3 July 2012 Last updated at 03:51 ET

The head teacher of the only secondary school on the Isles of Scilly has resigned, the BBC has learned.

Bryce Wilby was suspended in May from the Five Islands School after "apparent financial irregularities" were found during a routine audit.

But Mr Wilby previously told the BBC he was confident any investigation would show he had done nothing wrong.

The Council of the Isles of Scilly said it had accepted Mr Wilby's decision to stand down.

The Church of England school has about 250 students and is controlled by the council, the islands' unitary authority.

Mr Wilby, who was head teacher for more than three years, said he was not told the reasons for his suspension.

Two school governors have also resigned since his suspension.

The Duke and Duchess of Cornwall are due to visit and officially open the Five Islands School later.

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Five Islands head teacher resigns