Financial accounts reveal how much academy chains charge the schools they sponsor
- Credit: IAN BURT
Most academy groups provide services to their schools, such a finance, legal and school improvement, usually funded by 'top slicing' part of each school's government grant.
Multi-academy trusts have to state in their accounts how much they charge the schools they sponsor. The following figures are those stated in the 2013-14 financial accounts. Some are figures for schools that joined the trust part-way through the year, so do not reflect a full 12-month charge.
Academy Transformation Trust
In 2013-14, this national chain with academies in the region charged £150,000 to secondary schools, and £40,000 to primary schools, but is reviewing this.
You may also want to watch:
Its accounts said is it 'looking to adopt a policy that links with the reserve strategy and allows the trust to allocate funds on a priority basis. The trustees believe that this will maximise the performance of the trust'.
- 1 Vision for multi-million pound new Norwich venue revealed
- 2 Be lord of the manor: Site of forgotten mansion for sale for £2.3m
- 3 Police reopen road following earlier crash
- 4 Norfolk cliffs fall man arrested on suspicion of murder released on bail
- 5 Two city businesses on the move as mystery new tenant hovers
- 6 Volunteer hit with £100 parking fee while collecting food for needy
- 7 Shoppers queue for revamped garden centre reopening
- 8 'People didn't know I existed' - Shopkeeper thrilled with new store
- 9 Norwich City transfer rumours: Canaries keen on Cherries ace
- 10 Scams in Norfolk this week: Hermes texts and electricity boxes
Diamond Academy: £40,000
The Nicholas Hamond Academy: £150,000
Admirals Academy: £45,000
Iceni Academy: £162,000
Norwich Road Academy: £50,000
Cliff Park Schools Trust
The trust is made up of Cliff Park infant and junior schools. Its accounts say the general annual grant for each academy is pooled, and the trust 'therefore charges each academy for these services effectively at cost'.
CWA Academy Trust
This trust, which is sponsored by the College of West Anglia in King's Lynn, did not provide any central services in 2013-14.
Its accounts said some financial services, human resources support, educational support services will be provided centrally on 2014-15, and 'it is likely that this range of services will extend during the year'.
Diocese of Norwich Multi-Academy Trust
The Norwich diocese charges £75 per pupil for 'good' and better schools, £95 for schools with a 'requires improvement' rating, and £110 for those in special measures.
It had initially charged 2.5pc for good and outstanding schools, and 5pc for schools judged to require improvement or in special measures.
Moorlands Primary Academy: £42,049
Ditchingham Primary Academy: £5,517
Flitcham Primary Academy: £725
The Diocese of Ely Multi-Academy Trust
Ely charges a flat percentage of their month's government grant funding, with the percentage varying 'depending on the level of assistance thought to be required for the following year'.
Duchy of Lancaster, Methwold: £4,114
St Martin at Shouldham: £2,112
The Norman, Northwold: £2,982
This trust sponsors Costessey Infant and Junior Schools, and since 2013-14 Filby Primary joined it.
Its accounts said: 'No central services were provided by the trust to its academies during the year and no central charges arose.'
Inspiration charges 4pc, but its accounts said this is then varied depending on the amount of input they need, the quality of their infrastructure, and ability to pay.
Great Yarmouth Primary Academy: £77,021
Norwich Primary Academy: £83,678
Cromer Academy: £50,000
Hethersett Academy: £114,000
Jane Austen College: £12,000
Lynn Grove Academies Trust
The trust sponsors Woodlands Primary Academy, and charged a flat percentage of income at 3pc, compared to 3.5pc the year before.
Woodlands Primary Academy: £32,309
North Norfolk Academies Trust
This trust is based at Sheringham High School, and Stalham High School joined after the financial year 2013-14.
The accounts said: 'No other academies joined the multi-academy trust until the year end, hence no central services were provided by the academy trust to its academies during the period and no central charges arose.'
Ormiston Academies Trust
This national chain with a number of schools in our region charges its schools a 'partnership fee' for services that include school improvement, governance, human resources, marketing, finance and information technology.
For each of the last three years it charged a flat rate of £140,000 per high school, but new schools are now charged a flat fee of £60,000 per high school and £25,000 per primary, plus a variable charge of up to 3.5pc depending on their Ofsted ranking and needs.
Ormiston Denes Academy: £140,000
Ormiston Herman Academy: £43,000
Ormiston Venture Academy: £140,000
Cliff Park Ormiston Academy: £147,000
Ormiston Victory Academy: £140,000
Right for Success
This academy trust is based at Eaton Hall School, and sponsors Stalham Academy and Cavell Primary Academy in Norwich.
Its accounts said: 'No central services were provided by the academy to its academies during the year and no central charges arose.'
Transforming Education in Norfolk (TEN) Group
The TEN Group includes City College Norwich, City Academy Norwich and the Norfolk University Technical College.
It sponsors Wayland Academy, Fakenham Academy, Attleborough Academy and Wayland Junior Academy through Norfolk Academies.
The accounts for Norfolk Academies said: 'No central services were provided by the trust to its academies during the period and no central charges arose.'
West Norfolk Academies Trust
This trust is sponsored by Springwood High, and its schools in 2013-14 were St Clement's High and Snettisham Primary.
Two further primary schools will join the trust in this financial year: West Lynn Primary and Clenchwarton Primary.
The accounts said: 'No central services were provided by the academy trust to its academies during the year and no central charges arose.'