Cash flow forecasts should be completed three times a
year as follows:
For cash advances to be based on your cashflow
forecast, please submit to us one month before the advance is
due to paid.
Please use the following instructions to complete a
Cash Flow Forecast (xls, Jun 06,
53KB). The method of completion does not depend on which of
the forecasts is being prepared:
- Enter for each month the total value of staffing salary costs
for all staff excluding those funded from the standards
fund. Salary costs for these purposes include anything paid
through payroll such as travel and subsistence
- Enter for each month the value of any other staff related
costs. For example, advertising
- Enter for each month the value of total premises costs
- Enter for each month the value of total supplies and services
costs
- Enter for each month the total value of staffing salary costs
for staff funded from the standards fund including travel and
subsistence
- Enter for each month the value of non-staffing costs funded
from the standards fund. This should include any staff related
costs such as advertising
- Enter for each month the value of any other official income
collected by the school
- Enter the total school standards grant which is advanced in
full at the beginning of the financial year
- Enter the balance carry forward from the previous year
- Enter the total formula allocations, standards fund allocations
and all income advanced by the LEA which should include any
subsequent allocations during the financial year
The balance of allocations not planned to be spent will
calculate automatically.
This figure represents the amount of funding that will be
carried forward to the next financial year and is included in the
advance for April.
The percentage cash advances are calculated by comparing the
monthly advances needed each term to the total cash advance.
