Guidance

Academies budget forecast return

Information to help academy trusts submit their budget forecast return to the Education and Skills Funding Agency.

From:
Education and Skills Funding Agency
Published
28 February 2018
Last updated
273 JulyMay 20222023 — See all updates

Applies to England

Academies budget forecast return

The academiesdeadline for the budget forecast return (BFR) deadline,is 2631 JulyAugust 2022,2023, has now passed. For the academy trusts still complete their return, please use the link below:

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Academies budget forecast return background

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  • Sep 2021 to Mar 2122 and Apr 2122 to Aug 2122 (part pre-populated from previous BFR return)
  • Sep 2122 to Mar 2223 and Apr 2223 to Aug 2223
  • Sep 2223 to Mar 2324 and Apr 2324 to Aug 2324
  • Summary forecasts for Sep 2324 to Aug 2425
  • Summary forecasts for Sep 2425 to Aug 2526

To find out more about how to use the BFR online form, use the link below for detailed guidance.

Guide for the using the academies budget forecast online form

There are 2 versions of the Excel workbook to help you prepare your BFR, these both include the new section introduced last year for academy trusts with revenue balances of 20% or more as at August 2022:2023:

  • a single-page version
  • a multi-page version structured to look like the online form

Both versions have the same questions and validations contained within the online form.

BFR 2022:2023: single page workbook

XLSM, 250245 KB

BFR 2022:2023: multi-page workbook

XLSM, 285290 KB

In-year academy transfers

Your BFR return must reflect any academies transferring in or out of your trust. The table below shows what you need to include in your BFR based on the month of transfer:

Month of transfer Academy leaving a trust Academy joining a trust
September 20212022 No action required BFR to include actuals and forecasts for the academy joining the trust
October 20212022 to April 20222023 BFR to include actuals up to the point of transfer and remove from that point onwards BFR to include actuals and forecasts from the date of transfer
May 2022to2023 to August 20222023 BFR to include actuals to the point of transferring and remove forecasts from then on BFR include forecasts from the point of transfer
September 20222023 onwards BFR to include actuals and forecasts up to the point of transfer and remove forecasts from then on BFR to include forecasts from September 20222023 onwards

Access to your BFR online form

The budget forecast return online form uses the IDAMS registration service. Academy trusts must be registered and set up to use the service before they can access the form. Please read this guide on how to register and set up the online forms for the BFR.

Contact us

You can contact us using our online enquiry form below. Please put ‘academies budget forecast returns’ at the top of your enquiry so we can quickly respond to your query.

ESFA enquiries

For all enquiries for the Education and Skills Funding Agency

We are also holding regular question and answer sessions throughout the BFR collection window. These sessions are voluntary and are aimed at any academy users who would like to speak to us about your BFR.

DateTime
20 June 202310:30
27 June 202310:30
4 July 202310:30
11 July 202310:30
18 July 202310:30
25 July 202310:30
1 August 202310:30

We will add joining instructions for the MS Teams call before go-live.

Published 28 February 2018
Last updated 273 JulyMay 20222023 + show all updates

  1. We've added details about the BFR deadline for this year, 31 August 2023, including updated guidance and supporting information.

  2. The academies budget forecast return has passed, please submit your return as soon as possible if you've not already done so.

  3. Updated the duration details for the weekly sector calls and webchats.

  4. The weekend service update was successful and the budget forecast form is accessible again from the dashboard.

  5. The online form for the academies budget forecast return is now live. The deadline to complete and submit the return is 26 July 2022.

  6. We have updated this page with new versions of the Excel workbooks to include the extra questions for academy trusts with a revenue balance of 20% or more.

  7. We have uploaded 2 Excel workbooks to help users prepare for the online BFR collection in June. There is a new multi-page workbook that mirrors the layout of the online form.

  8. We have updated this page with information that academy trusts are no longer required to submit a separate budget forecast return outturn.

  9. The BFR deadline has now passed, it was 27 July 2021.

  10. We've updated the Excel workbook as older versions may have a bug on BFR line 365 on the BFR suite tab and lines 6 and 7 on the Trust Validation Table. If you have any queries about this, please us refer to the "Help with your BFR" section for how to contact us.

