PARLIAMENTARY WRITTEN QUESTION
Department for Education: Interserve (10 December 2018)

The Education and Skills Funding Agency (ESFA) undertakes a financial health assessment, using the latest set of financial statements, or equivalent, on all training providers who hold a contract with the ESFA. The assessments are on a rolling programme when new financial statements are produced for these organisations. Organisations are required to submit their financial statements as and when they become available, but no later than nine months after their period end date.

Following the assessment process a financial health grade is awarded, in line with our published guidance.