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School deposits

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Comments

  • Schoolmummy1978
    Schoolmummy1978 Posts: 3 Newbie
    I dont think there would be any doubt that they could fill the places, especially for the 2014 start. I read a small thread on the telegraph site that had said retaining of deposits with such significant notice was little more than profiteering and that both trading standards and the independent schools bursars association had strongly advised against it. Other private schools locally refund 75% of the deposit, retaining the 25% for admin costs. I'm going to speak to trading standards in the am before I speak to the bursar again. Thanks for your advice.
  • Flyboy152
    Flyboy152 Posts: 17,118 Forumite
    goater78 wrote: »
    I think they can easily make up £350's worth of expenses. Its not a huge sum of money and I think they could easily justify it. Especially for September

    I don't think even District Judges are that stupid. On top of which, committing fraud is a very risky venture, for the sake of just seven hundred pounds.
    The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark
  • System
    System Posts: 178,369 Community Admin
    10,000 Posts Photogenic Name Dropper
    It wouldn't be fraud if you can justify the expense. £350 is not that much money.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Flyboy152
    Flyboy152 Posts: 17,118 Forumite
    goater78 wrote: »
    It wouldn't be fraud if you can justify the expense. £350 is not that much money.

    It would be fraud if they lied to justify the expense. If those expenses didn't actually occur it would be lying. As I said District Judges are not stupid, they can spot a jumped up cost estimate a mile off.
    The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark
  • System
    System Posts: 178,369 Community Admin
    10,000 Posts Photogenic Name Dropper
    Flyboy152 wrote: »
    It would be fraud if they lied to justify the expense. If those expenses didn't actually occur it would be lying. As I said District Judges are not stupid, they can spot a jumped up cost estimate a mile off.

    I'm not 100% sure you know what fraud is. I suggest you google it
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Flyboy152
    Flyboy152 Posts: 17,118 Forumite
    False accounting and making up evidence and presenting to a court is fraud, as well as perjury. :wall:
    The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    OK let's call it an option and not a deposit. An option to take up a place at a future date.

    I think £350 is easy to account for by the way. If I was the school I would be sticking to my guns.
  • neilmcl
    neilmcl Posts: 19,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hintza wrote: »
    OK let's call it an option and not a deposit. An option to take up a place at a future date.

    I think £350 is easy to account for by the way. If I was the school I would be sticking to my guns.
    Go on, account for it then. :)
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    Assuming you pro-rata your enrollement costs for the year on each pupil joining that school that year. It shouldn't be too difficult.

    Advertising costs, staffing costs, heat and light, IT costs, cost to cover admissions office space etc etc.

    With a decent accountant you could probably exceed the £350 if you really tried.

    Bu66er me a new headlamp for my car is £350 which bears little or no relation to the costs of production.
  • halibut2209
    halibut2209 Posts: 4,250 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    None of those examples are relevant as they are not unique to the OP
    One important thing to remember is that when you get to the end of this sentence, you'll realise it's just my sig.
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