Academy Schools in York

Converting your school to Academy status will grant you greater freedom from Local Education Authority controls and put you in charge of your own finances. 

The services we provide to Academy Schools include:

Transition to Academy status

To assist your school in taking on the increased freedom and responsibility that comes with becoming an Academy we are able to:

  • undertake a due diligence review of the financial, governance and funding implications of conversion; and
  • provide guidance on the obligations associated with the Teachers Pension Scheme and Local Government Pension Scheme.

Statutory audit and annual accounts preparation

The UHY network is one of the leading providers of audit and accounting services to Academy Schools. This, together with our wealth of experience across numerous sectors, allows us to provide you with the specialist knowledge and quality advice that you need to operate efficiently.

The preparation of annual accounts that meet regulatory and statutory requirements is complex and time consuming. We have extensive experience of this process and so are able to produce your Academy’s annual accounts to a high standard in a cost effective manner. Our service includes:

  • preparing accounts from your Academy’s year end trial balance;
  • assisting your governors with completion of the Trustees Annual Report; and
  • ensuring the accounts are fully compliant with your Academy’s Financial Handbook, including the latest updates.

Other services we offer to Academy Schools

  • establishing key financial policies and procedures including risk management and internal control;
  • providing information for the Local Government Pension Scheme and FRS17 reporting requirements;
  • assistance with setting up your accounting system;
  • supporting your finance function, including assistance with budget setting and monthly maintenance of budgets;
  • the preparation of management accounts to aide reporting to governors; and
  • outsourced payroll processing.

The next step

For more information on how we can help your Academy School please contact our academy specialists; Hayden Priest and Harry Howley.