There are two types of sponsorship payments for academies: “Traditional Procurement” and “Endowment Model”. In the case of “Traditional Procurement Academies”, the timing of the receipt of cash sponsorship varies from academy to academy and is agreed as part of the funding agreement between the Department and the academy. In the case of the “Endowment Model”, receipts commence only after the academy has opened, and usually over a period of five years. Payments are not required on an annual basis and the question has therefore been answered as set out below.
The answer contains two tables. The first, headed “Traditional Procurement Academies” shows for each academy where sponsorship is a contribution to capital costs, the total pledged, the amount for which the Department has evidence of receipt, and the amount still expected. In some cases further sponsorship payments may have already been received by the academy trust but not yet reported to the Department. The second table, headed “Endowment Sponsorship Academies” shows for each academy where sponsorship is in the form of contributions to an endowment fund, the amounts pledged, the amounts reported so far to the Department as received and the amount still expected. As with the first category, there may be cases where further sponsorship has already been received by the academy trust but not yet reported to the Department.
£000 Academy Total sponsorship pledged Total confirmed capital contribution from sponsor as at 24 October 2009 Amount still expected Manchester 2.00C 1,614 386 Lambeth 2,000 2,000 0 Northampton 2,000 1,648 352 Paddington1 1,500 642 858 Salford1 1,600 214 1,386 Barnsley1 1,500 27 1,473 Walthamstow1 1,500 27 1,473 Sheffield Springs 1,500 1,500 0 Sheffield Park 1,000 1,000 0 Stockport1 1,500 202 1,298 Manchester William Hulme1 950 0 950 North Oxfordshire 1,500 1,536 -36 Swindon 1,500 300 1,200 Peckham 2,000 2,986 -986 Harris Academy South Norwood 2,000 250 1,750 Harris Bermondsey 1,500 493 1,007 Harris Merton 500 0 500 Harris Girls—East Dulwich 500 0 500 Harris Boys—East Dulwich 1,000 0 1,000 Harris Crystal Palace 1,000 0 1,000 The King’s Academy 2,000 2,006 -6 Trinity, Doncaster 2,000 2,000 0 Bede Academy 1,500 0 1,500 Haberdashers’—Hatcham 705 705 0 Haberdashers’—Knights 296 296 0 Marlowe 2,735 2,735 0 Folkestone 2,250 1,516 734 Walsall 2,500 2,565 -65 Sandwell 2,794 2,743 51 Telford Madeley 2,000 1,000 1,000 Grace, Solihull 2,000 2,000 0 Coventry Grace Academy 2,000 0 2,000 Enfield 2,000 308 1,692 OASIS—Immingham 2,000 0 2,000 OASIS—Wintringham 2,000 0 2,000 Burlington Danes 1,500 1,500 0 Lambeth 2 Evelyn Grace 2,500 1,000 1,500 Southwark 4 Globe 1,500 1,000 500 Westminster King Solomon 1,500 1,500 0 Bexley 2,410 2,462 -52 Greig 2,000 1,930 70 Unity 2,000 1,948 52 Capital City, Brent 2,000 1,993 7 City of London Southwark 2,000 2,000 0 City Academy, Bristol 2,499 1,670 829 West London, Ealing 2,000 2,000 0 London, Barnet 1,500 1.49C 10 Mossbourne 2,150 1,745 405 Stockley 2,000 1,952 47 St. Francis of Assisi 2,000 1,187 813 The Harefield 1,500 696 804 Dixons CTC 651 975 -324 David Young, Leeds 1,500 1,000 500 Westminster 1,500 1,200 300 Thomas Deacon 2,000 1,970 30 St. Paul’s—Greenwich 2,000 200 1,800 John Madejski, Reading 2,000 2,000 0 The Bridge, Hackney 2,000 2,001 -1 Samworth Enterprise 2,443 2,063 380 Petchey 2,000 2,024 -24 North Liverpool 1,000 1,000 0 Bradford Cathedral 1,000 0 1,000 Macmillan 1,250 450 800 Djanogly 0 0 0 St. Matthew Lewisham 2,100 2,100 0 Slough Langley 2,033 2,033 0 Leigh Technology 2,275 2,275 0 St. Mary Magdalene—Islington 2,000 1,500 500 Bristol—Withywood 2,000 2,000 0 Newcastle Excelsior 2,000 2,459 -459 Corby City 2,000 2,000 0 Ashcroft Technology 960 860 100 Landau Forte College 460 462 -2 Q3—Sandwell 2,000 750 1,250 The Chelsea Science Academy 4,000 2,000 2,000 Brooke Weston 468 423 45 John Cabot 378 317 61 Liverpool Belvedere 1,102 1,102 0 City of London KPMG Academy 2,000 2,000 0 Islington—COLA (I) 2,000 2,000 0 Sandwell—RSA 1,500 0 1,500 Darwen Aldridge 2,000 0 2,000 Wren Academy (Barnet) 500 500 0 JCB Academy 1,750 50 1,700 Kingshurst 1,338 0 1,338 Bacons 0 0 0 Hereford Steiner 918 0 918 St. Mark’s Academy—Merton 533 0 533 Hammersmith and Fulham 1,000 0 1,000 Gateway (Thurrock) 0 0 0 1 Sponsorship pledged is based on ‘reasonable endeavours’.
£ Academy Total pledge Actuals paid Amount still expected Barnfield South Academy 2,000,000 100,000 1,900,000 Barnfield West Academy 2,000,000 100,000 1,900,000 St. Aidan’s CE Academy ( Eastbourne) 1,500,000 0 1,500,000 George Salter Collegiate Academy 1,500,000 0 1,500,000 Havelock Academy 2,000,000 500,000 1,500,000 Marsh Academy 850,000 750,000 100,000 New Line Learning Academy 1,500,000 650,000 850,000 St. Michael and All Angels CE Academy 2,000,000 500,000 1,500,000 Spires Academy 500,000 0 500,000 Walworth Academy 1,500,000 0 1,500,000 Abraham Darby Academy 750,000 0 750,000 Academy 360 2,250,000 2,000,000 250,000 Archbishop Sentamu Academy 250,000 0 250,000 The Hereford Academy 1,500,000 0 1,500,000 New Charter Academy 2,000,000 2,000,000 0 Oasis Academy Bristol Hengrove 1,500,000 0 1,500,000 Oasis Academy Media City: UK Salford 1,500,000 0 1,500,000 Priory Federation of Academies 2,000,000 0 2,000,000 Richard Rose Federation 2,000,000 0 2,000,000 RSA Academy at Tipton 1,500,000 0 1,500,000 Samworth Church Academy, Nottingham 1,500,000 0 1,500,000 St. Lawrence Academy 750,000 0 750,000 West Lakes Academy 2,000,000 0 2,000,000 All Saints 750.000 0 750.000 Castle View Enterprise Academy 1,350,000 0 1,350,000 Droylsden Academy 2,000,000 0 2,000,000 Fulwood Academy 2,000,000 0 2,000,000 Milton Keynes 2,000,000 500,000 1,500,000 Northumberland CE Academy 1,500,000 0 1,500,000 Nottingham Academy 500,000 0 500,000 Nottingham University Samworth Academy 2,000,000 0 2,000,000 Red House Academy 1,250,000 1,000,000 250,000 Strood Academy 500,000 0 500,000 University Chester Church of England Academy 100,000 0 100,000 1 Figures are based on each academy’s latest annual accounts (which were as at 31 August 2008).