FS4S Financial Services

FS4S offer a range of financial services that can be tailored especially for your school or academy. We hope that you will find that our financial services are of benefit to you and that your needs will receive the highest level of attention from our dedicated and proficient team. We are an established company that has many years of experience of working with schools, academies and multi academy trusts.

Most of our clients purchase a package of on-site visits, each visit lasting one-half day. However we find that more and more schools and academies like to have support for a half-day or full-day each week, fortnight or month particularly if they are converting or joining multi academy trusts, or to support new finance or management teams.

We can bring our expertise to your school at a moment’s notice to cover any unexpected absences thus preventing the usual worries about training and managing temporary staff. We can work alongside your business manager and finance staff, Headteacher and leadership teams and your governors including attendance at governor meetings.

Our flexible approach means that your priorities become our priorities and we have the capability and the capacity to fulfil your requirements.

All our finance packages include a three-year budgeting plan, a helpdesk, regular e-mail newsletters and alerts and seminars for your finance staff.

Training courses are offered regularly and we can also provide training at your school that is specific to the needs of your staff.

Maintained School Finance Services

  • Regular finance system checks
  • Preparation of a three year budget plan including use of our bespoke template
  • Budget planning and "what-if" scenarios
  • Completion of local authority returns
  • Regular monitoring including cashflow projections
  • Year end procedures
  • Implementation of local authority procedures and regulations
  • Training of staff and governors
  • Preparation of finance procedure manuals and policies
  • Schools Financial Value Standard
  • Benchmarking
  • Support to implement the outcome of internal audits
  • Audit/Independent Examination of School Fund accounts

Academy and Free School Finance Services

  • Closure of local authority accounts
  • Closure and audit/independent examination of school funds
  • Cost calculations for converting or new academies/ free schools
  • Setting up chart of accounts
  • Preparation of a three year budget plan including use of our bespoke template
  • Budget planning and “what-if” scenarios
  • Preparation of Education Funding Agency budget forecast
  • Preparation of finance procedure manuals and policies
  • Year end procedures to production of trial balance
  • Accruals/prepayments/depreciation
  • Regular finance system checks
  • Implementation of EFA procedures and regulations
  • Training of staff and governors
  • Benchmarking
  • Support to implement the outcome of audits
  • Responsible Officer Checklist service