Khalid Mahmood – 2014 Parliamentary Question to the Department for Education

The below Parliamentary question was asked by Khalid Mahmood on 2014-04-08.

To ask the Secretary of State for Education, if he will direct the Park View Educational Trust to disclose the sources of other income, donations or fundraisers as identified in their accounts.

Mr Edward Timpson

Under the terms of their funding agreements with my Rt. Hon. Friend, the Secretary of State for Education, all academy trusts are required to prepare annual financial statements in accordance with company, charity and public accountability requirements. Academy trusts are required to have their financial statements audited by a registered auditor, including the regularity of income and expenditure. Disclosure requirements are set out in the Academies Accounts Direction, which is available at:

www.gov.uk/government/publications/academies-accounts-direction-2013

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