Example from the ISBL
The Institute of School Business Leadership (ISBL) has an example write-off and asset disposal policy (scroll down to 'Estate management').
It recommends a 3-yearly review cycle.
Examples from schools
Community primary school in Redbridge
Churchfields Junior School's disposal and and write-off policy sets out areas including:
- The process for writing off assets
- What constitutes a 'loss' of property
- Situations where governors are informed of write-offs
Community secondary school in Rochdale
Falinge Park High School has an asset disposal policy that sets out areas including:
- Who can authorise a disposal
- The school's process for writing off equipment or stock
- How the school amends its inventory afterwards
It also includes an asset disposal form for the disposal of obsolete stock items.
Example from a MAT
The Blue Kite Academy Trust in Swindon has an asset write-off and disposal policy that covers areas such as:
- Owned assets
- Fixed assets
- Other non-capital assets