Guidance
Managing academy trust reserves
A good-practice guide to help academy trusts manage their reserves and create robust reserves policies.
Applies to England
Documents
Details
This good-practice guide is for:
- academy trustees
- accounting officers
- chief financial officers
- governance professionals
- external auditors
It does not replace or modify any requirements in the:
Updates to this page
Published 23 October 2024
Last updated 2 June 2025
show all updates
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Updated to reflect the requirements in the reserve details section of the 2025 Budget Forecast Return. Added that trusts should review bank accounts and interest rates to the 'Considerations for the board' section.
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First published.