Failure to maintain the financial viability of the College The College’s current financial health grade is classified as as described above. This is “xxxx” largely the consequence of [detail out any reasons including deficits, recent renegotiation of lending facilities and associated covenants etc]. Notwithstanding that, the continuing challenge to the College’s financial position remains the constraint on further education funding arising from the ongoing cuts in public sector spending whilst maintaining the student experience. This risk is mitigated in a number of ways: By rigorous budget setting procedures and sensitivity analysis Regular in year budget monitoring Robust financial controls Exploring ongoing procurement efficiencies STAKEHOLDER RELATIONSHIPS In line with colleges and with universities, Casterbridge College has many stakeholders. These include: Students; Education sector funding bodies; Form /FE Commissioner;] Staff; Local employers (with specific links); Local authorities; Local Enterprise Partnerships (LEPs); The local community; Other FE institutions; Trade unions; Professional bodies. The College recognises the importance of these relationships and engages in regular communication with them through the College Internet site and by meetings. Equality [example statement tailor to own circumstances] – The College is committed to ensuring equality of opportunity for all who learn and work here. We respect and value positively differences in race, gender, sexual orientation, disability, religion or belief and age. We strive vigorously to remove conditions which place people at a disadvantage and we will actively combat bigotry. This policy is resourced, implemented and monitored on a planned basis. The College’s Equality Policy is published on the College’s Intranet site.
Failure to maintain the financial viability of the College The College’s current financial health grade is classified as “xxxx” as described above. This is largely the consequence of [detail out any reasons including deficits, recent renegotiation of lending facilities and associated covenants etc]. Notwithstanding that, the continuing challenge to the College’s financial position remains the constraint on further education funding arising from the ongoing cuts in public sector spending whilst maintaining the student experience. This risk is mitigated in a number of ways: By rigorous budget setting procedures and sensitivity analysis Regular in year budget monitoring Robust financial controls Exploring ongoing procurement efficiencies STAKEHOLDER RELATIONSHIPS In line with colleges and with universities, Casterbridge College has many stakeholders. These include: Students; Education sector funding bodies; Form /FE Commissioner;] Staff; Local employers (with specific links); Local authorities; Local Enterprise Partnerships (LEPs); The local community; Other FE institutions; Trade unions; Professional bodies. The College recognises the importance of these relationships and engages in regular communication with them through the College Internet site and by meetings. Equality [example statement – tailor to own circumstances] The College is committed to ensuring equality of opportunity for all who learn and work here. We respect and value positively differences in race, gender, sexual orientation, disability, religion or belief and age. We strive vigorously to remove conditions which place people at a disadvantage and we will actively combat bigotry. This policy is resourced, implemented and monitored on a planned basis. The College’s Equality Policy is published on the College’s Intranet site.
Casterbridge%20College%20accounts%202016%2017%20v2.docx