Al-Nuaimi, Adam

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1  Reserves Held by Schools in Wales at 31 March 2014   Introduction This statistical release provides an analysis of financial reserves held by schools in Wales for the financial years 2012-13 and 2013-14.  Reserves are sums of money that schools carry forward from one year to the next.  They arise from underspends and overspends against school allocations over time.  Key points • The overall level of reserves held by schools in Wales was £60 million at 31 March 2014, the equivalent of £132 per pupil (table 1) and the lowest level since at least 2001.  This is a decrease of 13.9% compared with the previous year (table 2).  Reserves in primary schools accounted for £43 million or 72% of the total (table 4).• The level of reserves as a percentage of delegated schools expenditure was 2.8%, a decrease of 0.5 percentage points over the previous year (table 2).• Denbighshire had the highest level of reserves as a percentage of delegated school expenditure at 5.2% and Cardiff had the lowest at 0.1% (table 2 and chart 4).• At 31 March 2014, 152 primary, 61 secondary and 2 special schools in Wales had negative reserves (i.e. deficits) totalling £13 million.  The remaining 1,449 schools had positive reserves, 191 of which had reserves in excess of 10% of their total delegated expenditure (tables 3 and 4). 010203040506070802001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014£ millionPrimary Secondary Special Middle Nursery(a)  Nursery schools are shown from 2007 onwards and middle schools from 2014 onwards.Chart 1: Reserves held by schools as at 31 March (a) Additional information is available at www.statswales.wales.gov.uk Contact: Anthony Newby    Tel: 029 2082 5673    E-mail: stats.finance@wales.gsi.gov.uk  Statistician: Adam Al-Nuaimi   Next Update: October 2015 (provisional) Twitter: www.twitter.com/statisticswales  | www.twitter.com/ystadegaucymru   SDR 173/2014                                                                                                                                   23 October 2014 2 Table 1 - Delegated schools expenditure, level of school reserves and reserves per pupil2013-14 School reserves at 31 March 2014 School reserves at 31 March 2014AuthorityDelegated school expenditure (£ million)Delegated school expenditure per pupil (£) (a)Positive reserves(£ million)Negative reserves(£ million)Total reserves(£ million)Positive reserves per pupil(£) (a)Negative reserves per pupil(£) (a)Total reserves per pupil(£) (a)Isle of Anglesey 45.6 4,911 2.4 -0.9 1.5 257 -93 164Gwynedd 86.5 5,264 4.0 -0.2 3.8 243 -13 230Conwy 79.1 5,142 3.5 -0.0 3.4 226 -2 224Denbighshire 74.4 4,914 4.3 -0.4 3.9 283 -26 257Flintshire 105.8 4,632 2.6 -0.4 2.2 113 -18 95Wrexham 87.7 4,747 2.0 -0.2 1.8 108 -9 100Powys 87.1 4,730 4.2 -1.4 2.8 230 -77 153Ceredigion 48.9 5,172 1.7 -0.2 1.5 181 -22 159Pembrokeshire 84.3 4,768 2.4 -0.1 2.3 134 -3 131Carmarthenshire 128.0 4,780 5.0 -0.8 4.2 186 -29 156Swansea 153.9 4,586 7.5 -0.2 7.3 223 -6 217Neath Port Talbot 90.9 4,648 3.5 -0.5 2.9 178 -28 150Bridgend 105.3 4,676 2.8 -0.3 2.5 123 -13 110Vale of Glamorgan 94.8 4,514 3.2 -0.2 3.1 154 -8 146Cardiff 234.2 4,684 4.0 -3.6 0.3 80 -73 7Rhondda Cynon Taf 189.2 4,861 6.0 -1.7 4.3 154 -44 110Merthyr Tydfil 42.5 4,854 0.8 -0.4 0.4 88 -48 41Caerphilly 120.8 4,388 3.1 -0.3 2.7 111 -11 100Blaenau Gwent 48.4 5,319 1.9 -0.4 1.5 207 -39 168Torfaen 68.8 4,647 2.5 -0.1 2.4 168 -6 162Monmouthshire 51.7 4,570 1.4 -0.5 1.0 125 -40 84Newport 100.6 4,237 4.2 -0.3 3.8 175 -14 161Wales 2,128.6 4,723 72.7 -13.1 59.7 161 -29 132Lowest 4,237 0.8 -3.6 0.3 80 -93 7Highest 5,319 7.5 0.0 7.3 283 -2 257Source:  Section 52 Outturn formsTable 1 provides an analysis of the reserves position at 31 March 2014 and the delegated schools expenditure during the 2013-14 financial year. Schools within each local authority can have positive or negative reserves and this is shown in more detail in tables 6 and 7. Denbighshire recorded the highest level of overall reserves per pupil (£257) while Cardiff recorded the lowest level (£7).(a) Calculated using provisional data.  Full-time equivalent pupil numbers are calculated from the Pupil Level Annual School Census 2014. They are based on numbers at January 2014 so will not reflect changes throughout the year.  They include pupils attending nursery, primary, middle, secondary and special schools but exclude those attending pupil referral units.£0£50£100£150£200£250£300CardiffMerthyr TydfilMonmouthshireFlintshireWrexhamCaerphillyBridgendRhondda CynonTafPembrokeshireVale of GlamorganNeath Port TalbotPowysCarmarthenshireCeredigionNewportTorfaenIsle of AngleseyBlaenau GwentSwanseaConwyGwyneddDenbighshireChart 2: Reserves per pupil at 31 March 2014Wales average 3 Table 2 - Year on year changes in school reserves£ millionSchool reserves at 31 MarchPositive Negative Total Total% %Authority 2013 2014 Change 2013 2014 Change 2013 2014 Change 2013 2014Isle of Anglesey 2.2 2.4 0.2 -1.0 -0.9 0.1 1.2 1.5 0.3 2.6 3.3 0.7Gwynedd 4.1 4.0 -0.1 -0.2 -0.2 0.0 3.8 3.8 -0.0 4.5 4.4 -0.2 Conwy 3.8 3.5 -0.3 -0.0 -0.0 -0.0 3.8 3.4 -0.3 5.0 4.3 -0.6 Denbighshire 3.6 4.3 0.7 -0.7 -0.4 0.3 2.9 3.9 1.0 4.1 5.2 1.2Flintshire 2.9 2.6 -0.4 -0.3 -0.4 -0.1 2.6 2.2 -0.4 2.6 2.1 -0.6 Wrexham 1.9 2.0 0.1 -0.2 -0.2 0.1 1.7 1.8 0.1 2.0 2.1 0.1Powys 4.1 4.2 0.2 -1.5 -1.4 0.1 2.6 2.8 0.2 3.0 3.2 0.2Ceredigion 1.9 1.7 -0.2 -0.3 -0.2 0.1 1.6 1.5 -0.1 3.5 3.1 -0.4 Pembrokeshire 2.8 2.4 -0.5 -0.1 -0.1 0.0 2.8 2.3 -0.5 3.4 2.7 -0.6 Carmarthenshire 5.9 5.0 -0.9 -0.6 -0.8 -0.2 5.3 4.2 -1.1 4.1 3.3 -0.9 Swansea 6.8 7.5 0.7 -0.6 -0.2 0.4 6.2 7.3 1.1 4.1 4.7 0.6Neath Port Talbot 3.7 3.5 -0.2 -0.3 -0.5 -0.2 3.4 2.9 -0.4 3.6 3.2 -0.3 Bridgend 3.9 2.8 -1.2 -0.2 -0.3 -0.1 3.7 2.5 -1.3 3.7 2.3 -1.4 Vale of Glamorgan 3.3 3.2 -0.1 0.0 -0.2 -0.2 3.3 3.1 -0.2 3.6 3.2 -0.3 Cardiff 5.3 4.0 -1.4 -2.6 -3.6 -1.1 2.8 0.3 -2.4 1.2 0.1 -1.1 Rhondda Cynon Taf 6.9 6.0 -0.9 -1.2 -1.7 -0.6 5.8 4.3 -1.5 3.2 2.3 -0.9 Merthyr Tydfil 1.5 0.8 -0.7 -0.0 -0.4 -0.4 1.5 0.4 -1.1 3.4 0.8 -2.6 Caerphilly 5.0 3.1 -1.9 -0.2 -0.3 -0.1 4.7 2.7 -2.0 4.0 2.3 -1.7 Blaenau Gwent 2.0 1.9 -0.1 -0.5 -0.4 0.2 1.5 1.5 0.0 3.1 3.2 0.0Torfaen 2.7 2.5 -0.3 -0.1 -0.1 -0.0 2.7 2.4 -0.3 3.9 3.5 -0.5 Monmouthshire 1.6 1.4 -0.2 -0.4 -0.5 -0.1 1.2 1.0 -0.2 2.3 1.8 -0.5 Newport 4.5 4.2 -0.4 -0.2 -0.3 -0.2 4.4 3.8 -0.6 4.5 3.8 -0.7 Wales 80.4 72.7 -7.7 -11.2 -13.1 -1.9 69.2 59.7 -9.6 3.3 2.8 -0.5 Lowest 1.2 0.1Highest 5.0 5.2Source:  Section 52 Outturn formsTable 2 shows the annual changes in school reserves.  Compared to the previous year, the overall level of positive reserves decreased by £7.7 million and the level of negative reserves increased by £1.9 million. These figures combine to show a decrease of £9.6 million in the overall level of reserves.School reserves at 31 March as a percentage of delegated school expenditurePercentage point change4 Table 3 - Number of schools with reserves as a percentage of delegated schools expenditurenumberSector NegativeLess than 5%Between 5% and 10% Over 10% All schoolsNursery 2 9 1 6 18Primary 152 681 380 171 1,384Middle 0 2 1 0 3Secondary 61 129 25 4 219Special 2 18 12 10 42Total 217 839 419 191 1,666Table 3 shows the number of schools in Wales with reserves as a percentage of delegated schools expenditure at the end of 2013-14 broken down by school sector. The table groups schools according to whether the level of reserves is negative (i.e. a deficit), under 5%, between 5% and 10%, or over 10% of their delegated school expenditure. 152 primary and 61 secondary schools had negative reserves at the end of March 2014.  A further 171 primary and 4 secondary schools had reserves of over 10% of their expenditure.    Table 4 - Total value of school reserves as a percentage of delegated schools expenditure£ millionSector NegativeLess than 5%Between 5% and 10% Over 10% All schoolsNursery 0.0 0.1 0.0 0.3 0.4Primary -3.1 16.1 19.2 10.6 42.8Middle 0.0 0.3 0.4 0.0 0.7Secondary -9.9 11.8 6.6 1.8 10.3Special 0.0 1.0 1.6 2.9 5.5Total -13.1 29.3 27.9 15.6 59.7Table 4 shows the total value of reserves as a percentage of delegated schools expenditure at the end of 2013-14.  The total deficit for schools with negative reserves was £3 million for primary and £10 million for secondary schools.  Reserves in schools with over 10% of their delegated expenditure amounted to £11 million for primary and £2 million for secondary schools.    per centSector NegativeLess than 5%Between 5% and 10% Over 10%Nursery 11 50 6 33Primary 11 49 27 12Middle 0 67 33 0Secondary 28 59 11 2Special 5 43 29 24Total 13 50 25 11Source:  Section 52 Outturn formsTable 5 shows the proportion of schools with reserves as a percentage of delegated schools expenditure at the end of 2013-14.  11% of primary schools and 28% of secondary schools had negative reserves.  A further 12% of primary schools and 2% of secondary schools had reserves greater than 10% of their delegated schools expenditure.Table 5 - Proportion of schools across each sector with reserves as a percentage of delegated schoolsexpenditure  5 per centNegativeLess than 5%Between 5% and 10% Over 10%Isle of Anglesey 13 46 19 22Gwynedd 6 43 35 16Conwy 3 52 33 12Denbighshire 7 29 47 17Flintshire 15 53 26 6Wrexham 8 80 11 0Powys 25 27 16 32Ceredigion 7 34 29 29Pembrokeshire 1 54 33 11Carmarthenshire 20 39 23 18Swansea 3 43 36 18Neath Port Talbot 20 38 36 6Bridgend 16 65 18 2Vale of Glamorgan 6 61 24 8Cardiff 22 62 13 3Rhondda Cynon Taf 13 52 28 7Merthyr Tydfil 38 59 3 0Caerphilly 16 74 9 1Blaenau Gwent 10 50 30 10Torfaen 10 49 31 10Monmouthshire 17 47 25 11Newport 5 62 28 5Wales 13 50 25 11Lowest 1 27 3 0Highest 38 80 47 32Source:  Section 52 Outturn formsTable 6 shows the proportion of schools whose level of reserves is negative (i.e. a deficit), under 5%, between 5% and 10%, or greater than 10% of their delegated schools expenditure.  