2013 2014.pdf

Aldridge
School

Financial Management
Reports as at

1st September 2014

Period 12
August 2014

Twelve Months to
31st August 2014

Contents

Page

3
Financial Summary Income and Expenditure Actual, Budgeted and

Forecast

4
Statement of Variance Criteria

5
Detailed Budget Monitoring

10
Variance Notes and Explanations

13
2013-14 Year End Forecast Detail

16
2013-14 Year End Forecast Summary

Note: Catering accounts are now included in main body of
monitoring report rather than being a separate item.

2

Financial Summary Income and Expenditure
Actual, Budgeted and Forecast

Income     Period 12 - August


Year to date
Full Year
  Forecast

Description
Actual
Budget
Variance
Actual
Budget
Variance
Forecast Budget    % Received
Income
Variance

Total Restricted Income
1,201,166
1,436,528
-235,362
8,475,597
8,439,593
36,004
8,439,593
100
8,475,597
36,004

Total Unrestricted Income
28,959
32,830
-3,871
39,542
42,000
-2,458
42,000
94
39,542
-2,458

Total Income
1,230,126    1,469,358
-239,232
8,515,139
8,481,593
33,546
8,481,593
100
8,515,139
27,611

Expenditure
  Period 12 - August

Year to date
Full Year
  Forecast

Description
Actual
Budget
Variance
Actual
Budget
Variance
Forecast Budget
% Spent
  Spend
Variance

Staffing Total
987,413
982,792
-4,621
5,990,545
5,985,477
-5,068
5,985,477
100
6,011,532
-26,055

Premises and Occupation Costs
21,305
308,100
286,795
778,021
1,212,630
434,609
1,212,630
64
1,208,467
4,163

Administration Total
-10,401
243,321
253,722
763,110
888,534
125,424
888,534
86
851,575
36,959

Curriculum Capitation
24,203
10,746
-13,457
206,352
238,649
32,291
238,649
86
206,352
32,297

SLT Capitation
24,465
42,703
18,238
214,087
340,303
126,216
340,303
63
214,087
126,216

Grand Total Expenditure
1,046,985    1,587,662
540,677
7,952,116
8,665,593
713,477
8,665,593
92
8,492,014
173,579




Carry Forward (£)

Balance brought forward from 2012/13
595,805

Forecast surplus from 2013/14
23,125

Total
618,930

Notes:

•  Have added expenditure for ICT project hence significant overspend in administration
•  Staffing costs include cost of catering staff. This is offset throughout the year by catering income, which is included in
restricted income.
•  Administration includes the free school meals subsidy; catering income during the year offsets this.
•  Special Expenditure has been removed from report as now runs under separate finance package

Statement of Variance Criteria

Budgets with an overspend of 10% and over £250 or £1000 (which ever
lower), are deemed to require specific explanation to Governors and SLT.

This explanation will include a reason for the variance and action required
to either avoided it happening again or to rectify the situation and
reduce/remove the overspend where possible.

Detailed Budget Monitoring Period

Income
Period 12 - August

Year to date
Full Year

Code
Description
Actual
Budget
Variance
Actual
Budget
Variance
Budget
%Received

702
Employment Allowance
-
-
-
2,000
-
2,000
-
-

901
GAG Income
1,276,887
1,274,797
2,090
7,811,066
7,779,519
31,547
7,779,519
100

940
EFA Capital Maintenance Fund
-
-
-
305,217
252,684
52,533
252,684
121

941
2014 -15 CAPITAL MAINTENANCE FUN
102,906
231,538
-128,632
102,906
257,265
-154,359
257,265
40

945
Developed Formula Capital
-
-
-
16,863
29,000
-12,137
29,000
58

950
Other Government Grants
-
-
-
6,137
-
6,137
-
-

951
Big Lottery Grant
10,000
-93,050
103,050
10,000
-
10,000
-
-

955
Walsall Council Re-Imbursement
-25,065
-28,630
3,565
-
-
-
-
-

971
SWAPS Pupil Recharge
-137,060
-110,100
-26,960
-
-
-
-
-

980
Catering Income
133,422
121,125
12,297
151,194
121,125
30,069
121,125
125

981
Catering In-house Sales (Memo)
-25,705
-
-25,705
20,746
-
20,746
-
-

982
Catering FSM (Memo)
-134,219
40,848
-175,067
49,467
-
49,467
-
-


Total Restricted Income
1,201,166
1,436,528
-235,362
8,475,597
8,439,593
36,004
8,439,593
100
960
Lettings & Rental Income
20,582
27,830
-7,248
26,165
32,000
-5,835
32,000
82

