Running an academy trust comes with significant responsibilities, particularly around financial compliance. Two of the most critical filing requirements are the submission of annual financial statements and the Budget Forecast Return (BFR). Missing these deadlines can lead to regulatory scrutiny and reputational risk. Here’s what academy trust leaders and finance teams need to know to stay on track.
The deadline to file your financial statements with Companies House is fast approaching. Ensure your documents are submitted by 31 May 2025 to avoid any late filing penalties.
This year’s BFR will open on 3 June 2025; the deadline is 28 August 2025. The BFR needs to be submitted using the DfE’s Online Forms portal. For more details, please see the link: Academies budget forecast return – GOV.UK
