Archive for December, 2012

Annal Nayyar bloggs on the s251 budget 2013-14 consultation

s251 budget 2013-14 consultation was issued on Wednesday 21 November and comments should reach the DfE  by Friday, 4 January 2013.It is likely that there will be further changes to the children’s section of the s251 budget collection . It is likely that there will be radical changes to children’s services section in 2014-15. As [...]

Annal Nayyar and Fis-EdSolution’s Values are Client Focused.

Fis-Edsolutions values are client driven and look to provide an expert and tailored service that meet your schools every finance need. Value For Money We appreciate finances are limited and endeavor to provide schools with Value For Money.  Through our regular meetings and testimonials we look for constant feedback to gauge the success of this [...]

Annal Nayyar -Wins Commission to produce Schools Financial Value Standard (SFVS) for Several Schools

Annal and his team have secured this assignment across a number of Local Authority Schools. So what is SFVS and would you like some finance support? Please contact the team for a discussion. What is the SFVS? Schools manage many billions of pounds of public money each year.  Effective financial management ensures this money is [...]

Annal Nayyar and Fis-edsolutions look to review school finance policies for best practise.

Annal Nayyar and Fis-edsolutions have secured an assignment to review and provide ‘best practise’ across  school finance policies for compliance and controls. The commission also involves presentation at School Governors and thereafter regular annual review. Policies Include: Financial Responsibilities procedure Business Integrity procedure Finance & Premises Committee Terms of Reference Finance Policy Budgetary Planning & [...]

Annal Nayyar asks are you aware of the FRS17 Grant

Academies who submitted their completed Financial Reporting Standard pension valuation (FRS17) statements by the deadline will receive their FRS17 grant support payment in January 2013.

Autumn Statement: austerity until 2018

A localgov article stipulated that:- Chancellor George Osborne’s Autumn Statement has confirmed the extension of austerity measures until 2018, squeezing local government into a longer period of financial retrenchment. Osborne told a packed House of Commons: ‘It is a hard road and Britain is on the right track. Turning back now would be a disaster.’ [...]

Annal Nayyar and Fis-Edsolutions provide a full suite of financial services to schools

Specialties •Management of School finance –both direct and mentoring •Schools Finance Academy Status Conversion •Free school bid submission and set up •Governor Training •Strategic Support to Head teachers •Budget Planning •Closure of Accounts •Bid Support •Operational and Strategic support to schools  

DEDICATED SCHOOLS GRANT: 2013-2014

The DfE  have  set out how allocations of the Dedicated Schools Grant (DSG) for 2013-2014 have been calculated. 2. The main arrangements for 2013-2014 are: a. separate Schools Block, Early Years Block and High Needs Block; b. cash flat per pupil funding for the Schools Block and the Early Years Block; c. High Needs Block [...]

Annal Nayyar bloggs detail on the Pupil count (DSG 2013-14)

The Dfe have published the basis behind the DSG pupil count – The pupil numbers used to determine the 2013-14 Schools Block allocations are given by: From the October 2012 School Census: All pupils in maintained nursery, primary and secondary schools, and academies which are going through recoupment at census date, in National Curriculum year [...]

Local Government Finance Settlement 2013/14

An announcement has today been made to Parliament about the provisional Local Authority Government Finance Settlement for 2013-14. Proposals have been made for the amount of Revenue Support Grant for the year, the amount of the grant to be paid to receiving authorities, the amount of the grant to be paid to the specified body. [...]