We have been asked by a number of academies whether there is a requirement to present the accounts to the members for approval. Although there is no specific provision in the standard academy articles of association, Section 423 of Companies Act 2006 provides that every company must send a copy of its annual accounts and reports for each financial year to every member of the ...
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For academies that have prepared statutory accounts to 31 August 2011 there are 3 documents that need to be filed with the YPLA by 31 December 2011 at the latest:
- ard copies of the audited accounts, comprising the annual report and the financial statements, containing signatures of the governing body and auditor;
- A hard copy of the independent auditor’s ...
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HM Revenue & Customs (HMRC) have launched their latest voluntary disclosure plan, for those receiving tuition and coaching income where the full amount of tax has not been paid. This applies whether this is the main or a secondary source of income, and regardless of whether a formal qualification is held.
For those wishing to take up the disclosure plan, notification must be made by 6 ...
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