Spent up

3rd March 1995 at 00:00
I was surprised to see that my school appeared in fifth place in a list of schools with "reserves" of Pounds 500,000 or more (TES, February 3).

This balance was the direct result of the governors selling off land to fund the building of a much-needed sports hall. This money has been spent and the sports hall will open in April. Our actual contingency balance at April 1, 1994, was in fact Pounds 35,000.



Ashton-on-Mersey School


Sale, Greater


Log-in as an existing print or digital subscriber

Forgotten your subscriber ID?


To access this content and the full TES archive, subscribe now.

View subscriber offers


Get TES online and delivered to your door – for less than the price of a coffee

Save 33% off the cover price with this great subscription offer. Every copy delivered to your door by first-class post, plus full access to TES online and the TES app for just £1.90 per week.
Subscribers also enjoy a range of fantastic offers and benefits worth over £270:

  • Discounts off TES Institute courses
  • Access over 200,000 articles in the TES online archive
  • Free Tastecard membership worth £79.99
  • Discounts with Zipcar, Buyagift.com, Virgin Wines and other partners
Order your low-cost subscription today