New Forest

13/05/2020

Accounts return 2019/20 – counter party data collection

As part of the ESFA’s ongoing efforts to reduce reporting burdens on the sector, academy trusts will no longer be required to report most of the counter party data in the academies accounts return.

Transactions and balances with other academy trusts are still to be reported, but under a single counter party which will aggregate the sum of all balances with other academy trusts.

All other counter party reporting will not be required in the accounts return 2019/20 (for submission in January 2021). This is noted on the accounts return GOV.UK page.

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