GOV.UK
ST PETER'S SCHOOL, YORK
Company number: 06927030
Reporting period:
1 March 2020
to 31 August 2020
This report was filed on 13 October 2020
and approved by Rachael Johnson
Payment statistics
Average time taken to pay invoices: 18 days
Invoices paid:
- within 30 days: 79%
- in 31 to 60 days: 20%
- in 61 days or more: 1%
Invoices due but not paid within agreed terms: 53 %
Payment terms
Standard payment period for qualifying contracts
7 days
Standard payment terms
We aim to pay most of our suppliers within a 30 day period. A number of suppliers have terms which allow for payment at the end of the month following month of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
61 days
Every effort is made to pay suppliers promptly and keep within supplier payment terms. As a school there are periods outside of term time where budget holders are not available to authorise payment of a particular invoice and therefore some delays may occur over the holiday periods.
Any other information about payment terms
We have experienced a larger number of invoices being paid outside the due date during this reporting period. This is because of the pandemic, the premises were locked down and staff were working remotely.
Dispute resolution process
Suppliers chasing payment usually contact the Purchase Ledger clerk in the first instance who would then request a copy of the missing invoice. Clarification would then be sought from the budget holder who ordered the goods as to whether there is a reason the invoice should not be paid or whether it is simply a missing invoice requiring approval.
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