EB / News / Finance / Financial management review of academy chain reveals ‘significant failings’
Financial management review of academy chain reveals ‘significant failings’
EB News: 24/07/2017 - 11:37
An Education Standards Funding Agency review into academy chain The Enquire Learning Trust has found that four senior leaders were being paid “off payroll” through limited companies.
The ‘leadership services’ purchased from Enquire Ltd totalled nearly £1 million over five years, according to the review.
A formal financial management and governance review of the ELT central operations was undertaken between 13 and 17 March 2017 which identified a number of significant failings and weaknesses, including:
The trust not following AFH guidance regarding adequacy of accountability, oversight and challenge at the trust; the financial information presented to the board of trustees lacks detail and does not give the overall financial position of the trust, and; the financial control over purchasing by the central team, including the use of trust credit cards, is inadequate.
The trust currently has 27 primary academies across 3 regional hubs based in the North East, Yorkshire and the Humber and the North West. Originally based in Durham, the trust central office relocated to Wakefield in September 2013.
Nearly two thirds of Initial Teacher Training providers believe that teachers are not currently prepared to meet the government’s ambition to raise the complexity threshold for SEND pupils entering mainstream schools.
England’s councils are warning of a "ticking time bomb" in the special educational needs and disabilities (SEND) system, with new data showing deficits that could bankrupt local authorities within three years.
The regulations have been set following a second consultation and detailed collaborative working with organisations and people across deaf and hearing communities.
The Education Committee has published a letter to the Secretary of State for Education asking for more detail about the Department for Education’s work on developing its SEND reforms.