Annal Nayyar blogs –variances to revenue funding allocations for universal infant free school meals (UIFSM)

In response to feedback from schools, the EFA have refined the final universal infant free school meals (UIFSM) revenue allocation to take account of varying patterns of reception class intakes. For reception, the final allocation will be calculated by taking an average of the October 2014 and January 2015 censuses, or just the January 2015 [...]

Annal Nayyar blogs Update to ESG supplementary guidance note

The EFA have published supplementary guidance on the education services grant (ESG) for the 2015 to 2016 academic year. The updated note includes worked examples of the tapered protection for mainstream, special and alternative provision academies.

Annal Nayyar blogs -Review of related party transactions in academy trusts

The Education Funding Agency has published a report on related party transactions, based on its review of all such transactions disclosed in academy trusts’ 2012/13 financial statements. In the report you can find case studies and further information to help your trust comply with the requirements.

Annal Nayyar Blogs Information: Changes to revenue funding allocations for Universal Infant Free School Meals (UIFSM

The final universal infant free school meals (UIFSM) revenue allocation to take account of varying patterns of reception class intakes. For reception, the final allocation will be calculated by taking an average of the October 2014 and January 2015 censuses, or just the January 2015 census – whichever provides schools with the greater allocation. The [...]

Annal Nayyar blogs Information: pupil premium allocations for 2015 to 2016

Pupil premium illustrative allocations for the 2015 to 2016 financial year will be made available in January 2015. Per pupil amounts for pupils in years 7 to 11, children who are looked after for one day or more or adopted from care and service children will continue to be funded at the same levels as [...]

Annal Nayyar blogs Information: schools revenue funding settlement 2015 to 2016

The    Efa  have announced information about the dedicated schools grant (DSG) and local authority (LA) allocations for 2015 to 2016 as at December 2014. Includes funding for schools, for children and young people with high needs, and for children in their early years. Dedicated schools grant 2015 to 2016: conditions of grant provides information for LAs on [...]

Annal Nayyar blogs Information: academy trusts’ August 2014 accounts return template

The Education Funding Agency (EFA) requires academy trusts to submit an August 2014 accounts return, using the Excel template on this page, by 31 January 2015. Academy trusts need to complete this return if they are preparing financial statements as at 31 August 2014 and have academies open at 31 August 2014. The guide published [...]