title

Publication

The latest edition of our regular newsletter for Academies and Free Schools: Academy Advisor, Summer 2017 is now available to download

Click here
title

Publication

The latest edition of our regular newsletter for Academies and Free Schools: Academy Advisor, Summer 2017 is now available to download

Click here

Education

Our national education team has guided schools and institutes, advised national bodies, and input into the direction of the UK’s education sector for more than three decades. The team provides comprehensive support and solutions, plus acts as a sounding board, understanding future plans and identifying areas before they become an issue. 

We work across the education spectrum, including time spent with independent schools, academies, MATs (Multi-Academy Trusts), maintained schools, free schools and UTCs (University Technical Colleges).

We are one of the largest providers of audit services to the sector, and team members have had significant technical input into legislative changes - for example, through helping to compile an early version of the Academies Accounts Direction, and through serving on the national charity Statement of Recommended Practice (SORP) Committee. We are also part of a working party regularly meeting with the Education Funding Agency (EFA).  

With this commitment and sector exposure, we draw upon our collective in-depth knowledge and experience to guide clients effectively.

First for education accounting and advice

We can provide you with a full range of client-driven, specialist services specific to independent schools including:

  • Internal audit and external audit
  • Employment tax issues and the engagement of workers
  • VAT (including minimising VAT in development projects)
  • Due diligence and mergers
  • Corporation tax
  • Capital projects
  • Interim finance management and secondments
  • Governor training
  • Audit Committee training

Academy business advisers

We invest significant time and resources to ensure that our specialist expertise makes a tangible difference for our clients, and have been appointed as auditors and advisers to around 200 academy schools. We provide comprehensive support and solutions in areas such as:

  • What to keep in mind during the academy conversion process
  • Audit, accounting and reporting requirements
  • Setting-up systems and procedures for the new academy
  • Budgets, cash flow and financial plans
  • Internal audit, extended external audit and other assurance services
  • A VAT review and advice on the best method for academies to reclaim VAT
  • Employment tax issues and engagement of workers
  • Advice on the best structure for any commercial trading activities
  • Corporation tax and funding
  • Review and advice on the chart of accounts
  • Advice on year-end accounting and running the year-end procedure
  • Due diligence for potential mergers into a multi-academy trust
  • Trustee responsibilities and governance to comply with the Academies Financial Handbook

We host regular workshops and training sessions for finance staff and trustees, and also produce newsletters and bulletins highlighting important topical issues. Get in touch with our Education sector group  to find out more.

Key contact

Head of Education, Partner
Bianca Silva
+44 (0)1494 441226
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Key contact

Partner and Group Chairman
Rakesh Shaunak
+44 (0)20 7429 4100
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