BENCHMARKING
CHRIS BEAUMONT Partner at Clive Owen LLP • – 12 partner firm – 48 academy trust audits, over 100 schools One of the lead author of Kreston Benchmark Report •
WHY BENCHMARK?
SARA HEADLINES - 2016 2,819 Trusts in cumulative surplus, total £2,287M or • £811K each Trust 165 Trusts in cumulative deficit, total £50M or £306K • each Trust • Net average surplus per academy £90,000
SARA HEADLINES - 2016 Cash holding £3.2Billion • Equates to an average of £560K per school •
KRESTON BENCHMARK REPORT Kreston network • Over 350 Academy Trusts • 130 MATs – 700+ academies – – 80 Primary SAT – 120 Secondary SAT Based on 31 August 2017 data • Sixth year •
2016/17 IN-YEAR DEFICITS PER KRESTON REPORT Primary: 73% • Secondary: 55% • MAT: 44% •
CASH VS RESERVES PER TRUST £2,000,000 £1,800,000 £1,600,000 £1,400,000 £1,200,000 £1,000,000 £800,000 £600,000 £400,000 £200,000 £0 Primary Secondary MAT Average SARA - per academy 15/16 Cash Free reserves
ISSUES WITH BENCHMARKING Comparing like with like • In-house/outsourced – Catering • Cleaning • • ICT Age/condition of premises • Key management renumeration •
TEACHING COST VS NON TEACHING
TEACHING STAFF COST PER PUPIL
RISING PUPIL TEACHER RATIO 2017 2016 Primary: 24.26 24.12 Secondary: 17.37 15.97 MAT: 20.97 19.27
TEACHING TO NON-TEACHING RATIO
TPS as a % of GAG
CEO SALARY Average • Primary £63,984 – Secondary £90,386 – MAT £99,627 –
CFO/SBM SALARY Average • Primary £30,690 – Secondary £47,395 – MAT £50,768 –
KEY MANAGEMENT REMUNERATION
KEY MANAGEMENT COST PER PUPIL
AVERAGE NON-STAFF COST AS PERCENTAGE OF TOTAL COST
NON STAFF COSTS
NON-STAFF COSTS (PER PUPIL) Primary Secondary MAT Education £189 £318 £263 Technology £59 £75 £78 Premises £72 £135 £115 Heat and light £51 £84 £65 Insurance £50 £34 £39 Maintenance £85 £100 £104 Catering £206 £96 £140 Admin/governance £401 £696 £498 £1,113 £1,538 £1,302
NON STAFF COSTS – NOT MUCH LEFT TO CUT? Still targeting a saving of £1billion by 2019/20 • Maintenance and insurance costs have reduced •
AVERAGE REPAIR AND MAINTENANCE SPEND PER PUPIL
AVERAGE CAPITAL EXPENDITURE PER PUPIL
FRAMEWORKS Energy and water supplies • Loans to fund energy saving schemes • Printers, photocopiers or scanners • Microsoft licensing • ICT for education • RPA • Agency staff • www.gov.uk/guidance/buying-for-schools/deals-for-schools
MATS – SURPLUS/DEFICIT PRE TRANSFERS AND DEPRECIATION
MAT - STAFF COSTS TOTAL COSTS PER PUPIL PER PUPIL
TABLE OF CENTRAL SERVICE CHARGE
MAT – TOP SLICE PERCENTAGES
FUNCTIONS OF A MAT CENTRAL TEAM Finance • • Payroll HR • Staff training • IT • Governance • Estates • SEND coordinator • School improvement • Procurement •
CONTACT DETAILS: Chris Beaumont, Partner Gary Ellis, Partner Clive Owen LLP Clive Owen LLP chris.beaumont@cliveowen.com gary.ellis@cliveowen.com 01325 349700 0191 384 2244 Kevin Shotton, Partner Clive Owen LLP kevin.shotton@cliveowen.com 01325 349700
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