logo-education
0370 270 6000

already registered?

Please sign in with your existing account details.

need to register?

Register to access exclusive content, sign up to receive our updates and personalise your experience on brownejacobson.com.

Privacy statement - Terms and conditions

Kids Company - lesson for academies

1 August 2017

The recent notification from the Insolvency Service that they intend to prosecute the previous trustees of Kids Company shows that simply because the role is voluntary does not mean that there will not be real world consequences to not fulfilling the responsibilities of the role. All nine of the final directors, plus the former chief executive, who the Insolvency Service will argue was a ‘de-facto’ director, will be prosecuted in the High Court. This follows an investigation by the Insolvency Service.

Whilst academies have a more predictable income stream making them less prone to sudden collapse as Kids Company did, trustees of academies need to be aware of the potential consequences for them personally of failing to manage the trust’s budget or failing to follow companies legislation. The importance of getting advice at an early stage when financial or regulatory issues are presented cannot be understated.

related opinions

Government announces ten-year programme of school rebuilding

Ambitious funding plans, announced recently by the Prime Minister, have made clear that spending on school buildings is seen as a key element of efforts to stimulate the economy post-COVID.

View blog

Levelling Up – What now for education policy?

Following the Conservatives’ election victory in December the new government will be able to implement their election manifesto in full.

View blog

General election 2019 - implications for schools

Parliament has announced that a general election will take place in the UK on Thursday 12 December 2019. Schools are popular places for polling stations and whilst some larger schools are able to continue to operate on election day, many smaller schools are forced to close.

View blog

Admission policies may confuse disadvantaged families

In the run up to the deadline for completing the application form for secondary admissions for September 2020 entry, the Good Schools Guide has reported that some admission policies for state funded schools may confuse parents who are less affluent, work at weekends or have English as an additional language.

View blog

mailing list sign up



Select which mailings you would like to receive from us.

Sign up