General 171: Fraudulent Invoices to Schools

We have recently been made aware of an incident where a school has received an invoice purporting to be from one of their regular suppliers. Fortunately, due to the school’s vigilance, they spotted that the bank details had been amended …

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Governance & Compliance 73: Item Code 9174 & CFR Heading I18 Amendments

In-Year updates have been made to CFR Heading I18 – Additional Grant for Schools. Please review the Consistent Financial Reporting (CFR) document linked below.

Item Code 9174 has been allocated under the I18C CFR subheading, wording as below:

I18C –

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Funding 64: School Funding Consultation 2022/23 – Deadline for Responses – Sunday 17th Oct 2021

Schools Funding Consultation 22-23.

This is a reminder for schools that the Consultation 2022-23 documents are available on the Education Finance web pages: Consultation Website

Please complete the response form, located under the heading ‘Consultation Responses’ no later than 11.45

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Funding 63: School Funding Consultation 2022/23 – Responses by 17th Oct 2021

Schools Funding Consultation 22-23.

An error has been identified in the schools consultation response form which has meant schools completing for MAT / Federation were in a loop and unable to give responses to the questions. This matter has been …

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General 170: Revenue Team E-Return Form Development – Call for volunteer schools

As part of our journey to increase the efficiency and effectiveness of allocating income to schools, we will be looking to develop and introduce a e-return form. This form will allow schools to complete bulk income sheets online rather than …

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Funding 62: Consultation – Schools Funding Arrangements 2022-23

Please be advised that the Consultation 2022-23 documents are now live for review via the Education Finance web pages: Consultation Website

Consultation – Virtual Meetings

Booking will now close on Tuesday 5th October 2021

Online bookings can be made via …

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Administration 91: Updated – Integrated Curriculum Financial Planning (ICFP) Tool

The ICFP (Integrated Curriculum Financial Planning) tool for Primary & Secondary Schools has been updated and now includes a formal layout to enable schools/federations to complete their class structure. If you are completing a FIPS (Financial Intervention Panel for Schools) …

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Governance & Compliance 72: VAT Temporary Reduced Rate Increase to 12.5% From 01/10/2021

From 1st October 2021, VAT chargeable on supplies of holiday accommodation and hospitality /catering (i.e. the sale of food and non-alcoholic beverages for consumption on the premises) will be temporarily changed to 12.5%. This rate will apply for 6 months, …

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Funding 61: Consultation – Schools Funding Arrangements 2022-23

In 2022-23, as in previous years, the local authority will continue to set a local schools funding formula, in consultation with its schools, under what is known as a ‘soft’ National Funding Formula (NFF).  The government are currently seeking views …

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Administration 90: Reminder – Schools Mutual Fund Coverage relating to the Covid-19 Pandemic

Covid-19 Cover

This is a reminder to our Schools Mutual Fund members that the fund allows for Covid-19 related claims, including the following:

Covid – Self Isolation

Covid – Shielding

Covid – Positive Case

Covid – Long Covid Symptoms

In …

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