In this issue
Coronavirus: latest information and advice
Schools’ financial year-end closure of accounts - Deadlines and procedures
Universal youth work consultation
Eco-Schools Summit 2020 - book your place now
Leader in Outdoor Learning - Level 2 course
National Theatre Collection now available free for state schools
Inside Active Schools - February Issue
DfE and national updates for schools
With My Eyes – Exclusion Project
Foreword from Liz Mills
Latest newsletters

SEND Bytes - Issue 25

Education Safeguarding Team Update - January 
Directory of Education Services for Maintained Schools 2020/21
MyReward Bulletin - January
National guidance on health protection in schools
Inside Active Schools newsletter - February 
SEND newsletter

Schools’ financial year-end closure of accounts - Deadlines and procedures

Section S of the School Finance Manual is now published on the Services for Schools Portal.

Schools’ accounts form part of the Local Authority’s accounts and therefore the accounting policies used by schools must be consistent with those which the LA is required to follow in order to comply with accounting standards and statutory requirements.

Section S details the year-end requirements that schools must follow in closing their accounts for the current financial year. In particular, schools must adhere to:

  • the LA accruals policy as laid down in sub-section 2.3 & 2.4
  • Year-end submission dates as laid down in Annexe 1 – Year-End Closing Timetable

To access the information schools will need to log-in to the Schools Portal and then select 'Resources' at the top of the page and search for 'Finance Manual.'

In case of query, please email the Schools Finance & Monitoring Team;