You are here:
Charging for school premises: lettings
Generate income for your school by letting your school premises. Learn how to set your costs and where to turn for advice on VAT.
You can charge for lettings (and make a profit)
Your governing body or academy trust can decide to charge for letting the school premises.
That's because the board or trust is responsible for the day-to-day running of your school land and buildings, and for the health and safety of pupils. This is set out in the Governance Handbook (Section 6.11).
You're also allowed to make a profit. Any profit you make must be reinvested in the school (see section 6.11.5 of the Governance Handbook).
If you're in an academy, check the following before you decide to let your premises and whether to charge:
- Academies Financial Handbook
- Your articles of association
- Your funding agreement
These documents will set the ground rules for what you can charge for, and when you can make a profit.
How to decide how much to charge
More from The Key
Bitesize training with a big impact
Our on-demand training has your whole board covered and lets them learn at a time and pace that suits them.
Help your new governors hit the ground running with our expertly-designed induction training, and our role-specific courses support your link governors develop key skills and confidence in their role.
The Key has taken great care in publishing this article. However, some of the article's content and information may come from or link to third party sources whose quality, relevance, accuracy, completeness, currency and reliability we do not guarantee. Accordingly, we will not be held liable for any use of or reliance placed on this article's content or the links or downloads it provides. This article may contain information sourced from public sector bodies and licensed under the Open Government Licence v3.0.