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Micklem

Primary School

Learning, achieving, working together

Finances

Financial Statement for 2021-2022

 

Income £1,357,262
Expenditure £1,336,783
Surplus for the year£20,479
Reserve carried forward 2020 - 2021£132,709
Reserve carried forward £153,188

 

The role of the Governing Body

The Governing Body is responsible for overseeing the financial performance of the school and ensuring its money is well spent.  This role is delegated to the Resources Committee.  All Governors are provided with regular budget monitoring updates.  The Resources Committee scrutinises school spending and that spending is within budgeted amounts and where there are significant changes, that these are discussed and agreed.  The school development plan is closely linked to the school budget as part of overall school improvement.  

 

 

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