Did you know, Between 2013 and 2019, 935 Academies moved trust?
Many move due to intervention, some due to their sponsor being closed and most were initiated by the Trust. One thing is certain though...
The motives behind the transfer of Academies is to achieve economies of scale and to capitalise on the success of already successful trusts. But this comes with its own difficulties.
Trusts are continuing to grow due to the addition of new Academies and that comes with an ever increasing responsibility for administrative staff. There are more staff to perform payroll for, more invoices and receipts to account for. There are bigger, more complicated budgets to consider and accounts to put together. Add that to the very tight deadline that Academies have to get their accounts audited and you have yourself one difficult task! Sometimes, it pays to get some help.
At Xoba, our small accountancy firm can give Academies our full attention to provide a dedicated service that’s tailored to your needs. We make you our top priority, so that your accounts are produced quickly and efficiently. Being a small firm, not only do you have a closer relationship with us, but the cost will also be considerably less than it would be at a larger accountancy firm. In these uncertain times, it is becoming harder to budget and keep up with the accounting requirements, so if you want to get more from your accountant, think Xoba.
Our director James has worked with a small number of Multi Academy Trusts over the last few years.
Aside from producing the annual accounts, James has produced monthly and quarterly management accounts, tailored to the Trusts needs.
He has also produced internal audit reports as part of the internal scrutiny requirements. James is a chartered accountant and has been helping SMEs in the UK for the last 7 years.
James has a wide range of experience from Accounts production, Corporation Tax, Self assessment, VAT, Payroll, cash flow forecasts and management accounts.
His main goal is simply to be as helpful as possible.
So, if you’re looking for a new accountant, look no further! Xoba is here to make your life easier. Take a look at where to go from here:
Call Xoba, we’d love to hear from you! You can discuss your needs, learn more about Xoba and the services we offer.
Book a visit
We can come visit you, or meet remotely via zoom and answer any questions you have.
Assigned account manager
If your happy to proceed, James will become your dedicated account manager and he will be there to help whenever you need it.
We’ll give you access to our secure portal so we can share information.
When the time comes for your accounts to be produced, we’ll send you a list of information we require in advance.
We’ll produce your accounts within 1 month, guaranteed. Most likely, we can get it done sooner.