Annal Nayyar blogs Academy trusts: have you submitted your financial statements?

The deadline for academy trusts to submit their financial statements, management letters and value for money statements was 31 December 2013.

As it is a requirement under the funding agreement for academy trusts to submit these returns, failure to do so is a breach of the agreement and may result in further action.

EFA has outlined the requirements in the academies accounts direction 2013, published on 30 May 2013.

More than 80% of academy trusts have already sent their returns, and we would like to thank you for doing so.

If any element of your return is outstanding, please email it to AcademiesFinancialMonitoring.EFA@education.gsi.gov.uk

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