Finance and Accounting) Regulations do not allow for such amounts to be included in the General Fund and instead must be held in this adjustment account. The statutory override for any Dedicated Schools Grant deficits is effective until 31 March 2028.

Balance at 1 April (1,854) (5,641)

School budget deficit transferred from General Fund in accordance with statutory requirements (3,787) (12,480)

Balance at 31 March (5,641) (18,121)

Dedicated Schools Grant Adjustment Account 2024/25 £000's 2025/26 £000's