| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Sept 2024 - 28 Feb 2025 | 21 Mar 2025 | 29 | 69% | 24% | 7% | 31% |
| 01 Sept 2023 - 29 Feb 2024 | 04 Mar 2024 | 30 | 76% | 17% | 7% | 30% |
| 01 Sept 2022 - 28 Feb 2023 | 21 Mar 2023 | 32 | 71% | 20% | 9% | 37% |
| 01 Mar 2022 - 31 Aug 2022 | 29 Oct 2022 | 29 | 78% | 17% | 5% | 32% |
| 01 Sept 2021 - 28 Feb 2022 | 22 Mar 2022 | 39 | 59% | 26% | 15% | 49% |
| 01 Mar 2021 - 31 Aug 2021 | 08 Oct 2021 | 37 | 62% | 27% | 11% | 50% |
| 01 Sept 2020 - 28 Feb 2021 | 08 Apr 2021 | 40 | 53% | 34% | 13% | 60% |
| 01 Mar 2020 - 31 Aug 2020 | 13 Oct 2020 | 43 | 56% | 32% | 12% | 63% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from date of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
If CSET were in dispute the Finance team would raise this with the supplier to seek resolution. Disputes from the supplier would be managed by the Finance team and escalated to the Chief Financial Officer or CEO if required.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Castle School Education Trust (CSET) is a multi-academy trust based in the United Kingdom that aims to provide high-quality education to all its students. The trust was established in 2010 and currently oversees four schools in the South West of England.
Sustainability is a key focus for CSET, and the trust has implemented various initiatives to promote environmental responsibility within its schools. These include the use of renewable energy sources, waste reduction and recycling programs, and promoting sustainable modes of transportation for staff and students.
CSET offers a range of educational products and services, including traditional classroom-based learning, as well as online and blended learning options. The trust also has a strong focus on providing a well-rounded education, with extracurricular activities and enrichment programs available to students.
The trust is led by a team of experienced and dedicated professionals, including a board of trustees, executive leadership team, and headteachers from each of the four schools. The trust also works closely with local authorities and other educational organizations to ensure the best possible outcomes for its students.
For more information on CSET, their sustainability program, and their products and services, interested parties can visit their website at www.cset.co.uk. The registered office address for the trust is Castle School Education Trust, Castle School, Park Road, Thornbury, Bristol, BS35 1HT.