New Forest

19/08/2025

Academy Newswire

Here’s some information from the recent updates in case you haven’t had the chance to read them.

Information

How to report fraud or financial irregularity

If you suspect fraud in the sector, you can find advice on GOV.UK which explains how to report fraud or financial irregularity to the DfE.

Stay informed about the ever-changing fraud landscape and get tips to protect yourself and the sector by registering for future fraud news and alerts here from the Counter Fraud team.

Funding

School Flooding Solution 

Is your school affected by surface water flooding? The DfE match funding (up to 50%) for sustainable drainage systems that reduce flood risk on your grounds.

Projects range from simple planters to comprehensive solutions including rain gardens, tree pits and detention basins.

The Department for Education (DfE) are pleased to announce that the Schools Water Strategy is now inviting applications for the Sustainable Drainage Systems (SuDS) in schools Grant Scheme.

The aim of the SuDS in Schools project is the reduction of surface water risk in the school estate. This is a match funded scheme and therefore, at the DfE’s discretion and where the scheme criteria allow, the DfE can grant fund up to 50% of the total project costs.

The full application guidance, set out below, provides details of the eligibility criteria, project objectives, Key Performance Indicators (KPI’s) and how to apply, alongside dates and supporting information.

Start a new application

Opening date: 14 July 2025, 2:00pm
Closing date: 20 October 2025, 9:00am

Reporting

Updated guidance for academy trusts on streamlined energy and carbon reporting

The DfE have updated their guidance for academy trusts on streamlined energy and carbon reporting to reflect the latest emission conversion factors here.

This guidance will help chief financial officers, accounting officers, and trustees of academy trusts to report energy consumption in their 2024 to 2025 accounts and develop good practice in their academy trusts.

Reminder of the Budget Forecast Return 2025 

The academies budget and forecast return (BFR) form is live.

The deadline for your academy trust to complete your BFR is 11.59pm on 28 August 2025.

If you are new to the BFR, you will need a DSI account to access the BFR. To create a new DSI, see the guidance on DfE Sign-in.

To find out more, visit the BFR guidance page.

This includes comprehensive details about the form, the chart of accounts mapping, and how to get support during the collection period.

Training

Upcoming events to add to your diary

Chair of Trustees and Governors Training – 11 September 2025 – Sign up here

Academy Schools Forum – 16 September 2025 – Sign up here

 

Regards

Michaela, Gary, James and Matt

PS if you don’t already receive the ESFA updates direct from the ESFA, you can subscribe here.

We specialise in advising business managers and bursars on the accounting, VAT and audit requirements for an Academy. 

If we don’t already act for your school or if you would like to attend our next Academy Forum (free of charge), speak to Michaela Johns, our Academies expert on 023 8046 1256. 

You can also visit www.academyvat.co.uk for guidance on VAT rules for academy schools.

Latest Feeds

In this Academy Forum poll, we asked: Given the new rules for leases, have you signed up for a finance lease now?
We heard a range of perspectives—and we’d like to hear yours. How are these changes shaping your leasing decisions? Share your thoughts below.#poll #academyforum #financelease

...

In our Academy Forum poll, we asked: Whose valuation did you use for your school/trust property in the accounts?The responses were very consistent across the board.Is this in line with your own approach, or would your answer be different? Let us know in the comments.#academyforum #poll #dfe

...

Don’t Miss Out: Parents of Teenagers Need to Extend Child Benefit by 31 AugustIf you’re a parent of a 16 to 19-year-old who’s staying in full-time education or training, HM Revenue and Customs (HMRC) is reminding families to extend their Child Benefit claim by 31 August to avoid the payments stopping altogether.Read the full guide via the link in our bio

...

Planning your next chapter?Join us for our Best Business Exit Seminar at Chilworth Manor Hotel on 23 September from 8am -breakfast is provided!Hear from our expert panel:-Gemma Hedges and Alan Rolfe, HWB Chartered Accountants
-Mike Duggan, Hybrid Legal
-Adam Keith, Asset Management Financial AdvisersThey will cover:-Business exit strategies
-Succession planning essentials
-Key questions to prepare for the futureWhat comes next after your exit:Save the date and secure your place today.Sign up online: https://bit.ly/47zQuwP  or email: marketing@hwb-accountants.com with your details and dietary requirements.We look forward to seeing you there!#BusinessExit #SuccessionPlanning #HWBCharteredAccountants #BusinessGrowth #FuturePlanning

...

If your business is VAT registered, maintaining accurate and organised paperwork is essential—not only to ensure compliance but also to avoid potential penalties.Clear record-keeping simplifies VAT reporting, provides transparency, and prepares you for any HMRC reviews.We’ve created a video highlighting the key areas to focus on so you can manage your VAT responsibilities with confidence and ease.If you would like more information, please read the full article by clicking the link in our bio.#VATCompliance #TaxEfficiency #BusinessFinance  #HMRCCompliance

...

Plan your next business move with confidence.Mergers and acquisitions can unlock new growth opportunities, improve operational efficiency, and strengthen your market presence.However, these complex transactions also involve risks that require careful management. Conducting thorough due diligence is crucial to identify potential challenges early and ensure a successful and smooth integration.If you’re considering a merger or acquisition, don’t underestimate the importance of due diligence — it could make all the difference in achieving your business goals.If you would like more information, please access the full article by clicking the link in our bio.#MergersAndAcquisitions  #DueDiligence #BusinessStrategy  #GrowthOpportunities  #CorporateFinance  #StrategicPlanning  #BusinessGrowth  #RiskManagement

...

In December 2024, HWB announced @dementiasupport_hantsiow as their charity of the year. Many of our team at HWB have seen the effects of this Brain Disease in their loved ones; be it Parents or Grand Parents. So, since then we have been raising funds and also giving our time at local groups to help this local charity.So our latest challenge is to do a sponsored 12K walk on 14 September 2025 starting at Warsash Harbour, the team is Gemma Hedges, Michaela Johns, Emma Kemp, Neelam Shanker and Zoe Handley-Greaves is joining us as helper at the event. By sponsoring us your money will help people affected by Dementia.

...

A statutory audit might seem daunting at first, but it's an essential process that supports transparency, compliance, and financial healthWhether you're a small business owner or part of a larger organisation, understanding what to expect can make all the difference.Watch our video for a clear breakdown of the audit process and how to navigate it.If you would like more information, please read the full article by clicking the link in our bio#StatutoryAudit #BusinessCompliance #FinanceTips

...

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your Academy.