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Academies Accounts Direction

The Education and Skills Funding Agency (“ESFA”) has released the Academies Accounts Direction (“AAD”) that will apply to academy trust accounts for the year ending 31 August 2022. The release of the document in March is a big step forward from the early days of the sector when the equivalent guidance was routinely published just a handful of weeks before trusts’ year ends.

Key deadlines for 2022 reporting remain the same.  Academies must submit audited accounts and associated documents to the ESFA by 31 December 2022 and must publish the audited accounts on the trust’s website by 31 January 2023.  Filing deadline for placing the accounts at Companies House remains 31 May, although there is probably no good reason for delaying this beyond 31 January given the requirement for public disclosure by then on the trust’s website.  Corporation tax returns for any entities where one is required will need to be filed by 31 August 2023, with any tax payable being due by 31 May.


Contact Us

If you would like to arrange a virtual meeting to discuss your specific circumstances in relation to any of the above, please get in touch with your usual contact within James Cowper Kreston or contact me using the details below.

Mike Bath

Tel:+44 (0) 7557 340691 | E:


The information in this newsletter must not be relied on as giving sufficient advice in any specific case.   


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