Disposal and write-off policies

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