Why new DfE statistics may be concealing the number of academies in financial difficulties

Date: 16.08.2018


  • New statistics on the balances of academy trusts in 2016/17 have been published by the Department for Education this week.
  • Rather than examining the number of individual academy schools in financial surplus or deficit, the analysis assesses the overall financial status of academy trusts.
  • This means that if an academy is in financial deficit, but the trust it is in is overall in surplus, then this individual academy school is also deemed in surplus.
  • Such an approach misrepresents the number of academies that are in financial difficulties.