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  • The UK's leading law firm for school to academy conversions

  • School to Academy is a division of BHW Solicitors and has an unrivalled track record of providing the best legal and strategic advice to the education sector for school to academy conversions.
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What happens if the academy gets into financial difficulty?

Posted by School to Academy on .

The Funding Agreement requires an academy to maintain strict budgetary controls and balance their budgets. The YPLA monitors the financial position of academies on behalf of the Secretary of State and if a deficit occurs or appears likely then it will intervene and work with the academy to find an appropriate solution to balance the budget.

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