New Forest

06/05/2020

Updated academies chart of accounts

The Department for Education has updated the academies chart of accounts for use in the academic year 2020/21. This incorporates a small number of necessary changes to the previous chart of accounts released in May 2019. The specific changes are detailed in the guidance which is included on the webpage.

The chart of accounts is the standard for financial data structure of the Department for Education, designed to underpin the academies accounts return and budget forecast returns.

Academy trusts who have already adopted the chart of accounts should ensure they update their own chart of accounts with effect from 1st September 2020 to reflect the changes. Other trusts are able to adopt the chart of accounts for the first time in 2020/21 should they wish, and to work with their software suppliers to do so.

Adopting the chart of accounts is not mandatory, however academy trusts who choose to adopt the standard will potentially benefit from future automated data transfer tools for financial returns.

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Seven things every company director needs to know

Becoming a company director comes with a fair bit of responsibility – and not just when things are going well. Whether you’re the hands-on type, more of a silent partner, or even directing behind the scenes, all company directors have legal duties under the Companies Act 2006.

This article covers seven key duties every director should be aware of read the full article by clicking the link in our bio

Being a director isn’t just about a title – it carries real legal responsibilities. If you’re ever unsure about your role or what’s expected of you, please feel free to speak to HWB at any time. A quick check now could save a big headache later.

#companydirector #responsibilities

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Open post by hwbaccountants with ID 17993857553696632
Seven things every company director needs to knowBecoming a company director comes with a fair bit of responsibility – and not just when things are going well. Whether you’re the hands-on type, more of a silent partner, or even directing behind the scenes, all company directors have legal duties under the Companies Act 2006.This article covers seven key duties every director should be aware of read the full article by clicking the link in our bioBeing a director isn’t just about a title – it carries real legal responsibilities. If you’re ever unsure about your role or what’s expected of you, please feel free to speak to HWB at any time. A quick check now could save a big headache later.#companydirector #responsibilities

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HWB has the exciting opportunity to recruit an enthusiastic, diligent, organised and motivated Receptionist / Administrator to join our Admin team. Experience would be beneficial but not required as on the job training will be provided

We are an established and successful accountancy firm in Chandlers Ford, we provide accountancy, audit and taxation services to both individuals and companies. We take great pride in providing clients with exceptional results, offering a consistent and proactive service to all.

Click the link in our bio to view the full job specification

We offer a competitive salary, dependent on knowledge, skills and experience and a number of benefits including pension, holiday and life assurance.

If you are interested in this role, please email a covering letter along with your CV to [email protected] for the attention of HR.

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Open post by hwbaccountants with ID 17979751469761503
HWB has the exciting opportunity to recruit an enthusiastic, diligent, organised and motivated Receptionist / Administrator to join our Admin team. Experience would be beneficial but not required as on the job training will be providedWe are an established and successful accountancy firm in Chandlers Ford, we provide accountancy, audit and taxation services to both individuals and companies. We take great pride in providing clients with exceptional results, offering a consistent and proactive service to all.Click the link in our bio to view the full job specificationWe offer a competitive salary, dependent on knowledge, skills and experience and a number of benefits including pension, holiday and life assurance.If you are interested in this role, please email a covering letter along with your CV to hr@hwb-accountants.com for the attention of HR.

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To find out more click the link in our bio

#inheritancetax #autumnbudget #taxchanges

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Open post by hwbaccountants with ID 18106984423604979
Proposed changes to inheritance taxAs announced at Autumn Budget 2024, the government has published draft legislation for proposed changes to inheritance taxTo find out more click the link in our bio#inheritancetax #autumnbudget #taxchanges

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Owners and senior decision-makers representing more than 20 companies attended The Best Business Exit which we held at the @chilworthmanor in partnership with Mike Duggan from @hybridlegal and Adam Keith from @amfa_ifa

The panel of experts shared their insights on what to do to prepare for a successful exit, from choosing the right strategy to planning for life after exit. Thank you to everyone who joined us for such an engaging and thought-provoking morning.

If you are thinking about a business exit, come and talk to us. Find out more from the link in our bio

#taxplanning #businessexit #financialplanning

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Open post by hwbaccountants with ID 18358740001091505
Best business exit: HWB’s Tax Director Gemma Hedges and Senior Tax Manager Alan Rolfe co-hosted a seminar on business exit strategies.Owners and senior decision-makers representing more than 20 companies attended The Best Business Exit which we held at the @chilworthmanor in partnership with Mike Duggan from @hybridlegal and Adam Keith from @amfa_ifaThe panel of experts shared their insights on what to do to prepare for a successful exit, from choosing the right strategy to planning for life after exit. Thank you to everyone who joined us for such an engaging and thought-provoking morning.If you are thinking about a business exit, come and talk to us. Find out more from the link in our bio#taxplanning #businessexit #financialplanning

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The event, at the @porschebournemouth Centre in was a valuable platform for celebrating creativity while promoting positive change.

Lewis-Manning Hospice Care is an independent local Dorset charity providing extraordinary care to people and their loved ones facing a life-limiting illness.

As specialist charity accountants, we at HWB support a range of clients range from new start-up charities to centuries-old, from clubs and membership organisations to social enterprises. Find out more via the link in our bio...

Contact us today for all your accountancy and business advisory needs:
T: 023 8046 1200
E: [email protected]

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Open post by hwbaccountants with ID 18023983079749595
Fashion sense: HWB Director Michaela Johns attended the @lm_hospicecare Sustainable Fashion Show, which showcased innovative design and a strong commitment to sustainability in the fashion industry.The event, at the @porschebournemouth Centre in was a valuable platform for celebrating creativity while promoting positive change.Lewis-Manning Hospice Care is an independent local Dorset charity providing extraordinary care to people and their loved ones facing a life-limiting illness.As specialist charity accountants, we at HWB support a range of clients range from new start-up charities to centuries-old, from clubs and membership organisations to social enterprises. Find out more via the link in our bio...Contact us today for all your accountancy and business advisory needs: T: 023 8046 1200 E: admin@hwb-accountants.com

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Read the full article via the link in our bio

#HMRC #digital-firstorganisation #taxautomation

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Open post by hwbaccountants with ID 17902942650270914
HMRC's Transformation RoadmapOn 21 July 2025, HMRC launched their Transformation Roadmap, which sets out ambitious plans for HMRC to become a digital-first organisation by 2030, with 90% of customer interactions taking place digitally. This compares to 76% as at today. HMRC will automate tax wherever possible and offer new digital self-serve options across a number of tax regimes.Read the full article via the link in our bio #HMRC #digital-firstorganisation #taxautomation

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A daring team from HWB will be donning their Father Christmas suits on Sunday 7th December to take part in the Santa Slide from Bournemouth Pier - to raise funds for @dementiasupport_hantsiow

Please donate to help us meet our fundraising target by visiting our JustGiving page.
Link in bio ❤️🎅

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Open post by hwbaccountants with ID 17948855925023720
A daring team from HWB will be donning their Father Christmas suits on Sunday 7th December to take part in the Santa Slide from Bournemouth Pier - to raise funds for @dementiasupport_hantsiowPlease donate to help us meet our fundraising target by visiting our JustGiving page. Link in bio ❤️🎅

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