Academy trusts are accountable for the management of the schools within their academy trust. This accountability includes the governance and financial management of the whole academy trust and its schools.
Trusts must comply with the academy trust financial handbook under the terms of their funding agreement with DfE:
This is a contractual obligation. The academy trust handbook extends some delegations to academy trusts in respect of managing public money, and sets out the areas where HM Treasury approval is required. While academy trusts are also exempt charities, and so subject to regulation by DfE, in some circumstances there are transactions that may also require Charities Commission approval.
Under the terms of the academy trust handbook, academy trusts are required to submit financial information to the Department of Education (DfE) and must notify DfE if the academy trust plans to set a cumulative deficit budget, taking into account any funds brought forward from the previous year.
For further information on Academy Financial Oversight, please click the link below:
For further information on the financial performance of our school in comparison to other schools, please see our page on the Government’s School Financial Benchmarking Service:
Details of any school employees with a gross annual salary of £100,000 or more would be declared here and in the statutory financial statements.
For the 24/25 Academic Year (ending 31 August 2025), there was one employee whose employer benefits (including employer pension costs) exceeded £100,000. This is the Headteacher – Mr W. Hutt.
There were no such employees in the 2020/21 Academic Year, 2021/22 Academic Year, 2022/23 Academic Year or 23/24 Academic Year.
Further documentation related to the creation of The Coppice Academy and its associated structures and responsibilities can be found below:
