Consistent Financial Reporting (CFR)

Consistent Financial Reporting (CFR)

Consistent Financial Reporting (CFR) is the Government’s coding framework for school income and expenditure. A CFR return is required for all schools maintained by local authorities at the end of each Financial year.

 

CFR Framework for 2024-25

The DfE have published the CFR framework for 2024-25. This is applicable to maintained Schools.

Maintained schools should read the guidance to ensure compliance when recording income and expenditure throughout the year and when submitting the annual CFR return via COLLECT. Please note that new sub-headings for E20 (A to G) and CE04 (A-E) have been added to better breakdown ICT expenditure. This is explained in the what's new section. Schools will need to apportion their spending on these respective codes as per the DfE guidance.

 

Information from Previous Years

CFR Framework for 2023-24

COLLECT is now open for Schools to upload their CFR. Before finalising and uploading your CFR, please read the IMPORTANT INFORMATION FOR SCHOOLS document and make sure that you have followed all of the steps involved in balancing FMS to your final SAP reports which were published to the secure area of BSO on Tuesday 7 May. If your School is no longer using FMS as its accounting package or you already use a system that does not offer a file type compatible with COLLECT, please contact Dawn Haigh at dawn.haigh@bradford.gov.uk or by telephone on 01274 433775.

Schools must upload their 2023-24 CFR Return by no later than Wednesday 15 May 2024.

For information on how to upload your data to COLLECT, please click this link. 

DfE COLLECT Guidance

 

CFR Framework for 2022-23

COLLECT is now open for Schools to upload their CFR. Before finalising and uploading your CFR, please read the IMPORTANT INFORMATION FOR SCHOOLS document and make sure that you have followed all of the steps involved in balancing FMS to your final SAP reports which were published to the secure area of BSO on 9th May.

Users of Access Finance should be able to use Access to produce an XML file.

If your School is no longer using FMS as it's accounting package or you already use a system that does not offer a file type compatible with COLLECT, please read this guidance carefully which details how to prepare and create an XML file for COLLECT.

For information on how to upload your data to COLLECT, please click this link. 

DfE COLLECT Guidance

The DfE have published the CFR framework for 2022-23. This is applicable to maintained Schools. Maintained Schools should read and follow the guidance that has been issued. The guidance clarifies that the Supplementary Grant funding should be included in I01 amongst other changes.

 

CFR Framework for 2021-22

COLLECT is now open for Schools to upload their CFR. Before finalising and uploading your CFR, please read the IMPORTANT INFORMATION FOR SCHOOLS document and make sure that you have followed all of the steps involved in balancing FMS to your final SAP reports which were published to the secure area of BSO on 3rd May. If your School is no longer using FMS as its accounting package or you already use a system that does not offer a file type compatible with COLLECT, please read this guidance carefully which details how to prepare and create an XML file for COLLECT.

For information on how to upload your data to COLLECT, please click this link. 

DfE COLLECT Guidance

The DfE has published its Consistent Financial Reporting (CFR) guide for the 2021/22 financial year. This is applicable for maintained schools.

 

CFR FRAMEWORK   link to Gov.uk page.

 

 

 

Back to the Guidance Page


Page owned by Andrew Redding, last updated on 20/05/2024. This page has been viewed 22,876 times.