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Academy Finance & Governance

 

What is an Academy? 

Academies are independent, state-funded schools, which receive their funding directly from central government, rather than through a local authority.

The day-to-day running of the school is with the head teacher, but they are overseen by individual charitable bodies called academy trusts.

At Barnwell Academy, we are part of Barnwell Academy Trust which has a board consisting of five members.  These members determine the ethos and purpose of the Trust and the way it will be governed - this is set out in the Articles of Association.  

 

Barnwell Academy Trust Members:

 

  • Mrs Amanda Shale - appointed on 07/03/2014
  • Mrs Andrea Whitaker - appointed on 07/03/2014
  • Mr Christopher Rogers - appointed on 07/03/2014
  • Mr Geoff Seagrove - appointed on 15/03/2017
  • Mr Stephen Wharton (also Chair of Trustees) - appointed on 15/03/2017

 

The Trust Members devolve the day-to-day running of the Academy Trust to a Board of Trustees.  

Further information on the Trust's Members and Trustees can be found on Get information about schools.

 

Board of Trustees 2017-18

 

Trustees

 

Meetings attended

Out of possible

 

S Wharton (Chair)

10

10

L Williams (Vice Chair)

9

10

A Emmerson (Accounting Officer)

10

10

S Dimmock

8

9

D C Smith

5

6

D Hargrave

7

7

N Collinson

8

9

D Morton

1

6

N Procter (appointed 8 December 2017)

3

3

C Armstrong (appointed 6 July 2018)

0

0

Board of Trustees 2016-17

 

Barnwell Academy Trust's Board of Trustees are also the Governors at Barnwell Academy - please see Meet the Governors for further information.

For the period ending 31st August 2017, the Board of Trustees formally met 10 times during the 12 month period. Attendance during the year at meetings of the board of trustees was as follows:

Trustee Meetings Attended Out of a Possible
S Wharton (Chair) 8 9
L Williams (Vice Chair) 5 7
A Emmerson (Accounting Officer) 10 10
N Collinson 6 7
D Hargrave 6 6
S Dimmock 6 6
D Smith 4 5
D Morton (appointed 27/04/17) 0 1
A Shale (resigned 14/03/17) 7 7
A Whitaker (resigned 14/03/17) 6 7
C Rogers (resigned 14/03/17) 7 7
A Falconer (resigned 24/11/17) 2 4

During the period ending 31st August 2017, 4 Trustees resigned their position on the Board of Trustees, 3 of these remained as Members only (A Shale, A Whitaker and C Rogers).

 

Academy Finance 

 

The Education Skills and Funding Agency (ESFA) funds academies on the same basis as maintained schools. 

The General Annual Grant (GAG) is the name for an academy’s main revenue funding. 

Barnwell Academy's GAG statement for 2017-18 can be found here.

Previous year statements can be found below:

 

As an Academy Trust we have to report our financial year activity on an annual basis.  

This activity is detailed in an audited accounts report that is externally audited by independent accountants and then submitted to the Department of Education and Companies House.

 

2017/18 accounts

Reported accounts, up to the period ending 31st August 2018, can be viewed here.  

An accompanying Management Letter from external accountants, can be read here.

  

2016/17 accounts

Reported accounts, up to the period ending 31st August 2017, can be viewed here.  

An accompanying Management Letter from external accountants, can be read here.

 

2015/16 accounts

Reported accounts, up to the period ending 31st August 2016, can be viewed here.  

An accompanying Management Letter from external accountants, can be read here.

 

2014/15 accounts

Reported accounts, up the to period ending 31st August 2015, can be viewed here.

An accompanying Management Letter from external accountants, can be read here.

Academies Financial Handbook

Academies Financial Handbook