Schools Can Now Finance Their Training Spaces

Published: 12 Aug, 2024
Categories: Blog | Gym Design

Schools Can Now Finance Their Training Spaces

Empowering Schools to Create World-Class Training Spaces

At IndigoFitness, we believe that every school should have access to the best training spaces and gym facilities to support the physical and mental well-being of their students. We’re excited to share some fantastic news that makes it easier than ever for schools to create these spaces.

Starting April 2024, local authority-funded schools can now finance their gym and training equipment through lease options, thanks to new accounting rules. These rules, introduced by the Department for Education (DfE), allow schools to lease essential equipment without the typical administrative hurdles. This change marks a significant step forward, enabling schools to enhance their facilities with the gym design, flooring and equipment tailored to their needs.

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Transform Your School’s Gym with IndigoFitness

At IndigoFitness, we don’t just provide gym equipment, we partner with schools to design and create training spaces that inspire. Here’s why schools across the country are choosing to work with us:

  • Access to Top-Tier Equipment: With the new leasing options, schools can easily acquire the best gym equipment from racks and rigs, to free weights and cardio. This means you can create a modern training space without the upfront costs.
  • Flexible Leasing Terms: We offer flexible leasing options that fit your budget and timeline. Choose from terms ranging from 1 to 5 years, with repayment options that include monthly Direct Debit or quarterly/annual invoicing.
  • Streamlined Approval Process: The DfE’s pre-approved asset list eliminates the need for additional consents, making it simpler for schools to get the equipment they need quickly. For investments over £25k, dual authorisation by the Head Teacher and Business Manager ensures smooth and secure transactions.
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Important Update for Academies

While local authority-funded schools can start benefiting from these leasing options in April 2024, academies can take advantage of the same opportunities starting September 1st, 2024. With many schools now part of Academy Trusts, this date is crucial, providing ample time to plan and align your gym project with the new regulations. We’re here to support you every step of the way.

Why Partner with IndigoFitness?

When you choose IndigoFitness, you’re not just purchasing equipment—you’re investing in a partnership dedicated to creating outstanding training spaces. Here’s what sets us apart:

  • Expert Guidance: Our team of experts will guide you through every stage of your gym project, from initial concept to final installation. We’re passionate about helping schools create spaces that not only meet current needs but also inspire future generations.
  • Comprehensive Solutions: We’ll help you explore all the possibilities to create a fully equipped, versatile training environment with the space you have available.
  • Focus on Education, Leave the Gym to Us: At IndigoFitness, our mission is to enable schools to focus on what they do best—educating students—while we take care of the gym. From design to delivery, we’ll handle the details so you can concentrate on student success.
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What Can Schools Lease?

In addition to gym equipment, the DfE’s guidance allows schools to lease a wide range of items, including IT equipment, furniture, telephony, and more. This comprehensive list ensures that schools have the flexibility to equip their spaces with everything they need to support a well-rounded education.

Ready to Start Your Gym Project? Let’s Collaborate!

The introduction of leasing for gym and training equipment is a game-changer for schools and academies alike. With IndigoFitness, you have a trusted partner ready to help you design and equip training spaces that inspire and motivate.

Contact us today to discuss your gym project, learn more about our leasing options, and discover how we can help you create the perfect training space for your students. Let’s work together to inspire the next generation through exceptional fitness environments.

We work closely with Johnson Reed, experts with extensive experience in the health and fitness sector, regulated by the UK Financial Conduct Authority, ensuring a secure and reliable partnership.

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