Monthly Archives: February 2015

Fis-edsolutions ltd worked with the governing bodies of both schools to secure the transition to Academy status.

Fis-edsolutions ltd   worked with the governing bodies of both schools  to secure the transition to Academy status.  On October 1st 2014, the schools transformed into the new Trust a multi academy trust.  Fis-edsolution ltd were  instrumental in providing the support for this transition.  As a result of this work and his reputation in working with local academies, the Trust appointed fis-edsolutions as the Responsible Officer.  

As a newly appointed first time Head teacher, I was very keen to audit the financial procedures within the school. Fis-edsolutions ltd was recommended to me by a local Head teacher

As a newly appointed first time Head teacher, I was very keen to audit the financial procedures within the school. Fis-edsolutions ltd  was recommended to me by a local Head teacher, who had been in a similar situation.   I can honestly say this was one of the best decisions I made and have not looked back.

After carrying out an internal audit, fis-edsolutions  very quickly worked with the finance team to put in place robust financial procedures, while providing quality training for staff, Governors and the SLT.  Our journey within one year has been remarkable, with our paperwork and systems working exactly as they should.

 

 

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Fis-edsolutions ltd provides a highly professional service to the Academies Trust. Over the past twelve months

Fis-edsolutions ltd  provides a highly professional service to the Academies Trust. Over the past twelve months they  helped to establish a secure financial basis for the conversion of one school and the sponsorship of another to academy status under the Trust’s umbrella. In particular, their  Responsible Officer reports to the Board of Directors and to its Audit Committee have enabled the Board to meet the stringent financial requirements of the Trust’s own auditors as well as those of the Education Funding Agency

Fis-edsloutions ltd blogs a Report that highlights pay divide between public and private sectors

A new pay divide is opening in the UK with public sector workers more likely to see wages frozen than their private counterparts – a report suggests.

Analysis from the Chartered Institute of Personnel and Development (CIPD) found 54% of public sector employers froze staff pay in the 12 months to December 2014 in comparison to just over a third of private sector bosses.

The latest Labour Market Outlook found two fifths of the UK workforce saw either a pay freeze or cut over the same period, while a similar proportion received a wage increase of 2% or more.

The public sector is due to continue to ‘lag behind’ the private sector in terms of basic pay rises over the next year, with increases anticipated to stand at 1% compared to 1.5% in the voluntary sector and 2% in the private sector.

Analysts said that disparity on pay rises was creating ‘a tale of two workforces’ despite continuing job growth.

 

FIS-EDSOLUTIONS LTD blogs Information: capital funding allocations

The Department for Education has announced £6 billion capital funding, covering the second phase of the Priority School Building Programme, and school condition allocations and devolved formula capital (DFC) allocations for 2015 to 2018

FIS-EDSOLUTIONS LTD Reports Information: 2015 to 2016 funding allocation guidance

The EFA have published guidance to support funding allocations for the academic year 2015 to 2016 for mainstream academies and free schools. Additional guidance for special and alternative provision academies and free schools will be published by 20 February.

The Efa will begin sending out the 2015 to 2016 final allocations towards the end of February and all will be sent before the end of March.

FIS-EDSOLUTIONS LTD blogs Consultation outcome: GCSEs, AS and A levels: new subjects to be taught in 2016

Changes are being made to GCSE, A level and AS qualifications taken by students in England. Ofqual has previously consulted on new qualifications to be taught from September 2015 and on some that will be taught from September 2016, and has also announced its decisions on their structure and assessment. This report records the analysis of responses received by Ofqual to its consultation on the structure and assessment of additional subjects planned for first teaching in September 2016.

Fis-edsolutions ltd blogs How schools and non-mainstream settings can receive extra funding to support disadvantaged pupils

the pupil premium is additional funding given to publicly funded schools in England to raise the attainment of disadvantaged pupils and close the gap between them and their peers.

Pupil premium funding is available to both mainstream and non-mainstream schools, like special schools and pupil referral units.

Funding for 2014 to 2015

In the 2014 to 2015 financial year, schools will receive the following funding for each child registered as eligible for free school meals at any point in the last 6 years:

  • £1,300 for primary-aged pupils
  • £935 for secondary-aged pupils

Schools also receive £1,900 for each pupil who:

  • has been looked after for 1 day or more
  • has been adopted from care
  • has left care under:
    • a special guardianship order
    • a residence order
    • a child arrangement order

Funding for 2015 to 2016

In the 2015 to 2016 financial year, schools will receive the following funding for each child registered as eligible for free school meals at any point in the last 6 years:

  • £1,320 for primary-aged pupils
  • £935 for secondary-aged pupils

Schools will continue to receive £1,900 for each child who:

  • has been looked after for 1 day or more
  • has been adopted from care
  • has left care under:
    • a special guardianship order
    • a residence order
    • a child arrangement order

To receive the premium for adopted pupils you should mark them as eligible on theschool census. If you do not know who your adopted pupils are, you will need to contact parents and ask them to let you know.

The pupil premium to local authorities in quarterly instalments. Local authorities then manage the funding and decide when to pass it on to the schools they fund. Education Funding Agency pays the premium directly to academies and free schools.

Local authorities also decide how pupil premium funding is allocated in special schools and alternative provision (AP) settings (including pupil referral units).

 

From the financial year 2014 to 2015, VSHs will have control over funding for looked-after children.

Fis-edsolutions ltd blogs – A guide for schools opening as academies to estimate their revenue funding.

The guide explains how to estimate a new academy’s revenue funding, known as the general annual grant (GAG). It links to online data and has examples for each of the main elements of the GAG.

For academies opening as free schools, studio schools and UTCs, we have produced separate templates to calculate indicative allocations:

Fis-edsolutions ltd blogs school sixth-form and post-16 academy student number statements and allocations calculation toolkit

The Efa  have now issued the student number statements for the 2015 to 2016 academic year to further education colleges and local authorities.

Student number statements and allocation calculation toolkits (ACT) for school and academy sixth-forms are being issued in stages and will be available by mid-February. Multi-academy trusts will be able to view all of their associated academies information.

The statements and ACT files are being uploaded to the EFA Information Exchange.