Financial Management: Local Authority Schools

Please click on the links below to access template policies, designed for Local Authority Schools.

– Charging & Remissions

– Expenses

– Financial Regulations

– Gifts & Hospitality

– Governor Allowances

– Internal Hospitality

– Lettings

– Debt Management

– Whistleblowing

– Purchase Card

– Bank Reconciliation Form

– Cash Flow Report

– Competitive Quotation Summary

– Example Benchmarking Report for Governors

– Finance Committee Proposed Agenda Schedule

– Example SFVS 

– Finance vs Operating Leases

– Insufficient Funds Order Request Process

– Letter to Suppliers – Request Bank Details for BACS payments

– Month End Work Flow

– Monthly Timetable of Accounting Processes

– Purchase Card Reconciliation Form

– Purchase Order Form

– Request to Write Off a Bad Debt Form

– Supplier Details Form

– Value for Money Checklist

– Virement Report (example)

SBM Services has developed a comprehensive set of template management accounts that can be tailored to meet the needs of your academy and it’s governing body.  An example set of management accounts are provided below.

If you would like a copy of the template so that you can set it up for your own school setting then please contact info@sbmservices.co.uk.

Alternatively, SBM Services can set up the management account template for you.  Please contact info@sbmservices.co.uk for details.

– Example Set of Management Accounts

The template fixed asset register is available below.  This allows you to set the template up yourself to meet the needs of your own school setting.

Fixed Asset Register