Private School Fund
About the School Fund
Brockwell Nursery and Infant School is a local authority maintained school, and receives the majority of its 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 is audited annually by an external party. Our fund was last audited 14th August 2019, 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, the fund has been used to buy:
- Ipads for Nursery
- Pantomime Christmas Show
- Scooter Rack for outside school
- Subsidising transport for school trips
- Classroom resources
- A caterpillar drying rack for Year 2
- Mr Dan circus skills
- Skipping workshops
- Creativity in the Curriculum week guests and resources
- Outdoor investigative equipment to enhance learning
- And made a HUGE contribution to the new shelter for Year 1 and 2