The Department for Education has updated the Terms and
Conditions for the 2023/24 PE and sport premium grant, refining
rules around capital expenditure.
The Department for Education have altered the Terms and
Conditions for the PE and sport premium for 2023/24 in a move that
is perhaps likely to cause a bit of confusion across the
sector.
Last year the 2022/23 conditions made it clear that the premium
cannot be spent on capital expenditure, and introduced an unusual
clause referring to a school's existing capitalisation policy
when assessing whether proposed spending would be considered as
capital expenditure. Anything above the threshold would be treated
as capital, and thus would not be an eligible use of the premium.
This prompted many trusts to consider increasing their
capitalisation thresholds to make it easier to spend their sport
premium funding. The T&Cs for 2023/24 have been expanded. They
now define capital expenditure for the purposes of the
