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<p>The Education and Skills Funding Agency (ESFA) undertakes a financial health assessment,
using the latest set of financial statements, or equivalent, on all training providers
who hold a contract with the ESFA. The assessments are on a rolling programme when
new financial statements are produced for these organisations. Organisations are required
to submit their financial statements as and when they become available, but no later
than nine months after their period end date.</p><p> </p><p>Following the assessment
process a financial health grade is awarded, in line with our published guidance.</p>
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