As soon as the month's trial balance arrives, the management accounts are ready: actuals to date, the forecast for the rest of the year and the budget beside them, for one school or the whole group.
Management accounts. October's income and expenditure by month, actual then forecast, against the approved budget.
Build dashboards for the finance committee and the board from the same forecast, and share them with exactly the people who should see them.
A strategic forecast runs the year forward for as many years as you need, each opening on the last one's year end. Layer assumptions on a fixed starting point and compare scenarios side by side.
Model a new boarding house, a fee change or a different roll, each as its own forecast.
Push the assumptions to extremes, such as a 10% fall in the roll, and see where the plan breaks.
Set the pay award, fee increases and inflation for each scenario's later years.
Move a scenario onto newer actuals or the approved budget, and keep its assumptions.
Students and staff joining or leaving in-year, owned by the scenario, not the budget.
Share a scenario with named governors, so the board sees the same plan as finance.
Reports come from the same records the safeguarding team works in, so the numbers always agree. Produce the termly governor report, an inspection summary or a trust-wide view in minutes.
Governor report. Concerns this term by category and school, with referrals and outcomes and no student names, ready for the safeguarding governor.
With filters for SEND, looked-after children and disadvantaged students.
Compare schools across the trust without showing individual students.
Any report as a spreadsheet or PDF, with a record of who downloaded it.
Termly governor reports by category, year group, school and outcome.
An inspection summary for Ofsted, ISI or Estyn, as at any date.
Concerns about adults are kept apart from student records, with their own access. Low-level concerns, allegations and self-referrals each follow the route KCSIE sets out.
