Guidance

Leasing for maintained schools

Information on leasing activities for maintained schools, including the international financial reporting standard (IFRS 16 leases).

• From: Department for Education
• Published: 28 March 2024
• Last updated: 20 January 2025 바카라 사이트� See all updates

Applies to England

Documents

Changes to leasing agreements for maintained schools

HTML

PDF, 129 KB, 2 pages

Details

Many governing bodies of maintained schools take out leases to support day-to-day operation. This can be a sensible value-for-money approach as an alternative to buying assets outright.

바카라 사이트楥hanges to leasing agreements for maintained schools바카라 사이트� outlines the changes effective from 1 April 2024 and what they mean for local authorities and governing bodies of maintained schools.

바카라 사이트楾he IFRS16 Maintained Schools Finance Lease Class Consent 2024바카라 사이트� lists the types of assets that have been granted general consent by the Secretary of State for Education under the Education Act 2002.

Published 28 March 2024

Last updated 20 January 2025 + show all updates

1. 20 January 2025

   Updated page text and 바카라 사이트楥hanges to leasing agreements for maintained schools바카라 사이트� to reflect that IFRS 16 is now in effect.

2. 28 March 2024

   First published.