964
Bank interest
3,447
-
3,447
6,477
5,000
1,477
5,000
130

965
Other Employee Income
2,761
5,000
-2,239
4,731
5,000
-270
5,000
95

966
Other Miscellaneous Income
2,170
-
2,170
2,170
-
2,170
-
-


  Total Unrestricted Income
28,959
32,830
-3,871
39,542
42,000
-2,458
42,000
94

  Total Income
1,230,126
1,469,358
-239,232
8,515,139
8,481,593
33,546
8,481,593
100

5

Expenditure - Staffing
Period 12 - August


Year to date
Full Year

Code
Description
Actual
Budget
Variance
Actual
Budget
Variance
Budget
%Spent

001
Teaching Staff
777,905
792,867
14,962
4,672,063
4,747,707
75,644
4,747,707
98

002
Associate Staff
175,589
167,748
-7,841
1,085,369
1,049,958
-35,411
1,049,958
103

003
Supply Staff - Illness
15,058
6,747
-8,311
67,148
75,000
7,852
75,000
90

004
Supply Staff - Maternity/Pat'nty
-
2,700
2,700
33,835
30,000
-3,835
30,000
113

005
Catering Staff
11,208
12,100
892
92,427
72,480
-19,947
72,480
128

006
Supply Staff - Other Authorised
-
-
-
16,175
3,332
-12,843
3,332
485

007
Lunchcover
5,001
-
-5,001
13,984
-
-13,984
-
-

010
Employee Related Costs
2,653
630
-2,023
9,545
7,000
-2,545
7,000
136


Staffing Total
987,413
982,792
-4,621
5,990,545
5,985,477
-5,068
5,985,477
100

Premises and Occupation Costs
Period 12 - August


Year to date
Full Year

Code
Description
Actual
Budget
Variance
Actual
Budget
Variance
Budget
%Spent

011
Recruitment
-
-
-
16,960
16,000
-960
16,000
106

012
Welfare and Hospitality
1,545
1,460
-85
16,190
16,000
-190
16,000
101

013
Simply Health
1,890
1,920
30
11,440
11,520
80
11,520
99

016
Capital Mainenance Round 2
-
-
-
1,885
2,050
165
2,050
92

017
Capital Maintenance Round 1
-
-
-
234,678
272,737
38,059
272,737
86

018
Capital Maintenance Fund 2014-15
-100,984
231,538
332,522
-72,156
257,265
329,421
257,265
-28

019
Devolved Formula Capital (Exp)
26,600
-
-26,600
26,600
30,000
3,400
30,000
89

020
Operational Maintenance
39,232
30,000
-9,232
107,035
130,000
22,965
130,000
82

021
Grounds Maintenance
619
7,200
6,581
8,044
18,000
9,956
18,000
45

022
Property Projects
1,695
-
-1,695
41,857
32,682
-9,175
32,682
128

023
Water and Sewerage
2,370
1,268
-1,102
15,980
9,547
-6,433
9,547
167

024
Energy
21,625
7,732
-13,893
104,654
141,203
36,549
141,203
74

025
Other Occupation Costs
2,434
5,150
2,716
34,696
39,500
4,804
39,500
88

026
Cleaning and Caretaking
21,887
21,832
-55
153,890
158,555
4,665
158,555
97

028
Insurance
-
-
-
60,712
58,462
-2,250
58,462
104

029
Rates
2,391
-
-2,391
32,516
35,109
2,593
35,109
93


  Premises and Occupation Costs
21,305
308,100
286,795
778,021
1,212,630
434,609
1,212,630
64

