July Shorts


July Shorts

There have been a number of announcements these last few weeks – so here is your one stop source to all the information you need.

Pupil Premium

Detailed school and local authority level allocations, conditions of grant for pupil premium funding in the 2017 to 2018 financial year.

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Universal Infant Free School Meals

How much Universal Infant Free School Meals (UIFSM) funding schools receive.

Funding allocation for 2016-2017 → Funding allocation for 2017-2018 →

Academy Trust Financial Returns

Letter to academy trust accounting officers: June 2017

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Budget Forecast Return (Due 28 July)

Form and guide to help academy trusts submit their 2017 to 2018 budget forecast return (BFR) to the Education and Skills Funding Agency.

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Academy Accounts Return

Detailed guidance for academy trusts and auditors on preparing and auditing academy trusts’ annual financial statements.

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Teachers Pay Body Review

Pay rises for teachers will remain capped at 1 per cent on average in 2017-18, the government has confirmed. (Final pages of the report contains recommended pay structure)

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If you have any questions regarding any of the above please speak the Finance Service Desk on 0345 222 1551 • Option 2

Tempus Fugit

Time Flies! Its July already and time to dust off the trophies for sports day, get out the tombolas for the summer fete and say good bye to staff leaving at the end of term. There will be transition days too, something that is now effecting the whole country. In this week’s blog we look […]


One Stop For Latest Finance News

A new place for the latest news. Regular readers of the SBS Finance Blog will have noticed that the blog is now available within the main School Business Services website. We will continue to provide the same summary of news from the education sector as it affects your finances. However, why not look at the […]


May the Fourth Be With You!

This blog is being published on ‘Star Wars Day’. In a few days’ time our opinion will be sought on which empire returns to No. 10 and whether the new government will be a clone of the last. But whatever the result – great pressures on school budgets me thinks! From The EFA Planner In […]


Happy birthday SBS blog!

This is  the 30th blog we have published – the first being on 21 March 2014. So happy birthday blog. We hope that you have found the contents over the year useful – and of course we welcome any feedback you might have. We open this week’s blog with our monthly look at the EFA […]


October Returns

October is not normally a month for Returns, but there are two returns that new Academies and Free Schools are likely to have to complete in the next few weeks. Also the EFA advise that a significant number of Academies are still to claim support for their rates. Does this apply to you? New Academies […]


Tour De Force – Managing Finances

A short blog this week. With the Tour de France passing through my home town – yes I’m based in sunny Yorkshire! – there has not been too much time for blogging. As the title to this blog suggesting, managing the school’s finances is a major achievement. In the last blog we outlined the timing […]


Hello July

I am disappointed that my week away lasted longer than England’s world cup campaign. And like those England supporters who were expecting to manage their cash over several weeks, changes to the timing of income and expenditure can impact upon academies. This week we look at changes to the timing of payments from the EFA […]


Flaming June

For some the half term break will have provided time to re-charge the batteries before the final sprint finish to the end of the school year – I hope you were one of these. For academies this is also the final quarter in the financial year, with activity required to ensure everything is reported correctly […]


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