The financial management of schools can be challenging; Warrener Stewart has a breadth of experience and advice to offer schools from Academies and Free Schools through to independent schools.
Business advice and accountancy services for the education sector
Establishing and running a successful school is an enormous challenge. Excellence must be the standard and there is little margin for anything less. There are of course many 'educational' and 'operational' demands that must be met without fail, but the business and financial aspects are no less important.
As chartered accountants based in Fulham, Warrener Stewart has worked alongside several schools within south west London helping them to develop from just an idea into a fully functioning school, both within the private and the state funded sectors. We recognise the weight of requirement that is on the founders’ shoulders following the decision to establish any new school and can offer prudent business advice and vital accountancy services.
When starting a new school Warrener Stewart can deliver real value, not only are we chartered accountants able to help implement accounting basics, we are also registered auditors, able to prepare and audit the school’s accounts on an ongoing basis. Having worked with the recently established Free School, The Fulham Boys School, we appreciate the complexity of both accounts and audit for this highly regulated sector.
By involving Warrener Stewart from the outset, the development of your new school will benefit from our breadth of experience and advice. We can help you on any of the following:
- Business start up and planning
- Raising of capital and finance
- Proprietor transition and business restructure
- Proprietor disputes
- Cash flow forecasting and monitoring
- Management accounts
- Capital expenditure planning
- Payroll and Pension operation and advice
- Tax planning
- Ad Hoc business and management assistance
- Preparation and audit of annual financial statements
- All accounts and tax compliance