6

Administration
Period 12 - August


Year to date
Full Year

Code
Description
Actual
Budget
Variance
Actual
Budget
Variance
Budget
%Spent

030
Admin Supplies
1,915
2,654
739
32,750
29,180
-3,570
29,180
112

031
Communications
1,680
2,836
1,156
23,504
30,000
6,496
30,000
78

033
ICT Consumables
675
555
-120
4,402
6,125
1,723
6,125
72

034
ICT Curriculum Development
5,154
1,557
-3,597
59,899
56,707
-3,192
56,707
106

035
ICT Network Support
-2,163
9,518
11,681
94,451
123,544
29,093
123,544
76

036
ICT Network Upgrade
-63,295
200,000
263,295
111,535
200,000
88,465
200,000
56

040
Professional services
17,305
6,104
-11,201
56,838
64,124
7,286
64,124
89

048
Admissions and Marketing
3,843
2,260
-1,583
26,410
30,000
3,590
30,000
88

049
Admission appeals
-
95
95
2
1,000
998
1,000
0

050
Library
1,447
1,560
113
16,284
17,000
716
17,000
96

055
Resources
1,485
1,090
-395
-4,684
12,000
16,684
12,000
-39

060
Furniture & Equipment
4,388
1,460
-2,928
16,901
16,000
-901
16,000
106

061
Minibus Operating costs
-
640
640
7,058
7,000
-58
7,000
101

065
Transport PE activities-external
3,295
550
-2,745
5,695
6,000
305
6,000
95

070
Examinations Fees
1,310
-
-1,310
139,932
125,020
-14,912
125,020
112

080
Catering Supplies (inc Subsidy)
9,392
7,024
-2,368
118,160
105,336
-12,824
105,336
112

085
Free School Meals
3,017
3,873
856
49,740
42,513
-7,227
42,513
117

091
Bursary 16-19 Distribution
150
1,545
1,395
4,232
16,985
12,753
16,985
25


  Administration Total
-10,401
243,321
253,722
763,110
888,534
125,424
888,534
86

7

Curriculum Capitation
Period 12 - August


Year to date
Full Year

Code
Description
Actual
Budget
Variance
Actual
Budget
Variance
Budget
%Spent

101
English Department
-151
1,090
1,241
11,686
12,000
314
12,000
97

102
Media Studies
-
90
90
1,001
1,000
-1
1,000
100

131
Mathematics Department
5,208
520
-4,688
9,898
10,600
702
10,600
93

140
Maths Futures
1,628
220
-1,408
3,070
2,400
-670
2,400
128

160
Faculty of Science
-
-
-
35
-
-35
-
-

161
Science Department
3,071
-
-3,071
28,013
32,418
4,405
32,418
86

200
Faculty of BusComm
1,381
-
-1,381
4,078
3,820
-258
3,820
107

201
Business Studies
-
-
-
4,978
5,000
22
5,000
100

202
ICT Department
-113
-
113
2,087
3,380
1,293
3,380
62

203
MFL Department
-
-
-
4,983
4,980
-3
4,980
100

204
Asdan
-
-
-
847
687
-160
687
123

205
Psychology/Sociology
38
149
111
1,458
1,500
42
1,500
97

206
Health & Social
104
-
-104
1,306
1,300
-6
1,300
100

250
Faculty of Humanities
31
-
-31
1,739
1,816
77
1,816
96

251
Geography Department
-412
-
412
3,876
4,677
801
4,677
83

252
History Department
22
-
-22
5,458
6,100
642
6,100
89

253
RST Department
1,870
-
-1,870
7,472
6,600
-872
6,600
113

255
Citizenship
30
-
-30
560
550
-10
550
102

256
LAW
22
-
-22
722
735
13
735
98

300
Faculty of Performance
2,403
-
-2,403
10,047
13,119
3,072
13,119
77

301
PE Department
674
-
-674
13,019
13,000
-19
13,000
100

302
Music Department
-
660
660
10,066
10,000
-66
10,000
101

303
Walsall/Other Music Support
5,159
5,270
111
37,210
57,870
20,660
57,870
64

304
Drama Department
-
-
-
8,658
9,000
342
9,000
96

308
Olympic 2012 Project
2,033
-
-2,033
2,033
4,000
1,967
4,000
51

350
Faculty of Design
-
76
76
729
766
37
766
95

351
D&T Department
-
1,668
1,668
18,600
18,248
-352
18,248
102

352
Art Department
587
579
-8
6,314
6,379
65
6,379
99

390
Faculty of Student Development
-
-
-
63
-
-63
-
-

391
Student Development Department
210
424
214
4,739
4,704
-35
4,704
101

392
Student Development Social Club
-
-
-
615
1,000
385
1,000
62

393
Student Dev. Foundation Learning
407
-
-407
993
1,000
7
1,000
99


  Curriculum Capitation
24,203
10,746
-13,457
206,352
238,649
32,291
238,649
86

8

SLT Capitation
Period 12 - August


Year to date
Full Year

Code
Description
Actual
Budget
Variance
Actual
Budget
Variance
Budget
%Spent

400
Revision and Boosters
648
450
-198
5,428
5,000
-428
5,000
109

401
Improving T&L