Merthyr Tydfil had the highest proportion of its schools with negative reserves (38%), whilst Pembrokeshire had the lowest proportion of its schools with negative reserves (1%).  At the other end of the scale, Powys had the highest proportion of schools (32%) with reserves of over 10%.Table 6 - Proportion of all schools across each local authority with reserves as a percentage of delegated schools expenditure0102030405060200320042005200620072008200920102011201220132014200320042005200620072008200920102011201220132014200320042005200620072008200920102011201220132014200320042005200620072008200920102011201220132014Proportion (%)Negative Less than 5% Between 5% and 10% Over 10%Chart 3:  Proportion of schools across each year with reserves as a percentage of delegated schools expenditure 6 0 1 2 3 4 5 6CardiffMerthyr TydfilMonmouthshireFlintshireWrexhamRhondda Cynon TafCaerphillyBridgendPembrokeshireWalesCeredigionBlaenau GwentNeath Port TalbotVale of GlamorganPowysCarmarthenshireIsle of AngleseyTorfaenNewportConwyGwyneddSwanseaDenbighshirePercentage of delegated schools expenditureChart 4:  School reserves as a percentage of delegated schools expenditure201420137 Table 7 - Level of school reserves at 31 March 2014, by school sector£ millionNursery Primary Middle Secondary Special OverallAuthority Positive Negative Total Positive Negative Total Positive Negative Total Positive Negative Total Positive Negative Total TotalIsle of Anglesey . . . 1.3 -0.1 1.2 . . . 1.0 -0.7 0.3 0.0 0.0 0.0 1.5Gwynedd . . . 2.6 -0.0 2.6 . . . 1.3 -0.2 1.1 0.1 0.0 0.1 3.8Conwy . . . 2.0 -0.0 2.0 . . . 1.4 0.0 1.4 0.1 0.0 0.1 3.4Denbighshire . . . 2.0 -0.1 1.9 . . . 1.2 -0.3 0.9 1.1 0.0 1.1 3.9Flintshire 0.0 0.0 0.0 1.9 -0.1 1.7 . . . 0.4 -0.3 0.1 0.3 0.0 0.3 2.2Wrexham 0.0 0.0 0.0 1.5 -0.0 1.5 . . . 0.5 -0.1 0.3 0.0 0.0 0.0 1.8Powys . . . 2.7 -0.3 2.4 . . . 1.1 -1.1 0.1 0.4 -0.0 0.4 2.8Ceredigion . . . 1.4 -0.0 1.4 0.1 . 0.1 0.3 -0.2 0.1 . . . 1.5Pembrokeshire . . . 2.1 0.0 2.1 . . . 0.2 -0.1 0.2 0.1 0.0 0.1 2.3Carmarthenshire 0.0 0.0 0.0 3.0 -0.5 2.4 . . . 1.7 -0.3 1.4 0.3 0.0 0.3 4.2Swansea . . . 5.1 -0.0 5.1 . . . 2.3 -0.2 2.2 0.1 0.0 0.1 7.3Neath Port Talbot . . . 2.2 -0.2 1.9 . . . 1.1 -0.3 0.8 0.2 -0.0 0.2 2.9Bridgend 0.0 0.0 . 1.3 -0.1 1.1 . . . 1.0 -0.2 0.8 0.5 0.0 0.5 2.5Vale of Glamorgan 0.1 0.0 0.1 2.0 -0.1 1.9 . . . 0.9 -0.1 0.8 0.2 0.0 0.2 3.1Cardiff 0.1 0.0 0.1 3.0 -0.6 2.4 . . . 0.4 -3.0 -2.7 0.6 0.0 0.6 0.3Rhondda Cynon Taf 0.0 -0.0 -0.0 4.2 -0.1 4.1 0.4 . 0.4 0.9 -1.6 -0.8 0.5 0.0 0.5 4.3Merthyr Tydfil 0.0 -0.0 -0.0 0.3 -0.1 0.2 . . . 0.3 -0.3 0.1 0.1 0.0 0.1 0.4Caerphilly . . . 1.4 -0.2 1.2 . . . 1.2 -0.1 1.1 0.4 0.0 0.4 2.7Blaenau Gwent . . . 1.2 -0.1 1.1 0.2 . 