All maintained schools are required to follow financial reporting procedures laid down by their local authority in their scheme for financing schools. Maintained schools are required to submit a statement of income, expenditure and balances, via their local authority, as part of the consistent financial reporting (CFR) regulations.

This information is used to populate the schools’ financial benchmarking website available here:

The benchmarking website contains explanatory information surrounding the accounts, and also makes comparisons across schools.