Specifically for academies, Sadofskys Chartered Accountants works to assist schools, their governors, head teachers and business managers, in the financial procedures, management and reporting that relates to the creation and management of Academy status.
Whether you are just considering applying for Academy status, have already applied or have successfully converted, our experts are able to advise you on everything from the financial and regulatory issues schools will face, to setting up an accounting system, a payroll scheme, preparation of accounts, budgeting, business plans, management accounts, returns to the DfE and governors’ responsibilities.
Is Academy status suitable for your school?
There are a variety of financial and regulatory implications to consider when applying for academy status. If you are just dipping your toe in the water, please feel free to call our office on 01482 228488 to discuss further.
Have you already applied for Academy status?
Prior to conversion we can advise you on the following:
- The feasibility of dealing with the conversion
- Setting up of systems
- The Academies Financial Handbook and the Funding Agreement with the Department for Education
- Payroll, pensions, banking
- Governors responsibility
Already achieved Academy status
We can provide you with valuable advice and support on accounting, budgets, VAT, tax liability plus much more.