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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 2020-21.
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).
Changes for 2020-21
I18A: income from the Coronavirus Job Retention Scheme for staff who were furloughed by your school I18B: income from the DfE grant scheme for reimbursing exceptional costs associated with COVID-19 that were incurred between March and July 2020 I18C: income from the £1bn COVID-19 catch-up package announced on 20 July 2020, and any
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