-
1,360
1,360
14,916
15,000
84
15,000
99

402
Planners
-
550
550
313
6,000
5,687
6,000
5

405
Deprivation
-114
90
204
-50
1,000
1,050
1,000
-5

411
Curriculum Development GM
-
550
550
2,886
6,000
3,114
6,000
48

420
Surveys
2,009
180
-1,829
2,009
2,000
-9
2,000
100

421
CPD
2,285
2,386
101
30,510
26,246
-4,264
26,246
116

422
NQT
-425
140
565
755
1,500
745
1,500
50

430
Science College
1,223
-
-1,223
7,558
9,000
1,442
9,000
84

433
Summer School
4,236
-
-4,236
7,442
-
-7,442
-
-

440
Alternative Provision
2,175
4,550
2,375
41,158
50,000
8,842
50,000
82

450
Sixth Form Funding
16
540
524
5,700
6,000
300
6,000
95

451
Careers
1,800
2,395
595
26,501
26,185
-316
26,185
101

452
UCAS
-
-
-
-255
200
455
200
-127

461
Rewards and Consequences
950
710
-240
10,286
7,820
-2,466
7,820
132

480
Barr House
28
40
12
849
1,050
201
1,050
81

481
Daniels House
64
40
-24
444
500
56
500
89

482
Linley House
-
50
50
131
500
369
500
26

483
Scott House
57
40
-17
456
500
44
500
91

484
Alder Centre
-
40
40
463
500
37
500
93

486
PSHCE
49
110
61
787
1,200
413
1,200
66

487
School Council
20
40
20
297
450
153
450
66

488
Pastoral/Attendance
157
70
-87
1,243
1,450
207
1,450
86

489
Director of School
-
60
60
91
700
609
700
13

490
Peer Mentoring/Ambassadors
-
10
10
-
100
100
100
-

491
Lotto Fund
3,900
-
-3,900
3,900
-
-3,900
-
-

496
SLT Authorised Pupil Premium Exp
5,387
28,302
22,915
50,050
171,402
121,352
171,402
29


SLT Capitation
24,465
42,703
18,238
214,087
340,303
126,216
340,303
63

Grand Total Expenditure
1,046,985
1,587,662
540,677
7,952,116
8,665,593
713,477
8,665,593
92

Budgeted Surplus
-184,000

9

Variance Notes and Explanation

Code
Description
Variance Reason
Action Required
002
Associate Staff
Forecast overspend of £55,199 due to salary
Move funds from Pupil Premium to cover
adjustments and additional pupil premium spend  additional costs. Year end adjustment to be

made for pension costs.

004
Supply Staff Maternity/Paternity
Forecast overspend of £3,835 due to initial zero
Funds to be allocated
budget, then funds allocated from 003 when
required.

005
Catering staff
Forecast overspend of £17,960 due to initial zero  Funds to be allocated
budget, then funds allocated from when
required.

006
Supply Staff – Other Authorised
Current overspend of £12,843 due to initial zero
Funds to be allocated
budget, then funds allocated from 003 when
required.

007
Lunchcover
Forecast overspend of £12,003 due to initial zero  Funds to be allocated
budget, then funds allocated from when
required.

011
Recruitment
Overspent by £960 due to advertising positions
Funds to be allocated

022
Property Projects
Overspent by £9,175 due to commitments to on
Cost centre to be allocated funds from 019
going site works
Devolved Formula Capital to cover capital

expenditure, EFA Grant to cover, and use of un
spent GAG

023
Water and Sewerage
Forecast to overspend by £6,649 due to rates
Monitor situation, cover cost from underspend
charge not included in initial budget
elsewhere

028
Insurance
Overspend of £2,250 for cost of procuring
Cost to be transferred to professional services.
insurance

030
Admin Supplies
Forecast overspend of £3,268 due to increased
Monitor situation, cover cost from underspend
usage of admin supplies
elsewhere

10

034
Curriculum development
Overspend of £5,037 due to profile of invoices
Adjustment to be made

036
Network Upgrade
Zero budget, to be funded from reserves

070
Examination Fees
Overspend of £14,085 due to earlier transfer of
Monitor situation, cover cost from underspend
funds from exams to cover catering issue
elsewhere

080
Catering Subsady
Forecast overspend spend of £23,982 due to
Blanket orders to be cleared down
blanket orders
085
Free School Meals
Overspend due to higher than expected uptake
Funds to be allocated
140
Maths futures
Overspend of £780 due to higher than expected
Funds to be allocated
cost

