# The School Governors' Annual Reports (Wales) Regulations 2001, Paragraph 4


A financial statement—
(a) reproducing or summarising any financial statement of which a copy has been provided to the governing body by the local education authority under section 52 of the 1998 Act since the previous governors' report;
(b) indicating, in general terms, how any sum made available to the governing body by the authority (including the school’s budget share) in the period covered by the report was used;
(c) giving details of the application of any gifts made to the school in that period; and
(d) stating the total amount of any travelling and subsistence allowances paid to members of the governing body in that period.

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Source: https://www.legislation.gov.uk/wsi/2001/1110/schedule/paragraph/4 (the official version)
Page: https://openlegislation.uk/school-governors-annual-reports-wales-regulations-2001/schedule/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.