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Signs a school may be closing.

Discussion in 'Independent' started by welshchocoholic1, Nov 22, 2015.

  1. welshchocoholic1

    welshchocoholic1 Senior commenter

    What, if any, are the signs that a school may be closing down? Thanks.
     
  2. TheoGriff

    TheoGriff Star commenter

    .

    Above all, rapid fall in pupil numbers.

    Best wishes

    .
     
    welshchocoholic1 likes this.
  3. caterpillartobutterfly

    caterpillartobutterfly Star commenter

    I visited a 3 - 18 school which had about 5-7 pupils per year group and were advertising 3 different posts at the same time, to start after half term.
    Was clearly not a tenable state and I didn't apply.

    I visited a different one ( a 4 - 11) a year or so ago, with similar pupil numbers, but had just been bought out by a parent co-op and could say for sure they were secure for the next three years, but unsure after that. However, the pay was very, very low so not sure who they appointed in the end, but I withdrew.
     
    welshchocoholic1 likes this.
  4. florian gassmann

    florian gassmann Star commenter

    The majority of independent schools are registered charities and so their accounts are readily accessible on the website of the Charities Commission. You don't need to understand balance sheets to read the runes ... compare the following:

    Well-run prep day school (2014 accounts)
    Income £5,197,950
    Spending £4,887,424
    Long-term invesments: £140,000
    Employees 66

    Well-known boys' senior boarding school (2014 accounts)
    Income £61,927,000
    Spending £58,701,000
    Long-term invesments: £305,160,000
    Employees 660

    West-country day and boarding school that closed in July this year
    (2010 accounts - no annual accounts submitted after 2010)

    Income £4,073,425
    Spending £4,313,214
    Long-term invesments: £0
    Employees 161
     
  5. welshchocoholic1

    welshchocoholic1 Senior commenter

    Thanks all. Had a look on charity commissions website. Not looking great :(
     
  6. TheoGriff

    TheoGriff Star commenter

    .

    If you actually read the Reports, rather than just look at the headline figures, you sometimes see worrying things hidden. For example, that increases in pupil numbers have been achieved at the expense of giving discounts, for example to quote one such report by the Trustees: The balance of deals offered, on reflection, were not economical, but a strategic decision to grow market share and "take back", on a short term basis, some of our pupil losses.

    Delving into the accounts, this school seems to have given in the year ending 2014 approx 31% in bursaries and discounts. 31%! This is an enormous amount for a struggling school! 31% overall! Which since presumably some pupils paid full fees, means that some paid a great deal less. In fact, the amount given in bursaries and discounts is only slightly less than the total amount paid in teaching salaries.

    Yes, you read that correctly.

    Bursaries and discounts = £1.67M. Teaching salaries = £1.88M.

    No wonder they say that, on reflection, the deals were not economical.

    Reading the Charity Commission documents can be very interesting. You can see roughly what the Head gets paid. Not very much in this case I'm glad to say!

    Best wishes

    .
     
  7. jarndyce

    jarndyce Occasional commenter

    Ooh, very interesting. You can see roughly how much more they pay the new Head than the last one as well (£20,000ish!) :eek:
     
  8. TheoGriff

    TheoGriff Star commenter

    .

    In your school do you mean @jarndyce ?

    Best wishes

    .
     
  9. jarndyce

    jarndyce Occasional commenter

    A randomly-selected example. ;)
     
  10. TheoGriff

    TheoGriff Star commenter

    .
    Before you all fall off your chairs in astonishment, the salaries of the top earners are sometimes quoted including the contribution to Teachers Pensions, so it can look as though their Base salary is more than if actually is.

    Just check same accounting procedures used for the two people in your random example @jarndyce . It probably is, but you never know.

    Best wishes

    .
     

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