Finance committee
The Finance Committee is primarily responsible for overseeing the Financial Management of the school, ensuring all school funds are used appropriately and that the right financial decisions are made. It will continue to discuss financial governance matters at least termly in all Full Governing Board meetings and review the financial performance of the school on a monthly basis. The Committee Members for 2019/20 are Steve Morris (Chair), Marcus Iafrate (Vice Chair), Cam Grant, Adam Donoghue (Chair of Governors) along with Gillian Leadbetter-Simms (Headteacher) and supported by Gill Nye (Admin Officer).  

 

Key responsibilities comprise:

  • Reviewing, understanding and challenging the forecast school expenditure for the year
  • Appraising the school financial performance in the context of other similar schools
  • Approving the annual school budget and 3 year financial prediction
  • Assuring the suitability of the school’s financial controls and that these financial controls are appropriately applied
  • Monitoring the management and use of school funds and ratifying their use against exceptional circumstances
  • Analysing the implementation and review of relevant school policies
  • Ensuring that all school resources are being managed in a way that facilitates the delivery of the School Improvement Plan