Academy trust handbook 2023 to print
This is the print version of the Academy trust handbook 2023.
This years’ handbook is a materially shorter and sharper document. It contains several key changes, including:
- related party transactions: an increase in the threshold beyond which ESFA approval is required for related party transactions from £20,000 to £40,000
- annual reporting: removing the requirement for explanations in annual accounts when holding fewer than 6 board meetings per year
- budget setting: providing an additional month to submit annual budget forecast returns
- budget monitoring: providing more discretion in the distribution of management accounts
- sustainability: confirming that salary sacrifice schemes can be set up for electric vehicles, in most cases without our approval
We have summarised the changes to the 2023 edition at the beginning of the PDF.