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Academies Benchmark Report

Academies Benchmark Report2022 Introduction 4 Key Highlights 5 Reflections & Future Trends 6 Authors & Contributors 81. Financial Position 102. Governance 153. Multi-Academy Trusts 194. Income 245. Costs 296. Balance Sheet 347. Internal Audit & Risk Management 39 AppendicesDefinitions 44 Benchmark Analysis Data 46 Kreston Academies Group 50 ContentsIntroduction:Pam Tuckett Chair - Kreston Academies GroupPartner and Head of Academies Bishop Fleming LLP2022 Academies Benchmark ReportIt is with great pleasure that we present our 10th Academies Benchmark Report . This year the Report includes over 300 Trusts representing over 1,500 schools. What a year it has been! We have seen more of the same, but also some new twists and turns that the sector has once again dealt with brilliantly.

2022 Academies Benchmark Report. Record financial performance. Our 10th annual survey of over 300 Trusts representing . over 1,500 schools has reported record surpluses, buoyed . by substantial Covid-19 financial support, resulting in . even stronger Trust financial health than before. But what lies ahead?...With Covid-19 here to stay, what

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