Academies

Supporting academy schools

Academies are set up as separate charitable companies limited by guarantee. The academy sector can be a challenging one, with a constantly changing set of reporting requirements arising from charity law, company law and the Education Funding Agency's (EFA) requirements.

Whether you are thinking of converting to academy school status or have already done so, we can help you with the complex array of issues you will need to deal with.

How we can help

Our services to academy schools include:

  • information to be considered in the academy conversion process;
  • help in establishing key financial policies and procedures;
  • assistance with choosing and setting up an appropriate accounting system;
  • bookkeeping support to your finance function;
  • the preparation of management accounts to aid reporting to governors.
  • assistance with the preparation of March Accounts returns;
  • advice in connection with the Academies Financial Handbook;
  • assistance with budget forecasts;
  • taxation advice (including VAT and PAYE);
  • preparation of your annual accounts in line with the EFA Accounts Direction and Charity SORP;
  • year-end statutory audit and Academy Return completion; and
  • reporting to Companies House on your behalf.

Our approach

We understand that every academy is unique and consequently provide a bespoke service that reflects the challenges and addresses the individual needs of head teachers, governors, parents, local authorities, business managers and sponsors.

We provide our services to supplement your in-house resources, working with you to identify and implement the most suitable processes, controls and support for the stage of your development.

Here to help

Mike Crozier and Gill Goddard lead the firm’s delivery of services to academy schools. If you would like to discuss the services that we can provide for your academy school, please contact us

Free initial meeting

We are always happy to meet on an informal, confidential, and without obligation basis to discuss your individual circumstances and requirements.

There would of course be no charge for such an initial discussion.

Contact us today to discuss how we can help.