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1133338

registered interest
date	19/06/2019
answering body	Department for Education
answering dept id	60
answering dept short name	Education
answering dept sort name	Education
hansard heading	Academies: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Education, what criteria (a) his Department and the Education and (b) the Skills Funding Agency use to assess the allocation of funding to academy trusts to protect the provision of education.
tabling member constituency	Manchester Central
tabling member printed	Lucy Powell
uin	266824
answer	answer is ministerial correction date of answer 24/06/2019 answer text <p>The Education and Skills Funding Agency (ESFA) has a robust intervention strategy that fits within the overall academy accountability framework. Intervention is always proportionate, risk-based and built on funding agreement and academies financial handbook non-compliance.</p><p>Where the ESFA intervenes, we work with each trust to put in place a recovery process that underpins education provision with strong financial management and oversight. This can include the provision of funding, issuing a Financial Notice to Improve or, in the most serious cases, termination of the Funding Agreement.</p><p>Where the provision of funding is considered, this will be done on a case-by case basis, as part of our intervention with the trust.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi grouped question UIN 266825 question first answered 24/06/2019 15:54:35 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	4263 label Biography information for Lucy Powell

1131213

registered interest
date	11/06/2019
answering body	Department for Education
answering dept id	60
answering dept short name	Education
answering dept sort name	Education
hansard heading	Academies: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Education, if he will list for each multi-academy trust that has had deficit funding approved (a) the amount of funding approved, (b) whether it is linked to a financial turnaround plan, (c) the period it covers, (d) the date on which it was approved by the Education and Skills Funding Agency or the Department and (e) the amount that is recoverable and non-recoverable in each case.
tabling member constituency	Manchester Central
tabling member printed	Lucy Powell
uin	263155
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>Academy trusts have primary responsibility for their own financial affairs and where the Education and Skills Funding Agency intervene, we work with each trust to put in place a recovery process that underpins education provision with strong financial management and oversight. This can include the provision of deficit funding, issuing a financial notice to improve or, in the most serious cases, termination of the Funding Agreement.</p><p>Where we have provided deficit funding as part of this process, this information is reflected in trusts’ accounts. Attached is a document setting out deficit funding information for the most recent year available, financial year 2017-18. The department records deficit funding by the academy that funding is associated with and this is also reflected in the attached document.</p><p>As of March 2018, the total number of academies for which deficit funding was agreed in financial year 2017-18, reflects less than 1% of all open academies, and less than 0.2% of the total funding allocated to academies for the 2017-18 academic year.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 17/06/2019 15:22:37 answering member 4113 label Biography information for Nadhim Zahawi attachment 1 file name 263155_Academy_deficit_funding.pdf title 263155_table
tabling member	4263 label Biography information for Lucy Powell

1019963

registered interest
date	04/12/2018
answering body	Department for Education
answering dept id	60
answering dept short name	Education
answering dept sort name	Education
hansard heading	Academies: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Education, how much has been spent on rebrokering academies in each of the last three years.
tabling member constituency	Manchester Central
tabling member printed	Lucy Powell
uin	198836
answer	answer is ministerial correction date of answer 13/12/2018 answer text <p>Information on academy transfers (sometimes referred to as ‘rebrokerage’), and the grant funding provided for those during the financial years 2013-14 to 2017-18 is published here:</p><p><a href="https://www.gov.uk/government/statistics/academy-transfers-and-funding-england-financial-year-2017-to-2018" target="_blank">https://www.gov.uk/government/statistics/academy-transfers-and-funding-england-financial-year-2017-to-2018</a>.</p><p>In the financial year 2017-18, around a half of trust moves were single academy trusts joining multi-academy trusts (MATs). The department is actively encouraging single academy trusts to join MATs and we would expect to see this trend continue.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 13/12/2018 15:50:54 answering member 4113 label Biography information for Nadhim Zahawi previous answer version 91103 answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi answering member 4113 label Biography information for Nadhim Zahawi
tabling member	4263 label Biography information for Lucy Powell

1002594

registered interest
date	06/11/2018
answering body	Department for Education
answering dept id	60
answering dept short name	Education
answering dept sort name	Education
hansard heading	Academies: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Education, what his Department’s policy is on the period in which a multi-academy trust must repay advances made by the Education and Skills Funding Agency; and if he will make a statement.
tabling member constituency	Ashton-under-Lyne
tabling member printed	Angela Rayner
uin	188839
answer	answer is ministerial correction date of answer 15/11/2018 answer text <p>An advance to an academy trust is an early payment on its General Annual Grant, which is allocated to the trust for that year. It is not additional funding for the trust. With each advance, there will be a mutually agreed schedule of monthly reductions to offset the advance.</p><p> </p><p>The department continues to work with the sector to build capacity and expertise in financial management and support effective school resource management with specialist advisers, three year financial forecasting and developing buying hubs and national deals for all schools. Where an academy trust requires additional support, the Education and Skills Funding Agency will work with the trust to build its capacity and help it reach a stronger position.</p><p> </p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 15/11/2018 14:33:15 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	4356 label Biography information for Angela Rayner