Bursar’s Review Spring 2020.

@the_isba Spring 2020 3 Editorial Welcome to the Spring issue …from ISBA’s chief executive, David Woodgate. Bluett House,Unit 11-12,Manor Farm,Cliddesden, Basingstoke,Hampshire,RG25 2JB T: 01256 330369 E: office@theisba.org.uk W: www.theisba.org.uk @the_isba COMPANY NO:6410037 REGISTERED CHARITY:1121757 CHAIRMAN: Penny Rudge CHIEF EXECUTIVE: David Woodgate BSc (Hons) MBA FRSA EDITOR : Gillian Goode BA (Hons) E: gillian@bigpinecommunications.co.uk PUBLISHER Simon Moody PRODUCTION EDITOR: Nicky Rogers T: 01778 391128 E: nickyr@warnersgroup.co.uk EDITORIAL DESIGN: Dean Cole ADVERTISING DESIGN: Natalie Reynolds ADVERTISING MANAGER: Jayne Notley T: 01778 391189 E: jaynen@warnersgroup.co.uk ADVERTISING PRODUCTION: Ellis O'Connell E: productionc@warnersgroup.co.uk PRINTING: Warners Midlands Plc This publication is printed by Warners 01778 395111 PUBLISHING Warners Group Publications,The Maltings, West Street,Bourne,Lincs,PE10 9PH T: 01778 391000 The Bursar’s Review has been carefully prepared, but articles are published without responsibility on the part of the publishers or authors for loss occasioned to any person acting or refraining from action as a result of any view, information or advice included therein.Articles published in the Bursar’s Review do not necessarily reflect the opinions of the Independent Schools’ Bursars Association, nor can the Independent Schools’ Bursars Association, the publishers or authors accept any responsibility for any claims made by advertisers. As I write, the political rollercoaster ride we have been on seems to be slowing for a corner. The Conservative government we now have looks less likely to instigate immediate tax changes and radical sector reform but we’d be foolish to become complacent. We operate in an environment where the only certainty is the pace of change and, with Boris Johnson having seized victory in what were once traditional Labour strongholds, surprises may well be in store for the sector over the next five years. Indeed, we have just heard that the Government plans to significantly raise the starting pay for teachers to £30,000 nationally by September 2022.* How this will be done, and the effects of it (a compression of existing pay scales), will now have to be planned for in schools’ five-year financial projections. On page 8 Guy Biggin, a specialist in risk and strategy, brainstorms some solutions for schools to guard against risk, both unforeseen and expected, and suggests that out of uncertainty can come opportunity. 2019 (or the year of the acronym: TPS, PSVAR anyone?) demonstrated the real need for ISBA’s services to be adaptable, flexible and evolving for member schools. We value any feedback that enables us to improve and shape our services and I would like to thank everyone who has completed the ISBA member survey which we sent to schools in early February. If you haven’t responded yet there is still time as the deadline for completion is 21st February 2020. Sustainability is one topic that no one would argue will continue to feature in conversations in both the short and long-term. On page 12 Nigel Aylwin-Foster talks us through the Renewable Heat Incentive (RHI) and the deadline that schools should be aware of in order to receive government funding. It’s a bumper issue exploring the key topics for schools as we head into the first half of 2020 and we will be discussing all these subjects and more at our annual conference in Birmingham on 12th and 13th May 2020. Book your place online at https://members.theisba.org.uk/conference- booking.aspx and we look forward to seeing you there. David Woodgate Chief executive P.S Don’t miss our catering supplement included in this issue along with details of our brand new catering conference taking place on 27th May at Goodenough College in London. *Announced in the Queen’s Speech of 19th December 2019