Consistent financial reporting (CFR)
Find out the purpose of the consistent financial reporting (CFR) framework for maintained schools and pupil referral units (PRUs), and how to use COLLECT to submit a data return. Plus, see changes for 2021-22.
What is CFR and who is it for?
The CFR framework applies to:
- Maintained schools
- Pupil referral units
It's optional for nurseries and non-maintained special schools.
It provides a standard template for you to collect information about your income and expenditure by financial years. If you're a maintained school, your governing board needs to provide this to your local authority (LA) in a financial statement each year.
- Supports benchmarking
- Allows governors and LAs to produce comparative reports between similar schools
Read more in the guidance from the Education and Skills Funding Agency (ESFA).
Key changes for 2021-22
Information on coronavirus-related grants (section I18)
I18A: income from the coronavirus job retention scheme for staff who were furloughed by your school I18B: income from any coronavirus-related grants, such as grants for testing or free school meals or