We have extensive experience in dealing with federations, not only from an accounting and taxation point of view, but from a business advisory perspective too, with the partners acting as non-executive directors for federations.
The kind of work we do for federations includes:
- Helping set up the federation, advising on the type of company, the articles, etc.
- Helping the federation decide on its pension status, looking at Independent Provider or APMS routes to the NHS Pension Scheme
- Attending board meetings to help where needed
- Providing the bookkeeping through cloud-based software
- Producing regular financial statements up to monthly profit and loss accounts and balance sheets
- Operating the payroll for federations