Management Information Sheet
School Financial Value Standard 2021 - 22 (SFVS)
Further to MI sheet number 175/21 we are asking LA schools to submit their related party transactions electronically via your My School login by the 28th February 2022.
It is a requirement that all LA schools submit a return, even if the school has no related party transactions to declare. The Local Authority are required to report to the DfE on the total number and value of related party transactions.
For those schools that have already submitted a return, please could we ask that you complete the electronic submission as well. Apologies for any inconvenience this may cause.
Once you have logged into MySchool, please select finance, then SFVS. There you will be presented with the function to add your related party transactions and submit your return.
Your SFVS checklist should still be completed as normal and submitted by the 28th February to finance.support@norfolk.gov.uk
If you require any additional guidance, please contact the EducationFinance team on finance.support@norfolk.gov.uk or telephone 01603 307758