Private School Fund
About the School Fund
Aldercar Infant and Nursery School is a local authority maintained school, and receives the majority of it's funding from the local authority. Schools can also generate their own income, for example from fundraising activities held throughout the year. This income is kept separately from the local authority funding, and is known as the Private School Fund.
All monies within the Private School Fund are kept in a separate bank account and are the responsibility of the school Governing Body, with operational responsibility passed to the Headteacher. As with public funds, the Private School Fund is subject to financial controls, and schools have a duty to make sure that accurate financial records are kept, and that the fund is audited annually by an independent auditor.
The Private School Fund was last audited on 22nd November 2016, in accordance with the Derbyshire County Council Scheme for Financing Schools. As contributors towards the Private School Fund, parents are entitled to view the audited private fund account. Anyone wishing to do so should contact the school office.
What the school fund is used for
The Private School Fund is used to provide extra resources, activities and equipment for the children, that we would otherwise not be able to buy. From September 2015 to July 2016, the fund has been used to buy:
- A further set of Ipads and cases
- Partake drama workshop
- Books from The Book People and The Travelling Book Fair
- Geoffrey Jumper magic show
- Party food at Easter and Christmas
- Presents from Santa
- Travelling By Tuba music workshop
- Subsidising transport for school trips
- Classroom resources