Written question asked by Bob Russell (Liberal Democrat) on Wednesday, 3 February 2010, in the House of Commons. It was due for an answer on Monday, 8 February 2010. It was answered by Lord Coaker (Labour) on Tuesday, 9 February 2010 on behalf of the Department for Children, Schools and Families.

Academies Enterprise Trust

Question: (2) if he will list the salaries of (a) the Chief Executive and (b) other senior officials of the Academies Enterprise Trust in each of the last three financial years.

Answer: [holding answer 8 February 2010]: All Academy Trusts (which includes Charitable Trusts running more than one Academy) are required to publish annual accounts in accordance with the Companies Act 2006. The Charity Commission has published a ““Statement of Recommended Practice”” which clarifies how charities should prepare their accounts in order to reflect these legal requirements. The Statement of Recommended Practice states that charities which are subject to a statutory audit should include a note in their accounts disclosing the number of employees whose emoluments were £60,000 or above, presented in £10,000 bandings. The Department expects Academy Trusts to comply with the ““Statement of Recommended Practice””.The Academies Enterprises Trust comprises Greensward Academy, Maltings Academy and New Rickstones Academy, which opened in September 2008 and Clacton Coast which opened in September 2009. For the Academies that opened in 2008, their first annual report and accounts will cover the period 1 September 2008 to 31 August 2009. The Academies Enterprise Trust was required to submit their accounts to the Department by 31 December 2009 for academies that opened in 2008. The accounts have been received by the Department but have not yet been finalised. Once finalised, they will be published on the Charities Commission's website.For the Clacton Coastal Academy, audited accounts are due to be with the Department by 31 December 2010.

Secondary information