0.2 0.2 -0.3 -0.1 0.3 0.0 0.3 1.5Torfaen 0.1 0.0 0.1 1.4 -0.1 1.4 . . . 1.0 -0.0 0.9 0.0 0.0 0.0 2.4Monmouthshire . . . 1.1 -0.2 0.8 . . . 0.3 -0.2 0.1 0.0 0.0 0.0 1.0Newport 0.0 0.0 0.0 2.4 -0.0 2.4 . . . 1.5 -0.3 1.2 0.2 0.0 0.2 3.8Wales 0.4 -0.0 0.4 46.0 -3.1 42.8 0.7 0.0 0.7 20.2 -9.9 10.3 5.5 -0.0 5.5 59.7Source:  Section 52 Outturn forms. not applicableTable 7 shows the level of school reserves by local authority and school sector.  The overall level of reserves were £43 million in primary schools and £10 million in secondary schools.8 TECHNICAL NOTES ON RESERVES HELD BY SCHOOLS DATA  Data sources The main source of information about local education authority expenditure is the Section 52 outturn (S52) return required under Section 52 of the Schools Standards and Framework Act 1998, provided by local authorities. Data has been collated in this way from 2001.  Prior to this, the data was not aggregated centrally to provide a Wales position.  Definitions Reserves are sums of money that schools carry forward from one year to the next.  They arise from underspends and overspends against school allocations over time. Delegated school expenditure is actual education spending that is purely delegated or devolved by local authorities to schools and does not include any money held centrally by the local authority and spent on behalf of schools.  Background Schools are responsible for managing their own finances.  The level of reserves held by an individual school at any point in time will depend on a number of factors.  These will include the timing of receipt of income and of payments, the level of contingency fund the school governing body considers is appropriate and the particular plans each school has for expenditure.  Data quality Wales collect 100% of returns from all twenty-two unitary authorities. We publish a detailed quality report on Welsh Local Government Finance statistics.    Rounding In tables where figures have been rounded to the nearest final digit there may be an apparent discrepancy between the sum of the constituent items and the total as shown.  Accessing the data Much of the data behind the charts and tables in this release are available on ‘StatsWales’ (a free-to-use internet service that allows visitors to view, manipulate, create and download information from the most up to date and detailed official data in Wales).  To access the data, please click on the following link: https://statswales.wales.gov.uk/Catalogue/Local-Government/Finance/Revenue/Delegated-School-Outturn →Local government  →Finance  →Revenue  →Delegated school outturn  Further information Statistics on education expenditure are also published in both England and Scotland.  Feedback We welcome feedback on our statistics.  If you have any comments or if you need more information, please contact us using the details below.  Local Government Finance Statistics Knowledge and Analytical Services Welsh Government Cathays Park Cardiff CF10 3NQ  Email: stats.finance@wales.gsi.gov.uk Tel:  029 2082 5673    

Reserves held by schools in Wales at 31 March 2014

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