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The Financial Management Centre offers comprehensive financial management services for schools and academies throughout the United Kingdom. To find the location of your nearest branch click here. Our service is specifically designed for schools and academies operating in the ‘owner controlled’ and ‘not for profit’ sector. We work with standalone academies, chain academies and newly converted academies.
We provide schools and academies with the following services:
We work with a variety of education providers including:
We have developed close relationships with the Education Funding Agency (EFA) and our assistance complies with strict EFA conditions. Our team is on hand to ensure school and academy staff understand EFA regulations.
If you have recently converted to an ‘academy’ or if you are thinking of doing so it is vital both you and your staff understand financial responsibilities the switch entails. We provide free consultation for schools considering the switch to academy status. We help you decide whether or not gaining academy status is the correct course of action to take. If you choose to switch our team makes sure the correct EFA compliance procedures are put in place.
Once you switch to academy status an ‘Academy Trust’ is formed by way of Limited Liability Company. Liability is ‘limited by guarantee’ rather than by share capital. You will be regulated under the Charities Act and Companies Act 2006. This process is daunting for most and seeking professional assistance is highly advisable.
Once you switch to academy status you must comply with several financial regulatory requirements including:
You are able to contact us for more information by calling 0800 470 4820. Alternatively complete the enquiry form.
Sorry we currently don't have any accountants/bookkeepers in your area.
Have you tried our online bookkeeper service.www.theonlinebookkeeper.co.uk
The Financial Management Centre UK Limited.
Registered in England & Wales company number 06304852.
Basepoint Business Centre,