Milsted Langdon’s academy schools team of audit and accounts experts understand what is required to ensure your academy or multi-academy trust (MAT) complies with the requirements of the Department for Education (DfE) and other relevant bodies.
If your school is considering becoming an academy or is in transition, we can assist governors and the finance team by reviewing existing financial arrangements; advising on, and helping to put in place, robust internal controls and procedures.
We can also help implement appropriate accounting systems which will identify key data so that you can make informed decisions, all of which will help your school operate more efficiently and effectively.
We are always happy to talk to you about providing your school with a full compliance service, including the statutory accounts preparation and audit, to keep your academy compliant with the Companies Act and Charities’ Statement of Recommended Practice (SORP) and all other relevant regulations.
Professional management accounting is crucial to financial efficiency and tracking how your school is performing, to support day-to-day decision-making and longer-term planning.
We are able to prepare meaningful management accounts and assist in interpreting the information to maintain and improve performance, working alongside your school’s responsible officer.
We also offer expertise in specialist areas, including VAT, PAYE, corporation tax, the use of trading subsidiaries and property issues, pension issues for both teachers and non-teaching staff and tax planning advice relating to charitable income.
We also operate a payroll bureau service if you wish to outsource this service.