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Academies Accounts

As part of the year end process, we can prepare the financial statements in compliance with the Charities SORP, Companies Act, Charities Act and EFSA requirements.

Our Approach to Your Accounts

We will carry out your accounts work to fit with your proposed audit timetable

Academies Accounts

In advance of the year end, provide your finance team with Excel templates (including explanations and guidance) to compile details of period end adjustments and disclosure items required for year end accounts

Process your year end trial balance and period end adjustments through our academy accounts spreadsheet model, which is based on the template in the EFA Academies Accounts Direction.

Key financial reporting issues

We can guide you through the following areas:

Fund Accounting

We will provide accurate identification and reporting of income and expenditure relating to restricted funds

Pension Schemes

We will help you with understanding deficit implications and accounting disclosure

Accounting Policies

We will advise you on the application of appropriate policies

Trustees’ Report

A well written Trustees’ report can be a valuable tool in fundraising. We place particular emphasis on advising academies on clear explanation of their financial results, achievements and future plans.

"You have worked tirelessly with my Finance Director and his team to ensure that the statutory accounts were produced in good time and in the correct format, and she was hugely helpful in briefing our governing body about the new accounting requirements we now deal with as an academy."

Critchleys Academy Client

Have a chat with James

James is part of our Academies Team and he would love to talk to see how we can help.

Call James on 01865 261100

Have a chat with James

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