The government have provided updates on free school meals during COVID-19. Here’s what you need to know.
It may seem a while off, but if you want to meet the deadline for submitting your School Financial Value Standard (SFVS), it is time to start preparing.
The deadline for submission may vary depending on your local authority, please check the date they expect to receive your completed form.
Financial benchmarking can be a valuable process as it enables comparisons of income and expenditure with other schools and academies. With this comparison you will then be able to consider how your resources can be used more efficiently and identify areas of improvement that may be required.
In the current climate, you may find it difficult to obtain extra funding, but we have some good news. The Department for Business, Energy and Industrial Strategy (BEIS) has launched the Public Sector Decarbonisation Scheme which will provide £1bn of grant funding. Do not miss out on this opportunity to fund your school’s energy efficiency projects!
The DfE have announced a new pot of funding available for schools and academies to order laptops and tablets for children who can’t attend school due to COVID-19 restrictions. Read our blog to find out what your school is entitled to and how to place an order.
It can often be a difficult process to receive funding for various departments in your school, academy, or MAT however there are a couple of non DFE grants currently available as a top up to your standard funding streams.
If you’re looking for additional funding to support your school and enhance the learning experience for your pupils, this post can point you in the right direction to achieve this.
During the current COVID-19 pandemic, many schools are concerned about the impact on pupils who are eligible for benefits-related free school meals.
Even though the majority of schools are currently closed, the DfE have announced that schools should continue to support these children with the benefit of free school meals.
It can often be frustrating when attempting to navigate the varying funding sources available for projects you wish to undertake within your schools and colleges. If you are a special school or a college, you can now apply for a grant through the Wolfson Foundation’s Funding for Special Schools and Colleges grants programme.
Your accounting software is one of the most important tools in your arsenal when it comes to making key strategic and operational decisions. It not only performs the function of paying suppliers and raising sales invoices, it also acts as your primary system for monitoring all income/expenditure and when utilised to its full potential ensures compliance with statutory reporting as well as being the key control over your financial assets. Having the right system in place and ensuring it is maintained regularly will pay dividends, both in terms of efficient use of available resources as well as offering peace of mind that the financial information being presented to stakeholders is accurate.
With the ever-growing requirements of financial reporting in education, it is crucial that your accounting software not only offers a wide range of reports, but that the reports are up to date and reflect a true and fair position.
Effective internal controls are also essential to enable different levels of access to support the segregation of duties. It is key that the right parts of the system are only available to the right people.