Sentences with phrase «of academy trusts»

Normally there should be 3 founding members of the academy trust.

In 2016, 40 per cent of academy trusts engaged in related - party transactions, worth a total of # 120 million.

It operates on behalf of the academy trust, which is the legal body responsible for running the academy - these will be the governing body members I am referring to in this article.

For example, requiring them to be part of an academy trust including schools for other faiths, or showing they are opening in an area of «social need».

But the watchdog says the chief executive of the academy trust had mistakenly been copied into an email with an inspection schedule.

An answer to a Parliamentary question shows that the proportion of academy trusts with an annual shortfall doubled in two years.

I will be setting up far more robust oversight and challenge when it comes to the financial performance of academy trusts.

We want it to focus minds because the stakes are simply too high to leave the quality of academy trust governance to chance any longer.

They are responsible for the day - to - day organisation, staffing and management of the academy trust.

Another example of the lack of control over and oversight of academy trusts.

Template documents with standard articles of association for different types of academy trust.

The net current assets of an academy trust are one area that trustees should be monitoring to give them comfort that the trust is in a sound financial position.

And these are the head teachers who are meant to be taking the initiative in deciding what kind of academy trust they want to form.

Form and assessment criteria for members and directors of academy trusts to submit personal information.

It also marks a seemingly new approach from the government, which turned down a freedom of information request in 2014 for the grades of academy trusts.

So what exactly does he get out of being part of an academy trust?

Given this is a positive story about the performance of an academy trust it's perhaps not surprising that nobody's commented on it.

That same month, the academies minister Theodore Agnew wrote to chairs of all academy trust boards urging them to take their financial responsibilities seriously, and not to over-reward trust bosses.

In December last year, the agency wrote to the trustees of academy trusts with just one school that had staff earning more than # 150,000 a year to ask for justification of the salaries.

The leader of an academy trust under investigation by the Education Funding Agency (EFA) has launched a scathing attack on the government's financial management.

But Morgan's hopes were quickly dashed when the NASUWT general secretary, Chris Keates, followed her at the podium and asked Morgan to reconsider the plan to move 16,000 schools in England from local authority oversight to control by chains of academy trusts by 2022.

Since joining the department, he has drawn on his wealth of experience in the classroom and at the forefront of academy trusts to nurture innovative approaches that have helped raised standards across the country.

Yes, there seems to have been quite a lot of autonomy to «mismanage» the accounts of quite a few individual academies: the number of academy trusts given financial notices to improve is increasing.

Additionally, Amyas Morse, the Comptroller and Auditor General (C&AG), has advised that the DfE has «many challenges to overcome» if it is to provide parliament with a better picture of academy trusts» spending next year.

The National Audit Office (NAO) has questioned the Department for Education's (DfE's) handling of the financial statements of academy trusts, sayin

Morse said: «Providing Parliament with a clear view of academy trusts» spending is a vital part of the Department for Education's work — yet it is failing to do this.

The public accounts committee published its assessment of academy trust finances and the regulations in place to prevent malpractice just before Easter.

Reform's survey of academy trust bosses also shows a worrying collective view about the minimum number of schools needed to make chains efficient, which is especially concerning in the context of data that shows that the vast majority of trusts have fewer than 10 schools.

Parents could spark a change of academy trust under proposals in the white paper that give them the right to petition regional schools commissioners if they are not satisfied with how their school is run.

The bosses of academy trusts running large chains of schools in England are going to be challenged by education ministers over «fat - cat» pay.

There are a number of requirements to be aware of, namely the board must include two elected parent trustees (where the trustees have not appointed local governing bodies or there is no provision made for at least two parent local governors on each local governing body), no more than a third of the board can be employees of the academy trust and the number of trustees who are local authority associated persons must not represent 19.9 % or more of the total number of trustees.

A Department for Education spokeswoman said: «As the report recognises, the vast majority of academy trusts are focused on raising standards of education - often in our most challenging areas.

News of the pay cap call comes after Ian Mearns, Labour MP for Gateshead, yesterday raised concerns about spiralling pay of academy trust chief executives.

Auditors of academy trusts also don't have to judge whether money paid out is value for money.

Since September 2010, 2,949 Primary Schools have become academies, 943 of which are «sponsored academies» — with sponsors including businesses, universities, other schools, faith groups or voluntary groups, who have majority control of the academy trust.

The Department for Education has written to 29 trusts about high pay in the past, however, the number of academy trusts called on explain pay levels were significantly small.

This will mean, together with the other trustees and governing body members, determining the strategic direction of the academy trust and its academies (where relevant), and also being responsible for turning policy aspirations into reality.

Whilst your solicitors will deal with the legal processes, it is the job of the Academy Trust to deal with the practical aspects of conversion, for example obtaining a new establishment number, transferring its computer licences, obtaining new branding and signage (if required) and opening a new bank account.

The DfE have a model form document and usually will not allow significant variation from this, however changes can be made if good reasons can be put forward and it is common for governance structure to be tailored to the requirements of each Academy Trust.

Research published in July 2016, confirmed that the Trust was in the top 10 % of academy trusts nationally for primary education and performing significantly above average in all areas.

In its response to the parliamentary education committee's recent inquiry into the work of academy trusts, the DfE said the move to release trust performance measures in this manner was made «based on feedback from users and to accommodate new performance measures».

For example, some dioceses will give consent only if the proposed governance structure of the academy trust meets the diocese's requirements, or the school agrees to pay the diocese's legal costs arising from the conversion.

In an intervention that is the first of its kind since the advent of academy trusts, eight unions representing teachers, leaders and support staff working for the David Ross Education Trust have written to the chain's sponsor, the Tory donor and businessman David Ross, after talks between the two sides broke down.

A spokesperson said accountability for improvement was solely the responsibility of academy trusts and RSCs.

Under current rules, Ofsted can only undertake «focused inspections», which involve visiting a handful of an academy trusts» schools and culminate in a letter to the trust.

David Hughes, vice-chairman of the academy trust, said there was no extremism and attacked the «knee - jerk reaction of politicians».

The government stopped judging regional commissioners on how many schools in their regions were in need of an academy trust after figures revealed far more sponsors were needed...

The amount of money written off by the DfE is down to # 5.8 million, from nearly # 13 million on the previous year (however, again, this may be down to the losses of academy trusts no longer being accounted for in this document).

Each of the new boards will have members from across local councils, teaching schools, dioceses and the ranks of academy trust chief executives to advise regional school commissioners (RSCs) on improvement strategies for failing schools.

Therefore, auditors focus on areas that pose a high risk to the completeness and accuracy of the Academy Trust's accounts.