Review of Value for Money 2021-22
As accounting officer, the Headmaster has responsibility for ensuring that the school delivers good value in the use of public resources. The accounting officer understands that value for money refers to the educational and wider societal outcomes achieved in return for the taxpayer resources received. The accounting officer considers how the school’s use of its resources has provided good value for money during each academic year, and reports to the Board of Trustees where value for money can be improved, including the use of benchmarking data where appropriate. The accounting officer for the school has delivered improved value for money during the year by:
- Maintaining a tight budgetary control system
- Making the most of the benefits of economies of scale as the school grows in capacity
- Undertaking competitive tender processes using DfE Buying for Schools services for utility contracts and IT equipment procurement
Executive Pay 2021-22
The full details of executive pay can be found in the Trust’s annual report and accounts, as published on the Trust website and Companies House. This document provides a summary of the number of employees whose benefits exceeded £100,000, in line with the latest requirements in the Education & Skills Funding Agency’s (ESFA) Academies Financial Handbook 2021.
During the 2021/22 academic year, pay for one staff member exceeded £100,000, and sat within the £120,001-£130,000 salary band. This staff member is entitled to be a member of the Teachers’ Pension scheme and no special conditions or entitlements apply compared to other staff.