Investing in school banking project

  13 MARCH, 2017
Investing in school banking project

We've been instrumental in the successful launch of a banking project at a secondary school in Stoke-on-Trent. 

Thistley Hough Academy has opened its own bank with help from ourselves and the Hanley Economic Building Society, to teach students the valuable life skill of managing their own money. We constructed the on-site bank, situated in a disused area of the school, in just five days.

The pupils can open their own Thistley Dollars accounts to manage online, with our chairman Stuart Seddon donating £1 to each student who does so.

We've built up close ties with Thistley Hough and this project is just one of a number of collaborations with the academy as part of our Business Class scheme partnership, which is a national education-focussed initiative driven by Business in the Community, one of the Prince of Wales’ charities.

Sophie Seddon, our marketing manager, said: “Thistley Dollars is a great opportunity for students to not only open a bank account but also learn how to manage money. It’s a crucial step in arming them with financial skills, crucial for when they leave school. We’re delighted to have played such an important role.”

Project co-ordinator Chris Dillon, Thistley Hough’s director of mathematics, said: "Supporting students to develop their understanding of the world of finance is a vital part of our work at the academy.

“The banking project is already proving very popular, with more than 200 of our students already signed up and more accounts opening daily. Novus has played a huge role in the bank’s success and we’re very grateful for its continued support.”

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NOVUS AND DULUX DONATE MATERIALS TO A LOCAL SPECIAL SCHOOL

Novus were already working on a building refurbishment contract at Horton Lodge Special School in Rudyard, where 3 respite overnight bedrooms were in need of redecoration. Novus and supply partner Dulux were happy to donate materials to the cause.  Horton Lodge Community Special School Situated in the picturesque lakeside village of Rudyard in Staffordshire, lies Horton Lodge School. As a special school, it aims to "provide high-quality teaching and learning where children are challenged and every individual is valued." The school caters for children aged from 2 to 11 years with physical disabilities, with many of the pupils experiencing additional learning difficulties, complex communication needs, and visual and / or hearing impairments. As the Stoke Sentinel reported in September, Horton Lodge was one of five Staffordshire schools that stood to lose funding for children’s overnight stays from this term before the funding cuts were ultimately put on hold. The refurbishment contract Horton Lodge has a residential provision known as "Kiplings" so named due to its proximity to Lake Rudyard. Kiplings is designed and managed to provide a homely environment for the school's children and young people.  The provision is designed to help build independent living skills as children learn to feed and bathe themselves, read to each other, and take part in creative activities. As part of the works, 3 bedrooms within Kiplings were in desperate need of refurbishment and redecoration, as the windows tended to leak into the rooms causing damp damage to the flooring and skirting. Novus were awarded the contract to carry out the refurbishments on the school, these works included: Refitting windows and doors to bedrooms Replacing the carpets Roof repairs Boiler replacement Shower refurbishments When complete, the refurbishments were described as a "real boost" to the school by the Headteacher. Donation of materials At the time, Horton Lodge were asking for donations of paint and curtains to redecorate their bedrooms in time for the return of the children after the summer break. Novus sourced the curtains and window tracks from a local Staffordshire supplier and donated them for use in the bedrooms. Supply partners Dulux also kindly donated the paint required to redecorate the bedrooms, which equated to over 65 litres free of charge. The school caretaker then decorated the bedrooms himself. Chris Lear, Senior Quantity Surveyor at Novus Property Solutions said: "It was our pleasure to donate these materials to Horton Lodge, the work they do with young people here is inspirational and we hope the children enjoy their new bedrooms."

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