  11. The academies budget forecast return is now open - please complete your return by the deadline, 27 July 2021.

  12. The excel workbook has been updated based on user feedback.

  13. We have published the Excel workbook for the academies budget forecast return (BFR) to help users prepare their return later in the year.

  14. We have updated this page to include information about how to complete your budget forecast return if you have academies transferring in or out of your trust.

  15. We have updated this page with information about a single BFR return this year, which will combines both the BFRO and the BFR3Y into a single online form. The combined form will go live in June 2021 with a deadline 27 July 2021. We will publish the Excel workbook for trust's to use in due course.

  16. The BFR3Y deadline has passed - if your academy trust has not yet completed your return please do as soon as possible.

  17. The BFR3Y is now live, please see this webpage for details about the financial return and the BFR3Y login link.

  18. We have added Skype dial-in details for the BFR3Y collection period and published the BFR3Y online form guidance - the form will be available from 8 July 2020 with a deadline of 29 September 2020.

  19. We have published new details about the BFR3Y financial return including an extended deadline, 29 September 2020.

  20. Page updated to confirm that academy trusts are not required to submit the budget forecast return outturn (BFRO) this year.

  21. Updated to include the details for the BFRO collection as well as the BFRO excel workbook.

  22. Updated to remove information about the in-year budget forecast return for new academies as this is no longer required.

  23. We have updated the page to include the latest information for the budget forecast return for new academy trusts and new academies only. We will write to those in scope for this return.

  24. Removed live link to BFR3Y form as submissions have now closed

  25. We have fixed the fault when users submit and get an error message - if you're still receiving this please let us know via the enquiry form on the webpage.

  26. There is a defect on the BFR3Y that is generating an error message on submission for some users. Please ignore this and we are fixing it this evening. Please see the webpage for more details.

  27. The budget forecast return three year forecast form is now live and ready for users to login to complete. The deadline for submission is 30 July 2019. We will holding weekly Skype calls with the sector - please see the website for further details.

  28. We have updated the excel workbook as we had been informed that a formula wasn't working properly. We have corrected and updated this version of the workbook.

  29. We have updated the budget forecast return three-year excel document with a revised version that reduces the amount of detail required for this return. We have made the line ref: 378 in the workbook inline with the last BFRO return.

  30. We have updated this page to include further details about the budget forecast return 3 year and to provide the excel template workbook to help trust's prepare for the return.

  31. Page has been updated with a link to the online BFRO form.

  32. Due to technical difficulties, the BFRO online form will now be available on Wednesday 10 April.

  33. The BFRO online form is now live. This page has been updated with a link to the BFRO online form and a PDF with updated guidance on completing the online form.

  34. We have updated the excel workbook guidance document for the BFRO form. The BFRO will open 9 April and has a deadline of 21 May 2019.

  35. Page updated with information and a link to the online form for the new academy budget forecast return (BFR).

  36. Updated information about academy budget forecast returns for new academies.

  37. Updated to add the link to the online form and the guide to completing the budget forecast return (BFR) 2018. The deadline for academy trusts to submit their completed BFR is 30 July 2018.

  38. We've published the BFR 3-year Excel workbook and guidance document for trusts to help them to prepare for their BFR return, the deadline is 30 July 2018. The form will go live on 21 June 2018.

  39. We have updated the page with a document explaining more about the BFR 3-year forecasts

  40. We have updated the budget forecast page with an introductory video to help explain all of the budget forecast returns that we collect.

  41. We have added a budget forecast return outturn guidance video to help users complete their return.

  42. Updated to include information about weekly BFRO Skype dial-ins for trusts that take place each Wednesday between 1pm and 2pm throughout April and May.

  43. Updated with the link and guide to completing the online form for the academies budget forecast return outturn, which academy trusts submit by Monday 21 May 2018.

  44. We have updated the academies budget forecast return outturn 2018 workbook templates.

  45. First published.

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