Finance - Charging, Pupil Premium, Gender Pay Gap and Accounts
BackThis Key Information section provides the statutory information that we are required to publish regarding The Blue School's financial position including charges requested of parents/carers and how certain grant funding from the Government has been spent.
Charging Policy:
The Charging Policy outlines when contributions are requested from parents/carers. At The Blue School it is a subset of our overall Financial Administration Policy (FAP). The FAP covers how the school manages its funding and resources and outlines the controls in place to ensure compliance.
Financial Administration Policy July 2024 - see Appendix 2 for Charging Policy
End of year accounts for The Blue School:
The Blue School Ltd is Charitable Trust under the Academies Act 2010.
The School's financial year operates from 1st September to 31st August.
The formal accounts of The Blue School and its one subsidiary company, Wells Blue Sports Centre Ltd, are published (un-signed copy) every year by the end of December in line with statutory expectation. The accounts are also submitted to Companies House.
2023/24 Financial Year - 1st September 2023 to 31st August 2024As published in the accounts the number of employees whose employee benefits (excluding employer pension costs) exceeded £100,000 to 31st August 2024 (bracket £130,000 to £140,00) = 1.
The accounts for the period 1st September 2024 to 31st August 2025 will be published by the end of December 2025.
Pupil Premium:
Information on how the school spends the Government's Pupil Premium Grant. Please note that in 2023/24 the school received £224,085 in Pupil Premium Grant plus £54,579 in Recovery Premium Grant, totalling £278,664.
Pupil Premium 2024/25 Strategy Statement and 2023/24 Review
Gender Pay Gap Reporting:
The Blue School's staff establishment fluctuates year to year at around 200 individuals. For reasons of transparency, the Governors publish the Gender Pay Gap Report every year regardless of these fluctuations.
The Blue School's Gender Pay Gap report for 2023/24 (March 2024)
The 16 to 19 Tuition Fund:
The Blue School has opted out of the 16-19 tuition fund grant. This follows analysis of the student cohort, their needs compared to the conditions of the grant funding. The school will publish a report on how it spends this grant if and when there are eligible students who will benefit under the conditions of the grant at that time.
Regardless of this grant funding, our 16-19 students receive ongoing support and additional intervention as and when required during their study programmes.