Decision details

To approve proposed changes to the North Yorkshire Council leasing arrangements for local authority-maintained schools in order to comply with International Financial Reporting Standards (IFRS) accounting requirements.

The Executive Members for CYPS have considered and approved the changes to the North
Yorkshire Council accounting arrangements for leases for local authority-maintained
schools.

This notice reflects the adoption of IFRS 16 and the statutory requirements governing leasing arrangements in maintained schools. All future leasing activity must comply with the above framework and ensure that appropriate consents are obtained where required.