Annal Nayyar report-new academy trusts intending to defer or submit dormant annual accounts

New academy trusts that were incorporated on or before 28 February 2014 are required to prepare their first accounts from the date of incorporation up to 31 August 2014. This may also include academy trusts that have not yet opened.

Trusts that were incorporated on or after 1 March 2014 may defer preparation of their first accounts to 31 August 2015.

If a new trust intends to defer, or to submit dormant accounts, they must notify EFA at academy.questions@education.gsi.gov.uk by 30 September 2014. You can find further information in sections 1.4 and 1.5 of the Academies Accounts Direction 2013 to 2014.

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