New Forest

13/05/2020

Accounts return 2019/20 – counter party data collection

As part of the ESFA’s ongoing efforts to reduce reporting burdens on the sector, academy trusts will no longer be required to report most of the counter party data in the academies accounts return.

Transactions and balances with other academy trusts are still to be reported, but under a single counter party which will aggregate the sum of all balances with other academy trusts.

All other counter party reporting will not be required in the accounts return 2019/20 (for submission in January 2021). This is noted on the accounts return GOV.UK page.

Latest Feeds

Associate director Matt Cooper recently attended the Network my Club event at Fratton Park, he really enjoyed the opportunity to meet new people and learn from motivational speakers.Thank you to @Network My Club for hosting!#portsmouthfc #frattonpark #NMC

...

FSB Updates Guidance on Employers’ Liability InsuranceThe Federation of Small Businesses (FSB) has recently updated its guidance on Employers’ Liability insurance – a useful reminder of the rules and risks around a business insurance that is legally required in the UK.
Read the full article here: https://bit.ly/4m90gdP#FSBupdates #Employersliabilityinsurance

...

Such a nice afternoon at The Business Networking Hampshire lunch!It was so inspiring to learn more about the importance of building up a brandThank you to TBN for hosting#TBN #branding #networking

...

A big thank you to Alice Smee on behalf of Senior Tax Manager Steven Martin who recently attended the business networking breakfast- he unexpectedly got to put his GCSE in art to good use and model a pumpkin out of clay!He had a really amazing morning discussing what we do here at HWB with local businesses#networking #claymodelling #businessbreakfast

...

A wonderful evening with BCP Young Professionals at their summer beach partyAn excellent opportunity to connect, share ideas and create new connections#BCPyoungprofessionals #summerbeachparty

...

When is Diversification a Good Business Strategy?It’s long been said that putting all your eggs in one basket is risky. Many small business owners may fear that risk of becoming a reality. Take the UK’s farming sector as an example. Faced with extreme weather, policy shifts and volatile prices, farmers have increasingly turned to other sources of income to keep their businesses viable.For the full article click the link in our bio.#Diversification #Businessstrategy

...

There are several benefits to submitting your tax return early...HMRC reported that nearly 300,000 individuals filed their 2024–25 tax returns just weeks into the new tax year!With the deadline not until 31 January 2026, early submission may not be essential, but it can offer clear administrative and financial benefits, and a proactive approach to compliance is always a positive strategy.Read the full article via the link in our bio.#TaxReturn #HMRC #SelfAssessment #UKTax #TaxCompliance #Accountancy #BusinessAdvisory #FinancialPlanning

...

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your Academy.