Services for Young Children

Early Years Single Funding Formula banding values 2014 - 15

2 Year Old - all inclusive rate: £5.07

The rate for 2 year olds eligible for funding is an all inclusive rate and will have NO additional banding values added.

3 and 4 Year Old - Base rate: £3.81

The rate you will receive for 3 and 4 year olds is based on the following table of funding bands for flexibility and quality as agreed for the EYSFF. The values will apply for the financial year 2014 - 15, beginning 1 April 2014.

Plus suppliments:

Flexibility

F1 and F2

F3 and F4

-£0.30   

+£0.15   

Quality - OFSTED outcome

Inadequate     

Requires

Improvement  

Good             

Outstanding    

£0.00

+£0.07

+£0.19

+£0.29

Quality - Staff qualifications

Q1

Q2

Q3

Q4

£0.00    

+£0.10  

+£0.19   

+£0.29   

Plus:

Deprivation

Each child wil have a deprivation funding value attached to them and settings will be paid according to the children who attend as per headcount. The weighting is based on Deprivation Affecting Children Index (IDACI) bandings as follows:

0 - 0.19

0.2 - 0.24

0.25 - 0.29

0.3 - 0.39

0.4 - 0.49

0.5 - 0.59

0.6 - 1

£0.00

+£0.20

+£0.25

+£0.30

+£0.40

+£0.48

+£0.50

Further Information:

If you want further information on the changes to the EYSFF from April 2014 go to the EYSFF consultation pages.

For more information on the basis of calculation: Early Years Single Funding Formula (EYSFF)

Making claims visit our claim pages. (You can only make a claim if you have returned your signed confirmation of acceptance of the Early Years Payment terms and conditions 2014.)

Early Years Single Funding Formula banding values 2013 - 14

The rate for 2 year olds eligible for funding from 1 September 2013 is an all inclusive rate and will have NO additional banding values added.

All inclusive rate: £5.07

The rate you will receive for 3 and 4 year olds is based on the following table of funding bands for flexibility and quality as agreed for the EYSFF. The values will apply for the financial year 2013 - 14, beginning 1 April 2013.

Base rate: £3.81

Plus:

Flexibility

F1

F2

F3

F4

-£0.10   

£0.00    

+£0.20   

+£0.32   

Quality

Q1

Q2

Q3

Q4

£0.00    

+£0.14   

+£0.25   

+£0.31   

Plus:

Deprivation

From April 2013 the deprivation funding must be based on individual children. Each child will have a deprivation funding value attached to them and settings will be paid according to the children who attend as per headcount. The weighting is based on Deprivation Affecting Children Index (IDACI) bandings as follows:

0 - 0.19

0.2 - 0.24

0.25 - 0.29

0.3 - 0.39

0.4 - 0.49

0.5 - 0.59

0.6 - 1

£0.00

+£0.20

+£0.25

+£0.30

+£0.40

+£0.48

+£0.50

For further details on the changes to the deprivation funding visit:

Early Years Education (EYE) and Early Years Single Funding Formula (EYSFF)

Early Years Single Funding Formula (EYSFF)


The values have been derived using the EYSFF principles which have been applied following strong support from providers following the consultation period in late September/early October 2009 and have been discussed and approved by the Partnership Advisory Group and Schools forum in January/February 2012.

Business support continues to be available through the Childcare Development Co-ordinator based in the local SfYC field offices. If you are unsure which is the local field office for your setting, please call the SfYC helpline on 01962 847070.