Voluntary funds often provide schools with a substantial source of income. Although such funds are not public money, the standards for the guardianship of these needs to be as rigorous as those for the administration of the schools delegated budget.

Having these private funds audited on an annual basis will give you and your governing body the assurance that records are complete and accurate, safe and efficient systems are in place and maintained and clearly show the financial position of the fund.

drb Schools and Academies Services can undertake an independent audit of all your private fund accounts, including School Fund accounts, Before and After School Clubs, and Parent Teacher Association accounts.