Academies – Budget return

Budget return

The ESFA will no longer require the submission of the Budget forecast return outturn (BFRO) which would normally be submitted in May.

They have also paused the following until after 30 June:

  • Academies Capital grant – annual assurance exercise
  • Land and building information request for new academies
  • Financial management governance self-assessment (FMGS)

Decisions on other returns have been deferred until later in the year.

The timetable for the submission for annual accounts is still currently 31 December. The ESFA have said that they will continue to monitor the position.

For further information, please click here.