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Policies and Statutory Information

Statutory Information

Financial Statements

The Annual Report and Financial Statements for The Howard Academy Trust are published yearly on completion of an external audit. 

The latest audited accounts are available below for the year ending 31 August 2023.

Gender Pay Gap

The Howard Academy Trust are required by law to carry out Gender Pay Reporting under the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017.

The Trust have carried out six calculations that show the difference between the average earnings of men and women in our organisation; it will not involve publishing individual employee’s data.

We are required to publish the results on our own website and a government website. 

We can use these results to assess:

  • the levels of gender equality in our workplace
  • the balance of male and female employees at different levels
  • how effectively talent is being maximised and rewarded.

The challenge in our organisation and across Great Britain is to eliminate any gender pay gap.

Executive Pay

In accordance with the Education & Skills Funding Agency’s (ESFA) Academy Trust Handbook 2023: (2.29) The trust must publish on its website in a separate readily accessible form the number of employees whose benefits exceeded £100k, in £10k bandings, for the previous year ended 31 August. Benefits for this purpose include salary, employers’ pension contributions, other taxable benefits and termination payments. Where the academy trust has entered into an off-payroll arrangement with someone who is not an employee the amount paid by the trust for that person’s work for the trust must also be included in the website disclosure where payment exceeds £100k as if they were an employee

The Howard Academy Trust - Company Registration No: 09175427 (England and Wales) Annual Report and Accounts for the year end 31 August 2023.

Number of employees whose benefits exceeded £100K (including pension costs) as at 31 August 2023 was:

Salary Band Of which is pension contribution Remuneration
£100k-£110k Including pension contributions of £15-£25k 2
£110k-£120k   0
£120k-£130k Including Pension contributions of £20k-£30k 1
£130k-£140k   0
£140k-£150k   0
£150k-£160k   0
£160k-£170k Including pension contributions of £30k-40k 1

 

 

 

 

 

 

*N.B. Of the four employees, 3 out of 4 received a taxable benefit of subsidised private healthcare with the taxable benefit being less than £100 for the year. This is reflected in the salary bands above. The employee who did not receive subsidised private healthcare in is the £100k-£100k band.

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