All schools continue to face very considerable financial pressures in the current economic climate as a result of the Government’s controls on public sector spending in recent years.
Langley Grammar School’s income is about £10 million per year. Of this, over 80% is spent on staffing costs and more than 10% goes on utilities, services and maintenance of our buildings. Less than 10% of our income is available to improve facilities and to provide teaching and learning resources including books, sports equipment, software and computer hardware. Many of these items need to be periodically updated in order to ensure that your son or daughter receives the best possible education.
Grammar schools such as ours are particularly affected by the funding restrictions as we attract little funding for disadvantage or low prior attainment. It has now become the norm rather than the exception for schools of all types to seek financial support from the parents of their students.
Our Development Fund has charitable status and is used to provide some resources and to support small-scale development projects. In recent years the fund has supported improvements to Sixth Form facilities and the sound, lighting and staging in the main Hall. It has also funded an Apple Mac network for creative arts, the installation of a long-jump pit and a number of other smaller projects in addition to the purchase of teaching and learning resources.
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In practice all regular contributions are of value to us, whatever the amount. We would also encourage parents to consider making occasional or ‘one-off’ donations if they feel unable to commit to a regular contribution at this time. In either case, the school is able to use the Gift Aid scheme to reclaim the income tax paid on the donations.
There are two different ways to contribute through Gift Aid.
The school can reclaim the income tax that you have paid on your donation.
For example:
| Monthly donation | £20 |
| Tax reclaimed by the school through Gift Aid | £5 |
| Total value of donation to the school | £25 per month |
| One-off donation | £500 |
| Tax reclaimed by the school through Gift Aid | £125 |
| Total value of donation to the school | £625 |