Value for Money Statement Academy trust name: Kennet School Academies Trust Academy trust company number: 7543874 Year ended: 31 August 2014 I accept that as accounting officer of Kennet School Academies Trust I am responsible and accountable for ensuring that the academy trust delivers good value in the use of public resources. I am aware of the guide to academy value for money statements published by the Education Funding Agency and understand that value for money refers to the educational and wider societal outcomes achieved in return for the taxpayers’ resources received. During 2013-14 the Trust has developed and grown into a Multi-Academy Trust. The addition of Whitelands Park Primary School, an academy sponsored by Kennet School took place on 1st January 2014. I set out below how I have ensured that the Trust’s use of its resources for both schools has provided good value for money during the year. 1. Educational Outcomes from Teaching and Learning a. At Kennet School, the Ofsted Inspection in February 2014, clearly set a challenge for the school to improve the outcomes for two groups of children: pupil premium and school action. The school has created a stronger culture and climate focused on championing attainment across the whole school and for these two groups particularly. This has been achieved through changes to senior staff and their responsibilities and laser sharp intervention for vulnerable groups and those needing intervention and on-going support to secure their potential. The Summer 2014 results evidence that this is working. Pupils at Kennet are broadly in line with national averages for prior attainment but the GCSE results are consistently above national averages. In 2014, the school’s 5+A*-C including English and Maths outcomes improved by 5 percentage points and this was against a backdrop of a decline in national averages. For this same measure, the pupil premium cohort outcomes improved by 50%. The two groups identified by Ofsted as requiring improvement, pupil premium and school action have both now reverted to being above national average from being well below in 2013. b. At Whitelands Park Primary School, the Key Stage 2 results from Summer 2014 improved on 2013 and were well above the LA measures for all subjects except Reading. A particularly strong feature of these results were the school’s outcomes for its pupil premium children where there was no discernible gap. The school has taken great strides in school leadership, teaching, behaviour management and also in improving the physical learning environment and curriculum. All of these steps have proven that it is a school that is no longer under the shadow of its predecessor LA school that was placed in special measures or indeed the other adjoining catchment primaries in Thatcham. That said, much remains to be done. 2. Targeted Funding for Intervention The Trust receives substantial additional funding targeted to reduce the two key issues of prior attainment and material disadvantage. A high level summary is provided here as detailed reports required by the School Information Regulations 2012 are available on each school’s website. a. At Kennet School in 2013-14 there was significant groundwork in engaging with all our pupil premium families and building individual pupil challenge plans. Since the introduction of pupil premium the school has consistently invested funding in additional sets in English and Maths and the attainment in these subjects by our Year 11 pupil premium cohort demonstrates this to be good value. Alongside this more funding has been directed towards individual teaching interventions and music tuition and our early analysis after just one year has shown us that this is right and will receive more focus in 2014-15. In 2013-14 I also created and appointed to a special post, effective 1 st September 2014, a senior leader to provide challenge and support for our pupil premium pupils. This post will work with pupil premium pupils across the school with a very strong emphasis and focus on mentoring those in Year 11, particularly boys where there is still underachievement to be addressed. In terms of the catch up funding for our year 7 pupils, investment in the accelerated reader programme and kindles have reaped benefits with 85% conversion to level 4 on reading attainment. Further review of the support and software used in Maths has taken place as the equivalent conversion was only 55% and those pupils who did not achieve a Level 4 and are now in Year 8 are participating in our Catch Up+ programme. b. At Whitelands Park Primary School in 2013-14 there was significant investment in teaching and learning to support Key Stage 2 outcomes. With no discernible gap this has succeeded . In addition, the school has invested a significant sum in a new library and guided reading books as reading is a target area for improvement. 2 3. Collaboration a. Sponsor Relationship. The close working between Kennet and Whitelands Park has provided many opportunities for collaboration to the advantage of both schools both through economies of scale as well as shared knowledge and expertise. The main areas for 2013-14 have been specialist SEN support, ICT, finance, HR and governance. b. Feeder Primary Outreach. Kennet School hosts for its feeder primaries a number of master-classes for the more able pupils in its feeder primaries, music tuition and subject specific days. Outreach teachers also deliver a programme of teaching and curriculum support direct in each of the primary schools. This outreach teaching covers literacy, modern foreign languages, maths, music and PE. c. Other School 2 School Improvement and Support. Many members of school staff actively work with academies and LA schools on a regularly planned and ad-hoc basis across many levels, Headteachers, Head of Departments / 6th Form and Bursars. This collaboration is to share delivery, practice, benchmark and develop understanding. In 2013-14 this has included class size analysis to inform curriculum development across the school but particularly for Year 12 and 13 given the impact of the removal of 16-19 transitional protection. 4. Procurement Effective procurement practices means cost savings that can be reinvested back in the school and goods and services that deliver what the school needs effectively. Savings have been achieved in 2013-14 in the areas listed below. a. Internet provision. b. Grounds maintenance. c. Insurance and audit costs for the multi-academy trust. d. Catering, in particular the cost of free school meal provision for the primary school which has reduced by 25p per meal. e. Paper. 5. Community Use School facilities are made available to hire as much as possible. This is to maximise income generation but also to provide facilities for a wide range of activities that are easily accessible to our local community. There has been an increase in use in 2013-14 with new use including a cookery workshop by the local foodbank, sequence dances, guitar building workshop and a professional cheerleading group. 3 6. Financial Governance and Oversight I have a very strong oversight of the Trust’s finances and I am supported in that by directors with financial skills and expertise. Collectively we have the responsibility and commitment to securing the on-going sustainability of the Trust in the face of tightened funding and increased cost pressures from changes to the teachers’ pension scheme and the impact on national insurance contributions from the removal of the contracted out pension rebate. Actions identified for 2013-14 are to further rebalance spending of pupil premium grant in support of teaching and learning, developing further the evidence and impact of targeted funded intervention, to develop our curriculum provision for 2015-16 and to review the administrative tasks undertaken in school to improve the efficiency of our communications with parents. Signed: P G Dick Name: P G Dick Academy Trust Accounting Officer Date: 5 December 2014 4