Financial Information
Schools Financial Benchmarking:
What is the Schools Financial Benchmarking Tool?
The Schools Financial Benchmarking Tool helps schools compare their finances with similar schools and make comparisons between income, balances and workforce structures.
Why benchmark?
Benchmarking helps schools to:
make better-informed decisions and triggers further discussion
facilitate peer learning and exchange of ideas between schools and academies
compare spending with other similar schools or academy trusts
consider how to use resources to support high-quality teaching and education outcomes for pupils
consider whether resource allocations are working or whether outcomes could be improved by doing things differently
We are required to publish the following information:
How many school employees (if any) have a gross annual salary of £100,000 or more in increments of £10,000.
| Annual Salary | Number of Staff |
| £100,000 - £110,000 | 0 |
| £110,000 - £120, 000 | 0 |
| £120,000 - £130,000 | 0 |
Private School Fund Accounts:
Private School Fund Accounts (also called a school fund or voluntary/unofficial fund) are separate bank accounts managed by the school that hold money raised from non-local authority sources.
Lea Primary School, Tansley Primary School and Wessington Primary hold private school fund accounts with Santander. Framework Federation also have a private school fund account with NatWest. Copies of the audited end of year accounts are available to view on request from the school office. The accounts are audited on an annual basis.