Haberdashers' Aske's Federation Trust

(asked on 17th July 2014) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, for what the money defrauded from the Haberdashers' Aske's Federation Trust was intended to be used; and from which school's budget that money was taken.


Answered by
Edward Timpson Portrait
Edward Timpson
This question was answered on 22nd July 2014

The Haberdashers' Aske's Federation Trust retains income to cover the costs of central services, which are attributable to all academies within the multi-academy trust. In 2012/13, this equated to £2.16 million.

For the years in question, the amounts defrauded from the Trust were:

2010-11 £1,047,788 (3.33% of income)

2011-12 £914,316 (1.66% of income)

2012-13 Nil

The CEO and Accounting Officer in 2010-2011 was Dr Liz Sidwell. In 2011-12 and 2012-13 it was Adrian Percival.

The funds defrauded from the Trust were intended to be used for educational purposes, in line with requirements in the funding agreement and academies financial handbook. The money was taken from the Trust’s overall budget.

The Trust notified the Department for Education of the fraud on 1 November 2012. Senior officials worked with the Trust immediately to assess its financial systems and risks. The Department has provided ongoing monitoring and support to ensure that the Trust has taken all appropriate actions.

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