This section relates to financial information relation to projected and actual income and expenditure procurement, contracts and financial audit.
| Class | Information Description | Method of Publication | Fee |
|---|---|---|---|
| Funding/ Income |
The Finance Department provides accounting, procurement and contracting services, helping to make best use of resources and fulfilling statutory responsibilities. Information that is commercially sensitive will be excluded from publication The Financial Memorandum between the Higher Education Funding Council for England (HEFCE) and Trinity Laban sets out the terms and conditions for the payment of funds by HEFCE. The Institution’s Board of Governors and the Accounting Officer are responsible for ensuring that conditions of grant are met. As part of this process the Institution must adhere to the HEFCE’s audit code of practice to ensure accountability for risk management, control and governance. The Model Financial Memorandum and Audit Code of Practice are available on the HEFCE website. |
Web |
None |
| Budgetary and Account Information |
The report and financial statements of the Institution and its subsidiary are prepared annually and filed with Companies House and with the Charities Commission (Reg Charity No: 309998). These can be viewed on the Charity Commission website and also the latest accounts can be viewed in the Governance section of the About Us page of this website.. |
Hard copy available Web |
None |
| Financial Regulations and Procedures |
The financial regulations of the Institution and terms and conditions for staff (see HR section) form part of the overall system of accountability, policies and procedures relating to planning and resource allocation, and deployment of resources and are available upon request. |
Hard copy |
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| Staff Pay and Grading Structures |
The Institution has agreed a pay structure based on its implementation of the National Pay Framework. Pay scale details available upon request. |
Hard copy |
None |
| Research Funding |
Information on research funding and activity is set out in the Research pages of the website. |
Web |
None |
| Invoice Payment Performance |
In the financial year ending 31st July 2016, the Conservatoire paid 79% of supplier invoices within agreed 30 days payment terms. |
Hard Copy |
None
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