At Mercer & Hole we have a team which deals with the Education sector.
As part of our Not-for-Profit service offering we offer accounting support and advice to the Education Sector. We have education clients in both the primary and secondary sector, some of which are Independent and some of which are Academies.
Our specialists are well placed to offer day-to-day support. They have many years' experience dealing with the education sector which can involve the interaction of the Charities Act, the Companies Act and the Academy Regulations. Our team attends regular training courses to ensure their knowledge is up-to-date and they are happy to take telephone calls to discuss any accounting queries you may have.
Our services to schools include:
- Preparation of management accounts (monthly / termly)
- Preparation and audit of year-end accounts
- Academy set up advice (including transfer of funds)
- Dealing with multi academy trusts
- Advice re Public Benefit
- Advice re trading and the use of subsidiaries
- Section 38 Certificates
- Teachers’ Pension Certificates
- Payroll and VAT
- Internal Audit reports
- Cash flow projections
- Auto-enrolment (using M&H Financial Planning)
A large part of Mercer & Hole’s offering to the Not-for-Profit sector is geared up to educational establishments, both in the private and public sector. We are therefore well placed to offer compliance and advisory services into this specialist area. Two of the team hold the ICAEW Diploma in Charity Accounting and have particularly detailed knowledge of the Education sector.
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