GOV.UK
ANGLIAN LEARNING
Company number: 07564749
Reporting period:
1 September 2017
to 28 February 2018
This report was filed on 3 April 2018
and approved by Ken Murphy
Payment statistics
Average time taken to pay invoices: 28 days
Invoices paid:
- within 30 days: 66%
- in 31 to 60 days: 30%
- in 61 days or more: 4%
Invoices due but not paid within agreed terms: 0 %
Payment terms
Standard payment period for qualifying contracts
30 days
Standard payment terms
The Academy Trust standard terms are 30 days from date of invoice. If a supplier contract applies different terms to those set as our standard, the Trust will adhere to the contracted payment terms agreed
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
Any other information about payment terms
N/A
Dispute resolution process
The detail process outlined below is not an extract of a formal policy, but a description of working procedure.
If a school has a dispute against the supply of goods or services ordered; then the issue is highlighted to the finance team by the order requisitioner on receipt of faulty goods or inadequate delivery of service.
The finance department will contact the supplier and advise them that the invoice has been noted as disputed (with reason) and will not be passed for payment until resolved. The invoice is marked as disputed on the accounting system and cannot be paid until the requisitioner is satisified that the issue has been resolved. The matter is managed by the finance department who liase to either request replacement goods or receive a credit note. Any disputed invoices of material value related to contract service delivery or quality (above £5000) will be notified to the Principal and Trust COO
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.No
Does this business offer e-invoicing in relation to qualifying contracts? This is where suppliers can electronically submit and track invoices. It’s not just allowing suppliers to email them an invoice.
No
Does this business offer supply chain finance? This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
No
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No