200
Faculty of Buscomm
Overspend, to be covered from faculty budgets

203
MFL Department
Overspend, to be covered from faculty budgets

204
ASDAN
Overspend, to be covered from faculty budgets

253
RST Department
Overspend, to be covered from faculty budgets

255
Citizenship
Overspend, to be covered from faculty budgets

301
PE Department
Overspend, to be covered from faculty budgets

302
Music Department
Overspend, to be covered from faculty budgets

351
D&T Department
Overspend, to be covered from faculty budgets

390/1
Student Development
Overspend, to be covered from faculty budgets

400
Revision and booster
Overspend, to be covered from SLT budgets

404
Homework Club
Overspend, to be covered from SLT budgets

421
CPD
CDP Overspent by £4,264
Monitor situation, cover cost from underspend

elsewhere

433
Summer School
Forecast overspend of £8,162 due to zero
Funds to be allocated
budget

451
Careers
Overspend, to be covered from SLT budgets

11

452
UCAS
Budget is for payment of UCAS fees that are
Transfer income from ParentPay to budget to
reclaimed from students via ParentPay, budget
cover fees.
will return to 100% spent once final transfers
from ParentPay are made

491

Forecast overspend of £13,600 due to zero
Funds to be allocated
budget

12

2013-14 Year End Forecast Detail

Expenditure - Staffing
Full Year
  Forecast

  Code
  Description
Budget
%Spent
  Spend
Variance

001
Teaching Staff
4,747,707
98
4,672,063
75,644

002
Associate Staff
1,049,958
103
1,106,356
-56,398

003
Supply Staff - Illness
75,000
90
67,148
7,852

004
Supply Staff - Maternity/Pat'nty
30,000
113
33,835
-3,835

005
Catering Staff
72,480
128
92,427
-19,947

006
Supply Staff - Other Authorised
3,332
485
16,175
-12,843

007
Lunchcover
-
-
13,984
-13,984

010
Employee Related Costs
7,000
136
9,545
-2,545


Staffing Total

5,985,477
100
6,011,532
-26,055

Premises and Occupation Costs
Full Year
  Forecast

  Code
  Description
Budget
%Spent
  Spend
Variance

011
Recruitment
16,000
106
16,960
-960

012
Welfare and Hospitality
16,000
101
16,190
-190

013
Simply Health
11,520
99
11,440
80

016
Capital Mainenance Round 2
2,050
92
1,885
165

017
Capital Maintenance Round 1
272,737
86
272,737
-

018
Capital Maintenance Fund 2014-15
257,265
-28
257,265
-

019
Devolved Formula Capital (Exp)
30,000
89
26,600
3,400

020
Operational Maintenance
130,000
82
170,000
-40,000

021
Grounds Maintenance
18,000
45
8,044
9,956

022
Property Projects
32,682
128
41,857
-9,175

023
Water and Sewerage
9,547
167
15,980
-6,433

024
Energy
141,203
74
104,654
36,549

025
Other Occupation Costs
39,500
88
34,696
4,804

026
Cleaning and Caretaking
158,555
97
153,890
4,665

028
Insurance
58,462
104
60,712
-2,250

029
Rates
35,109
93
32,516
2,593


Premises and Occupation Costs
1,212,630
64
1,208,467
4,163

Administration
Full Year
  Forecast

  Code
  Description
Budget
%Spent
  Spend
Variance

030
Admin Supplies
29,180
112
32,750
-3,570

031
Communications
30,000
78
23,504
6,496

033
ICT Consumables
6,125
72
4,402
1,723

034
ICT Curriculum Development
56,707
106
59,899
-3,192

035
ICT Network Support
123,544
76
94,451
29,093

036
ICT Network Upgrade
200,000
56
200,000
-

040
Professional services
64,124
89
56,838
7,286

048
Admissions and Marketing
30,000
88
26,410
3,590

049
Admission appeals
1,000
0
2
998

050
Library
17,000
96
16,284
716

055
Resources
12,000
-39
-4,684
16,684

060
Furniture & Equipment
16,000
106
16,901
-901

061
Minibus Operating costs
7,000
101
7,058
-58

065
Transport PE activities-external
6,000
95
5,695
305

070
Examinations Fees
125,020
112
139,932
-14,912

080
Catering Supplies (inc Subsidy)
105,336
112
118,160
-12,824

085
