T: 03333 21 9000 (GB) E: academies@bishopfleming.co.uk

The Kreston Academies Benchmark Report 2018

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Joining or forming a Multi-Academy Trust (MAT)

MAT specialists - we'll make sure you've got everything covered

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We offer a Governance review service tailored to your Trust's needs

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Accountants for Academies

Providing a full service offering to academy schools

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Academy Conversion

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Don't take our word for it - see what our clients have to say about us

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Bishop Fleming is the UK's number one accountant to the academy schools sector.

Our specialist charity, education and not-for-profit team works with over 500 academy primary schools, secondary schools, colleges and multi-academy trusts throughout the UK, as well as a number of free schools, alternative provision academies, special schools, studio Schools and UTC's.

We provide a full-service offering to academy schools including non-audit and audit support services pre conversion, during conversion and post conversion. Our holistic advice to finance directors, school business managers, trustees and governors extends to include: audit and accounts, VAT, accounting software solutions (Sage, FMS, PS Financials and Civica),  payroll, corporation and employment tax issues, pension schemes, governance, audit committees and internal audit, due diligence and financial modelling advisory services as well as conversion support.

Whether your school is considering conversion, currently going through conversion, already converted, or joining or forming a multi-academy trust, we can provide the guidance and advice you need to successfully convert and run as an academy. Contact us today to find out how we can help you.

We now class them as trusted advisers. They are always available to answer any query, however small. We feel our business really does matter to them. Karen Arnott - Christopher Whitehead Language College
Bishop Fleming has supported Falmouth School since conversion in August 2011. Their up-to-date knowledge of academies and timely advice has been invaluable. None better! Jackie Benton-Smith - Falmouth School
Bishop Fleming were a tremendous support during our conversion process; their specialist experience meant they were able to offer a very proactive service, steering us past the inevitable barriers and pitfalls. They felt like genuine partners throughout, no question was too small and advice was always solution focussed. Ben Brook - Newton Abbot College

Advice, Guidance & Support

As the UK's number one accountant to the academy school sector, we will keep you up to date with the developments in the sector and make sure we share the latest information with our clients. Our priority is to anticipate your needs and guide you through any changes you need to make.

Considering conversion?

If your school is considering whether or not to apply for academy status, you may wish to undertake a Due Diligence Review prior to application to ensure that you are fully aware of all the financial, governance and funding implications of a transition and whether it is a viable option for your school or college. At Bishop Fleming, we can undertake a full review and discuss the pros and cons with you.

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Applied for conversion?

If your school has already made the decision to convert to academy status, you now have an exciting journey towards greater autonomy and financial control, and will be thinking about appointing the right advisers to help you through the next stages. There are so many questions to consider and decisions to be made.

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Already converted?

Schools that have already converted to academy status may be approaching their first audit or have already been through the process. As one of the top three providers of accountancy services to academies in England we have dealt with almost all the issues you will come across and have the experience and know-how to deal quickly and effectively with new issues.

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Benefits of a specialist service for academies and multi-academy trusts


Bishop Fleming’s academy group advises over 350 single unit and multi-academy trusts.

The Group was established to ensure that all these important clients are serviced effectively and that resources allocated to the Group are co-ordinated efficiently. Our concentrated strength and the investment in this Group by the partners, reflects our commitment to this sector where there are regularly changing regulations which demand specialist knowledge and a pro-active approach.

Our clients therefore benefit by receiving advice from experienced, well-qualified and genuinely well-informed specialists.

The partners in charge of the Academy Group are at the forefront of the sector. They regularly convey their academy sector expertise through presenting at seminars for the ICAEW, other training organisations and with the Education Funding Agency (EFA). They are well networked and each partner advises at least 20 academies.

Our Academy Group team members are kept up to date technically with regular newsletters, briefings, courses and seminars. Meetings are also held where Group members from all our offices attend and share experiences on many academy sector issues.

Our team has grown to become one of the largest in the country with 8 academy partners supported by over 80 specialist academy staff. Every member of the academy team spends 25% – 50% of their time working with academy clients but also work with other charity and education clients and business organisations. This ensures that they provide advice that is technically excellent and commercially astute.

We are passionate about the academy sector. It is ever changing and no two issues are the same, but you can draw parallels as your experience continues to grow. We are constantly advising our clients through sector changes and how these impact on them.

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