1 Citation, commencement and application

(1)    These Regulations may be cited as the Consistent Financial Reporting (England) (Amendment) Regulations 2007 and come into force on the 1st April 2007.

(2)    These Regulations apply only in relation to England.

NOTES
Initial Commencement
Specified date

Specified date: 1 April 2007: see para (1) above.

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2 Amendments to the Consistent Financial Reporting (England) Regulations 2003

2Amendments to the Consistent Financial Reporting (England) Regulations 2003

(1)    The Schedule to the Consistent Financial Reporting (England) Regulations 2003 is amended as follows.

(2)    After “I13 (Donations and/or Voluntary Funds)”, insert—

“I14 (School Standards Grant—Pupil focused)

I15 (Pupil focused extended school funding and/or grants)

I16 (Community focused extended school funding and/or grants)

I17 (Community focused extended school facilities income)”.

(3)    After “E30 (Direct revenue financing)”, insert—

“E31 (Community focused extended school staff)

E32 (Community focused extended school costs)”.

(4)    After “C101 (Capital Income)”, omit “C102 (Loans)”.

(5)    After “BO5 (Other Capital Balances)”, insert “B06 (Community focused extended school revenue balances)”.

NOTES
Initial Commencement
Specified date

Specified date: 1 April 2007: see reg 1(1).

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Signature

Jim Knight

Minister of State

Department for Education and Skills

26th February 2007

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EXPLANATORY NOTE

EXPLANATORY NOTE (This note is not part of the Regulations)

The Schedule to the Consistent Financial Reporting (England) Regulations 2003 provides the approved headings that governing bodies and local education authorities must use when preparing their financial statements.

These Regulations insert additional headings into, and remove one heading from, the Schedule.

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