Financial Transparency

As a Foundation School, Fir Ends has a slightly greater degree of control over income and expenditure than other maintained schools. Naturally, this comes with more accountability too, and the School Leadership and Governors are expected to maintain effective control of the school budget in line with a three-year plan, adjusting as appropriate to improve income to cover costs or to make reductions in spending to accommodate anticipated shortfalls.

Our school income is composed of:

  • Delegated funding, distributed by the Local Authority in line with a local delegation scheme and based largely on pupil numbers;
  • SEN funding, allocated on the basis of Educational Healthcare Plans;
  • Pupil Premium Funding - intended to support disadvantaged pupils and allocated on the basis of pupils whose parents are in receipt of certain benefits, are or have previously been subject to social care or are in the armed forces.
  • Nursery funding, allocated on the basis of average hours of attendance;
  • Universal Infant Free School Meals funding, to cover the costs of providing school meals for children in Reception and Years 1&2;
  • Capital funding of around £5k annually, intended to support development of the building and ICT provision; 
  • Various grants intended to support specific goals (e.g PE & Sports Premium Funding) or to overcome unanticipated expenses, such as the Teacher's Pension Grant;
  • and self-generated income from charges for provision such as KS2 school meals, wraparound care, music lessons & trip contributions.

 Where we charge for services this is on the basis of covering the costs of the service, rather than making a profit.

The only way our school can significantly increase its funding is through individual grant applications for specific projects or through fundraising and donations; much of the latter is arranged through our Parent & Teacher group, which is an independent charitable organisation. 

Policies and documents linked to the school's financial operations are linked below. 

Earnings Above £100,000

Schools must publish on their website individuals earning more than £100k in bandings of £10k

The number of individuals whose earnings (excluding employer pension costs) exceeded £100,000
in 2020-21 was:

Range Number
In the band £100,000 - £110,000: None
In the band £110,001 - £120,000: None
In the bank £120,001 - £130,000 etc: None

FINANCIAL BENCHMARKING

Click here to view the .GOV page benchmarking our spending against similar schools.

SFVS - Schools Financial Value Standards is an annual report prepared by the SLT and Governors. These are reviewed by the LA to ensure that schools are compliant with statutory guidance. 

RELEVANT POLICIES & DOCUMENTS

Charging and Remissions Policy - this is reviewed annually, although it will only be updated if changes are made.

Sports Premium Reports

Pupil Premium Reports