Academies

Our services to academies focus on conversion, the provision of accurate and timely management information and compliance with the ESFA's Financial Handbook:

  • Academy conversion support

  • Provision of Strategic Business Manager, Finance Director and Chief Financial Officer services

  • Process implementation

  • Ensure compliance with ESFA Academies Financial Handbook

  • Financial training

  • Staffing projections

  • Monthly budget monitoring reports/management accounts

  • Production and presentation of finance reports for governing body meetings

  • Maintenance and reconciliation of balance sheet items (VAT, bank, payroll, creditors, debtors etc.)

  • Production and maintenance of Fixed Asset Register

  • Production and submission of VAT returns

  • Budget planning/setting

  • 3 year strategic budget plans

  • Completion of ESFA returns

  • Preparation of year-end workbook and accounts

  • Production and maintenance of policies, risk register and business continuity plan

  • Ensure best value across all supplies, services and contracts

  • Internal Control Audits

Reid Accounting Limited

344 Canal Wharf,

Waterfront Walk,

Birmingham,

B1 1SR

 

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