1. Rosemead Budget Presentation
Financial Year
Gavin Knott (Treasurer)

2. Introduction History. Aim to achieve 10% surplus and refurbish school
= 312k (9.5%) (Mansard Roof)
= £392k (10.5%) --- (Year 5)
= £428k (11.4%) ----(Year 4)
* = £338k (8.83%) --(Year 3 + EC)
= £376k ( 9.32%) --(EC Frontage)
*Current year
Based on Actual (Autumn/Spring) + Summer Budget

3. Budget Overview

4. Revenue Revenue up by 6.3% Decreased ‘Additional Income’ (44k/58k)
Improving Roll (355)
Fee Increase (4%)
Decreased ‘Additional Income’ (44k/58k)
Arising from
Increased provision for Bursaries (2.5% (1.5%) of Fee income)
Reduction in ‘additional nursery sessions

5. Staff Costs Teaching Staff Non-Teaching Staff
Overall Increase (tbc)
16/17 Under review
Additional Gaps students and TA sought
Non-Teaching Staff
Admin replacement
Addl support staff
?% uplift + incremental changes
Awaiting board decision

6. Educational Costs
Spending on school resources tightened as roll reduced – inflationary increase allowed
Increase in reflects new charges for Disbursements (previously as income)
Increase in ICT spend to reflect school roll and iPad/Chrome book rollout
Teacher Resources - spending controlled by Headmaster

7. Premises
Increased Maintenance budget included to address previously held projects.
2 years exclusion of refurbishment projects
Plan for TPR ground floor toilets
? Reception development
Request for additional sum to maintain Rosendale playing field
Increased Insurance levy costs
ICT development plan

8. Office and Administration
Inflationary increases applied
Allowance for 3Sys licence and template development
Recurring fee for Maths Whizz included

9. Catering and Other
Catering uplift plus increase for additional school roll
Professional Fees
Reduced to reflect adjustment to delivery plan
Depreciation held to reflect Accounts

10. Summary Balanced Budget Investment in Staff and Educational Resources
Revenue has increased 6.3% vs Expenditure increase held to 3.8%
Investment in Staff and Educational Resources
Provision to complete ICT
Cash-flow to be finalised
No issues expected. Allowance to be made for major CapEx works next year.