Schools have now received an AnyComms pre-populated form to allow the return of the deficit or surplus balance reporting task. This task is due for return on 1st April 2025.
Guidance on how to complete this task is provided below, or on the Budgets web page of the Schools Finance website, via the following link: Budgets – Support for schools and settings
Deficit/Surplus Balance Reporting
An AnyComms pre-populated form will also be used to collate school returns for this task. Please review the form and answer all questions, once complete, please return via AnyComms. This is to be returned to us by 1st April 2025.
We will require an detailed explanation for Deficit/Surplus Balances that fall within the following thresholds. Please record your cumulative deficit/surplus balance on the return:
- Surplus balances that are 5% or more of delegated resources (School Budget Share) for Secondary schools or 8% or more for Special and Primary schools. There will be no requirement to report where the balance is less than £50,000.
- Any Deficit balance. If for whatever reason a school has a deficit balance at the end of a financial year, the deficit should be treated as a charge against the school’s budget share for the following year.
- Numeric values must be entered as whole numbers only, no decimals.
Note: If you are part of a single budget federation, only the hub school will receive a pre-populated form for completion.
Please take a print screen/PDF copy of your entries prior to submission to ensure you have a copy for your records.
If you do not receive an AnyComms pre-populated form for deficit/surplus balance reporting, please let us know via our mailbox: financeschools-mailbox@devon.gov.uk