You are here:

  • Academies Financial Handbook: changes from September 2019 Read about the major changes that you should be aware of, including new requirements for audit committees and whistle-blowing procedures.
  • Finance report to governors What should be in the school's report to the finance committee? This article includes a KeyDoc template for finance reports to governors, which sets out the types of information governors should look for. We also refer to finance reports from schools and a case study on financial management in an academy.
  • Monitoring school finances: an overview How can we ensure effective monitoring of school finances? This article suggests strategies for ensuring and demonstrating effective oversight of school finances, including appointing link governors, creating a monitoring plan and benchmarking against other schools.
  • Pupil premium: ensuring value for money How can we monitor pupil premium spending? We relay guidance from one of our associate experts on how governors can monitor pupil premium spending. We also link to information and tools from Ofsted to help monitor the funding, and a case study from FASNA.
  • Pupil premium spending: report to governors Know what info to look out for in pupil premium reports from your school, so you can effectively monitor spending.
  • Risk registers: summary and guidance Don't know your risk register from your risk assessment? Are you sure you even need one? Learn all you need to know about risk registers here.
  • Schools Financial Value Standard (SFVS): summary and questions to ask Maintained schools must complete the SFVS annually. Here's a rundown of what it covers and how you're involved. Also find out what questions you can ask school leaders to make sure your school meets good financial standards.
Show all articles
Show all articles
12 articles
  • School budget
  • Show all articles
    • Efficient staffing budgets How can our school be more efficient with the staffing budget? The largest proportion of any school’s budget will be spent on staffing, so we look at how schools can achieve best value for money. We relay expert advice and refer to government guidance on how you might do this.
    • Governors and trustees supplying schools with goods or services Find out how to manage conflicts of interest if you’re purchasing a governor's goods or services. If you're an academy trust, you also have to manage related party transactions.
    • Pupil premium: spending Know what your role is in monitoring pupil premium spending, and get up to speed with the rules on what it should and shouldn't be spent on.
    Show all articles
    14 articles
  • School funding
    • Devolved formula capital (DFC) funding Devolved formula capital (DFC) is a source of capital funding for maintained schools and academies. Learn about how it's allocated and the rules your school needs to follow when spending it.
    • Free school meals: how are they funded? Mainstream schools should use their core budget allocations to provide FSM to pre-16 pupils, but the government has also introduced a FSM supplementary grant for 2018-19 and 2019-20. Find out the details about this grant and learn how FSM are funded in special schools and for post-16 pupils.
    • Funding for academies Learn how academies are funded, including information about the general annual grant (GAG) and the funding academies receive outside of the GAG.
    • Funding for pupils with SEN Get to grips with how pupils with special educational needs (SEN) are funded in your school.
    • Funding for pupils with SEN We explain how schools receive SEN funding in just one page. You can also download a copy of this QuickRead as a ready-made resource to share with colleagues.
    • Funding in academies Read our one-page summary of how academies are funded, and trustees' role in overseeing the financial performance of your school. Download a copy to share with your colleagues.
    • Funding in maintained schools Read our one-page summary of how maintained schools are funded, and your role in overseeing the financial performance of your school. Download a copy to share with your colleagues.
    • How maintained schools are funded: 2019 to 2020 Understand how funding is allocated in maintained schools. Be clear on other streams of funding including pupil premium, PE and sport premium, and universal infant free school meals.
    • National funding formula: a summary The national funding formula (NFF) has been introduced, with transitional arrangements currently in place. Learn which factors are included in the formula, and find out about the impact on schools.
    • Primary PE and sport premium Understand how the PE and sport premium for primary schools is allocated and find out how you can spend it. You'll also learn how your school is held accountable for its spending.
    • Pupil premium UpdatedSave time by reading our summary of the pupil premium in just one page. Download a copy to share with your governing board.
    • Pupil premium The pupil premium is additional funding for publicly funded schools in England to help raise the attainment of disadvantaged pupils. We've brought together useful articles and downloads to help you with your school's approach.
    • Pupil premium: eligible pupils UpdatedLearn which categories of pupils are eligible for pupil premium funding, and find out more about each category. These include 'ever 6 FSM', 'looked after children' and 'service children'.
    • Year 7 catch-up premium: cheat sheet Understand how the premium is allocated, what your school can use it for and how you’re held accountable for your spending.
    Show all articles