Academy Ambassadors Board Event
Academy finances and the board role in financial stewardship
David Earnshaw – Chair Sir Michael Wilkins – Academy Principal and Chief Executive Martyn Oliver - Designate Chief Executive Officer
Outwood Grange Academies Trust Outwood Grange Academy, Wakefield Outwood Academy Acklam, Middlesbrough 15,000 students Outwood Academy Adwick, Doncaster Outwood Academy Brumby, Scunthorpe Outwood Academy, Bydales, Marske-on-Sea 2,500 staff Outwood Academy City, Sheffield Outwood Academy Foxhills, Scunthorpe Outwood Academy Newbold, Chesterfield £98 million Outwood Academy Ormesby, Middlesbrough Outwood Academy Portland, Worksop revenue Outwood Academy Ripon Outwood Academy Shafton, Barnsley Outwood Academy Valley, Worksop £500 million Outwood Primary Academy Kirkhamgate, Wakefield public assets Outwood Primary Academy Ledger Lane, Wakefield Outwood Primary Academy Lofthouse Gate, Wakefield Carlton Community College, Barnsley Education Partner, Humber UTC The whole point of schools is that children come first… …and everything we do must reflect this single goal Can you claim to have good governance if your results are poor?
Relentless focus on outcomes for students….
“Be forensic in your analysis and laser-like in your intervention”
The Outwood Grange Family of Schools Outwood Grange Academies Trust Results 2015
Academy Results 2015 % 5+ A*-C English Maths 3 LoP 3 LoP 2014 -> 2015 5+ A*-C increase (Y11 KS2 APS) 5+ A*-C inc E&M inc E&M A*-C A*-C English Maths 5+ A*-C inc E&M since joining (Nat 2014 27.6) on arrival OGAT
Outwood 85% 38% 87% 94% 91% 93% +5% +47% Grange (2002) Academy (28.3) RI Outwood 63.4% 35% 69% 76% 71% 75% +6% +28% Academy Adwick (2009) (26.0) SM Outwood Academy 80% 48% 81% 91% 83% 99% +17% +32% Ripon (2010) (27.5) RI Outwood Academy 80% 41% 92% 84% 93% 85% +3% +39% Portland (2011) (27.1) SM Outwood 76% 43% 84% 82% 88% 74% +3% +31% Academy Valley (2011) (27.3) SM
Outwood 54% 32% 73% 66% 80% 68% +8% +22% Academy Acklam (2013) (25.6) SM Outwood 58% 33% 68% 69% 70% 62% +1% +25% Academy Brumby (2013) (27.1) SM
Academy Results 2015 % 5+ A*-C English Maths 3 LoP 3 LoP 2014 -> 2015 5+ A*-C (Y11 KS2 APS) 5+ A*-C inc E&M inc E&M A*-C A*-C English Maths 5+ A*-C inc increase since (Nat 2014 27.6) on arrival E&M joining OGAT
Outwood 68% 40% 82% 72% 83% 72% +14% +28% Academy City (2013) (26.9) SM Outwood 50% 24% 67% 62% 74% 60% +8% +26% Academy Foxhills (2014) (25.8) SM Outwood Academy 73% 55% 77% 86% 81% 84% +18% +18% Bydales (2014) (27.6) SM Outwood 45% 28% 53% 58% 66% 52% +17% +17% Academy Shafton (2014) (26.3) SM Outwood Academy 60% 40% 71% 80% 66% 77% +20% +20% Newbold (2014) (27.5) SM Carlton 52% 29% 63% 63% 71% 57% +23% +23% Community College (2014) (26.9) SM
You need a model…
The Seven Strand Change Model©
1. Leadership with vision and efficacy (Deeps) 2. Quality in the classroom (Ofsted Criteria) 3. Curriculum design 4. Monitoring and intervention (4XI model) 5. Systems and policies (LfL,Con,CLFP, New Day) 6. Targeted professional development 7. Praise culture for staff and students Developing a curriculum which is fit for purpose and monitoring and controlling structural costs Due diligence- Securing financial stability for the future… …Curriculum-Led Financial Planning Cost per lesson (£1,971) Curriculum bonus (£240,349) Average teaching load (17.8) Average salary costs (£49,267) Support staff costs (16.3%) Current deficit (~£540,000) Falling rolls (-£200,000) Diocese (-£200,000) Off-site provision (£190,000) Budget deficit Curriculum Led Financial Planning Academy/School Teaching Staff Saving Support Staff Saving TOTAL SAVING
Carlton Community College £222,481 £203,542 £426,023
Outwood Academy Shafton £683,568 £488,602 £1,072,170 Productivity Outwood Academy Newbold £261,578 £252,901 £514,479 Outwood Academy Acklam £1,492,586 £854,975 £2,347,561 model Outwood Academy City £670,287 £311,728 £982,015 Outwood Academy Foxhills £403,881 £207,545 £611,426
Outwood Academy Adwick 2014 - £94,179 2013 - £22,616 £273,699 Putting the 2015 - £156,904 plug in bath… Outwood Academy Brumby 2014 - £85,617 2012 - £68,339 £294,324 2015 - £95,887 2014 - £44,481
Outwood Academy Valley 2011 - £596,537 2013 - £115,898 £843,189 … Curriculum 2015 - £130,754
Led Financial Outwood Academy Portland 2011 - £1,218,840 2011 - £272,378 £1,829,859 Planning 2012 - £170,905 2013 - £167,736 (CLFP) Outwood Academy Ripon - £110,589 £110,589 Outwood Grange Academy £369,165 - £369,165
Outwood Academy Bydales £130,754 £167,392 £298,146 TOTAL SAVINGS £6,780,926 £3,191,719 £9,972,645 Covering the Central Costs- Delivering Standards
• The charge made to academies within the Trust, or the “Levy”, OGAT charge 5% levy (average 4.4%) • Additional charge made for Director Deployment at actual cost – deployment led by Executive • This needs careful tracking within your finances – treat just like an Academy Budget e.g. budget holders, reporting, delegation Obsessive about outcomes
Results day Board Meeting (ROI) OnceTackling you have got your finances underBudgets control …
… your total focus is on teaching and learning To improve children’s life-chances …to improve life-chances It is always about…
…STUDENTS FIRST