Academies
Helping you build the society of tomorrow.
We’re here to support and inspire the education sector
Education is the key to the country’s future prosperity we’re here to help you unlock your full potential. Our specialist team’s knowledge of the education sector is both broad and deep. We’ve been trusted business partners of academies and multi-academy trusts (MATs) since their inception, providing a wide range of services. We work with numerous Independent Schools and specialise in providing tax advisory services to Universities and Further Education Colleges.
We’re deeply passionate about the sector and use our wide-ranging experience to add value wherever we can, so you benefit from both our commercial and not-for-profit expertise.
Xeinadin Academies Benchmarking Report
Each year we prepare the Xeinadin Group Academy Benchmark Report. Assimilating data from over 450 trusts across the country, we compare a series of Key Performance Indicators. You can download and read the latest report here.
How Xeinadin can support and inspire you
Audit
Statutory Audit is at the heart of our service to the Education sector. We are specialists in the Financial Reporting and Governance regimes of academies and Independent Schools. As well as the Financial Statements audit, we also provide Accountants Assurance on Regularity – being ideally placed to produce this work thanks to our detailed understanding of the Academies Financial Handbook and the sector’s regulatory regime. So you can rest assured that you’re in safe hands.
Internal Audit
Along with their in-depth knowledge of the Academy Sector (including Further Education Colleges), our specialist Internal Audit team are also experts in Risk Management, so you can be sure your audit will meet the Internal Scrutiny requirements of the Academies Financial Handbook.
VAT Support
As a specialist VAT provider to the Education Sector, we’ve delivered a free-to-access, Annual VAT Forum for both UK Universities and UK Colleges for many decades. We deal with the day-to-day VAT management issues arising from systems as well as major campus development projects, helping our education clients maximise their access to the VAT reliefs that are available to this sector.
Our Education Sector VAT team are recognised across the UK for their expert VAT support for both Universities and Colleges of Further Education. The team actually started life within the education sector – as a trading entity of a university. Our support of both the Association of Colleges (AOC) and the British Universities Finance Directors Group (BUFDG) will give you the reassurance that the quality of VAT support we can deliver is respected across the UK. Our extensive VAT knowledge and learning from the sector are freely shared for the benefit of all those working in education – and you can read more details here.
Cloud Accounting
We can help your trust prepare for the future with innovative software, supported by our expert accounting team. Cloud Accounting brings huge benefits to any educational establishment – It means your systems are accessible from anywhere, always compliant and more secure than ever before – so it’s easy to see why more and more schools are making the change. Xeinadin have developed a cloud-based accounting system that uses the ESFAs standardised chart of accounts specifically for Academies. We’ve implemented cloud-based solutions into Independent Schools and have worked with their management teams to enhance the efficiency of the finance operation, so you can be sure that your systems are as efficient and effective as possible.
Payroll
We have specialist payroll teams with particular expertise in the complexities of school payroll. Dealing with the requirements of the Teachers’ Pension Scheme, The Local Government Pension Scheme and using spines and pay scales are all part of our School Payroll service, giving you peace of mind that your payroll runs without a hitch.
Business Advisory
We’re not just education specialists – our commercial approach means you can gain real benefits from our business advisory services. Our education teams include directors and managers with longstanding expertise within and outside the sector.
Academy Benchmark Tool
Do you want to benchmark your own academy? With our free tool, you can compare your data with other primary and secondary schools or multi-academy trusts. It supports School Business Managers, Governors and Headteachers offering valuable insights into how to use resources to support educational outcomes for pupils. Benchmarking is an effective tool for the self-evaluation of primary and secondary schools and MATs.
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