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


Subscribe to get access to the content on this page.

If you are already a Tes/ Tes Scotland subscriber please log in with your username or email address to get full access to our back issues, CPD library and membership plus page.

Not a subscriber? Find out more about our subscription offers.
Subscribe now
Existing subscriber?
Enter subscription number


The guide by your side – ensuring you are always up to date with the latest in education.

Get Tes magazine online and delivered to your door. Stay up to date with the latest research, teacher innovation and insight, plus classroom tips and techniques with a Tes magazine subscription.
With a Tes magazine subscription you get exclusive access to our CPD library. Including our New Teachers’ special for NQTS, Ed Tech, How to Get a Job, Trip Planner, Ed Biz Special and all Tes back issues.

Subscribe now