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Schools can now acquire equipment through lease finance!

New accounting rules now allow leasing options tailored specifically for local authority-funded schools. Leasing is a great way for schools to secure the equipment and facilities they need to provide an A* star education.

Now, thanks to the Department for Education’s (DfE) pre-approved list of commonly used assets, schools can now finance essential equipment without the admin burden and need for consent from DfE.

Starting from April 2024, local authority-funded schools can take advantage of finance leasing options for prescribed equipment. Academies have the opportunity to adopt these rules starting September 1st, 2024.

So, what assets can authority-funded schools lease under the DfE’s guidance?

IT equipment:

whiteboards, touch screens, computers, laptops, tablets, photocopiers, printers, servers, door entry systems, CCTV systems


mobile phones, landline phones, telephone systems

Catering and cleaning equipment:

ovens, fridges, freezers, tills, water coolers, vending machines, dishwashers, washing machines, water boilers, small kitchen appliances, crockery, cutlery


desks, tables, chairs

Bathroom/sanitary items:

hand dryers, towel dispensers, sanitary bins

Gym equipment:

treadmills, free weights, weight machines, rowing machines, exercise bikes

Groundskeeping equipment:

lawn mowers, string trimmers, leaf blowers, salt spreaders

Minibuses and other vehicles

for the use of the school

Temporary classrooms

and equivalent structures

See why other businesses choose this product

“As Johnson Reed did such a good job with our IT needs, we called them back in August last year to help us finance new air conditioning units to the tune of £15,000. We’re delighted with the speed and efficiency of their service.”

Alan Haigh, Director of OPM Group IT Equipment Finance

Get a quote

Use our finance calculator to get an idea of how much your Quirky Kit repayments might be.

Please enter an amount between £5,000 and £250,000
£5,000 £250,000
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More often than not, we can beat this quote above. For a personalised quote reach out to our team of experts.

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