Funding Agreement
What is a Free School?
- An Academy created under Academies Act 2010
- An school independent of a local authority operated by an “academy trust”
- A company limited by guarantee
- A charity which is exempt from registration with the Charity Commission
- A school which receives capital and revenue funding by the DfE
- A Free school is a company governed by:
-articles of association
-a funding agreement
-education legislation