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935079
registered interest false more like this
date less than 2018-07-05more like thismore than 2018-07-05
answering body
Department for Education more like this
answering dept id 60 more like this
answering dept short name Education more like this
answering dept sort name Education more like this
hansard heading Academies: Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Education, pursuant to the Answer of 15 June 2018 to Question 152777 on Academies: Finance, which contentious connected party transactions were referred to the Education and Skills Funding Agency relating to (a) Collective Spirit Multi Academy Trust, (b) Wakefield City Academies Trust and (c) Bright Tribe multi-academy trust; and what action was taken as a result of each referral. more like this
tabling member constituency Manchester Central more like this
tabling member printed
Lucy Powell more like this
uin 161173 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-07-10more like thismore than 2018-07-10
answer text <p>In adhering with accounting standards, academy trusts are required to disclose all related party transactions in their accounts, this being an illustration of the high levels of transparency that we require of academy trusts. There is no equivalent requirement for local authority schools to disclose such transactions, as they are not required to prepare or publish individual accounts.</p><p> </p><p>The referrals for both Bright Tribe and Collective Spirit Multi Academy Trust are currently being assessed. The referral for Wakefield City Academies Trust has been considered and the trust has disclosed the transactions in their published accounts, available on the Companies House website.</p><p> </p> more like this
answering member constituency Stratford-on-Avon remove filter
answering member printed Nadhim Zahawi more like this
question first answered
less than 2018-07-10T16:56:48.91Zmore like thismore than 2018-07-10T16:56:48.91Z
answering member
4113
label Biography information for Nadhim Zahawi more like this
tabling member
4263
label Biography information for Lucy Powell more like this