As specialists in the education sector we act for the many different types of academies – MAT, SAT, free schools and a UTC.
We regularly send emails to our clients detailing changes, these can be from a number of sources:
Schools North East
We summarise these changes in this newsletter, together with other changes which we trust you will find useful.
We are fully conversant with Companies and Charities Acts legislation relating to academies, along with an understanding of the requirements of the ESFA.
This expertise is based on our knowledge gain whilst working with academies for over 12 years. Originally for sponsored academies (under the Labour administration) through to new types, converted free school and a UTC.
During that time we have not only assisted with the yearly compliance matters but also helped with:
Assisting with the conversion process
Management accounts including cashflow management
Establishing the correct structure to minimise potential tax liabilities
Undertaking due diligence for schools joining new trusts or on behalf of the trusts taking on new schools
Review of VAT requirements and assistance with the returns
Preparation of budget forecast returns
Liaising with the ESFA
Our academy team is lead by three partners who are supported by four managers who have nine teams which work onsite.
Our comprehensive range of services include:
Preparation of Charity SORP, Companies Act and ESFA compliant financial statements
Macmillan Academy have had a close working relationship with Chris Beaumont and his team for a number of years, and we have been delighted with the support we have received. The team’s proven track record in the field of Academy and Charity accounting has benefited us on numerous occasions. They are always on hand for assistance, and their advice in relation to the Charity SORP, Charities Act and VAT issues has been of particular assistance.
J McCallum, Deputy Principal at Macmillan Academy
CALL US 01325 349700
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