Free School Meals
42,513
117
49,740
-7,227

091
Bursary 16-19 Distribution
16,985
25
4,232
12,753


Administration Total

888,534
86
851,575
36,959

13

Curriculum Capitation
Full Year
  Forecast

  Code
  Description
Budget
%Spent
  Spend
Variance

101
English Department
12,000
97
11,686
314

102
Media Studies
1,000
100
1,001
-1

131
Mathematics Department
10,600
93
9,898
702

140
Maths Futures
2,400
128
3,070
-670

160
Faculty of Science
-
-
35
-35

161
Science Department
32,418
86
28,013
4,405

200
Faculty of BusComm
3,820
107
4,078
-258

201
Business Studies
5,000
100
4,978
22

202
ICT Department
3,380
62
2,087
1,293

203
MFL Department
4,980
100
4,983
-3

204
Asdan
687
123
847
-160

205
Psychology/Sociology
1,500
97
1,458
42

206
Health & Social
1,300
100
1,306
-6

250
Faculty of Humanities
1,816
96
1,739
77

251
Geography Department
4,677
83
3,876
801

252
History Department
6,100
89
5,458
642

253
RST Department
6,600
113
7,472
-872

255
Citizenship
550
102
560
-10

256
LAW
735
98
722
13

300
Faculty of Performance
13,119
77
10,047
3,072

301
PE Department
13,000
100
13,019
-19

302
Music Department
10,000
101
10,066
-66

303
Walsall/Other Music Support
57,870
64
37,210
20,660

304
Drama Department
9,000
96
8,658
342

308
Olympic 2012 Project
4,000
51
2,033
1,967

350
Faculty of Design
766
95
729
37

351
D&T Department
18,248
102
18,600
-352

352
Art Department
6,379
99
6,314
65

390
Faculty of Student Development
-
-
63
-63

391
Student Development Department
4,704
101
4,739
-35

392
Student Development Social Club
1,000
62
615
385

393
Student Dev. Foundation Learning
1,000
99
993
7


Curriculum Capitation

238,649
86
206,352
32,297

14

SLT Capitation
Full Year
  Forecast

  Code
  Description
Budget
%Spent
  Spend
Variance

400
Revision and Boosters
5,000
109
5,428
-428

401
Improving T&L
15,000
99
14,916
84

402
Planners
6,000
5
313
5,687

404
Homework Club
-
-
217
-217

405
Deprivation
1,000
-5
-50
1,050

410
No current budget Enterprise/WRL
-
-
-
-

411
Curriculum Development GM
6,000
48
2,886
3,114

420
Surveys
2,000
100
2,009
-9

421
CPD
26,246
116
30,510
-4,264

422
NQT
1,500
50
755
745

430
Science College
9,000
84
7,558
1,442

433
Summer School
-
-
7,442
-7,442

440
Alternative Provision
50,000
82
41,158
8,842

450
Sixth Form Funding
6,000
95
5,700
300

451
Careers
26,185
101
26,501
-316

452
UCAS
200
-127
-255
455

461
Rewards and Consequences
7,820
132
10,286
-2,466

480
Barr House
1,050
81
849
201

481
Daniels House
500
89
444
56

482
Linley House
500
26
131
369

483
Scott House
500
91
456
44

484
Alder Centre
500
93
463
37

486
PSHCE
1,200
66
787
413

487
School Council
450
66
297
153

488
Pastoral/Attendance
1,450
86
1,243
207

489
Director of School
700
13
91
609

490
Peer Mentoring/Ambassadors
100
-
-
100

491
Lotto Fund
-
-
3,900
-3,900

496
SLT Authorised Pupil Premium Exp
171,402
29
50,050
121,352


SLT Capitation

340,303
63
214,087
126,216

Grand Total Expenditure

8,665,593
92
8,492,014
173,579

15

2013-14 Forecast Summary

Income
Full Year
  Forecast

Description
Forecast Budget
%Received
Income
Variance

Total Restricted Income
8,439,593
100
8,475,597
36,004

Total Unrestricted Income
42,000
94
39,542
-2,458

Total Income
8,481,593
100

8,515,139
27,611

Expenditure
Full Year
  Forecast

Description
Forecast Budget
%Spent
  Spend
Variance

Staffing Total
5,985,477
100
6,011,532
-26,055

Premises and Occupation Costs
1,212,630
64
1,208,467
4,163

Administration Total
888,534
86
851,575
36,959

Curriculum Capitation
238,649
86
206,352
32,297

SLT Capitation
340,303
63
214,087
126,216

Grand Total Expenditure
8,665,593
92
8,492,014
173,579

Forecast Surplus
23,125

16