EXPENDITURE (Page 3) General Purposes Expenditure This schedule should detail all payments made in relation to the general running cost of the school. Specific Grant Expenditure The balances shown here should be transferred to the ‘Payments’ column on page 4 ‘Analysis of Grants for Specific Purposes’. It should be noted that if a school wishes to supplement a grant for specific purposes to enable greater expenditure this may only be done from general income (i.e. local fundraising) and not from any other specific grant. Such additional expenditure should be included in the ‘General Purposes Expenditure’ schedule on page 3. ANALYSIS OF GRANTS FOR SPECIFIC PURPOSES (Page 4) The purpose of this schedule is to track the expenditure of grants for specific purposes and show how much remains available for expenditure in each of these grants (Unexpended Grants b/f). SCHEDULE OF OUTSTANDING INCOME/GRANTS (Page 4) If the cut-off date is before the year-end the amount of the ‘grants/income receivable’ at should be included here. SCHEDULE OF AMOUNTS DUE (Page 4) If the cut-off date is before the year-end the outstanding amounts due by the school at year-end should be included here. (accruals) CASHFLOW STATEMENT (Page 5) The balances of all current and deposit accounts (including accounts through which grants for specific purposes are processed) should be totalled and the total opening balances should be entered on page 5. An analysis of the respective closing balances on all accounts included in the statement should be provided here.
EXPENDITURE (Page 3) General Purposes Expenditure This schedule should detail all payments made in relation to the general running cost of the school. Specific Grant Expenditure The balances shown here should be transferred to the ‘Payments’ column on page 4 ‘Analysis of Grants for Specific Purposes’. It should be noted that if a school wishes to supplement a grant for specific purposes to enable greater expenditure this may only be done from general income (i.e. local fundraising) and not from any other specific grant. Such additional expenditure should be included in the ‘General Purposes Expenditure’ schedule on page 3. ANALYSIS OF GRANTS FOR SPECIFIC PURPOSES (Page 4) The purpose of this schedule is to track the expenditure of grants for specific purposes and show how much remains available for expenditure in each of these grants (Unexpended Grants b/f). SCHEDULE OF OUTSTANDING INCOME/GRANTS (Page 4) If the cut-off date is before the year-end the amount of the ‘grants/income receivable’ at should be included here. SCHEDULE OF AMOUNTS DUE (Page 4) If the cut-off date is before the year-end the outstanding amounts due by the school at year-end should be included here. (accruals) CASHFLOW STATEMENT (Page 5) The balances of all current and deposit accounts (including accounts through which grants for specific purposes are processed) should be totalled and the total opening balances should be entered on page 5. An analysis of the respective closing balances on all accounts included in the statement should be provided here.
Guidelines-2017-2018.docx