Schools Briefing – Autumn 2021

Various scams and fraud schemes have been put in place during the pandemic, so it’s important to stay vigilant. Vikram Sandhu outlines how schools can protect themselves from common frauds, who is then supported by Tony Gee, Pen Test Partners’ ethical hacker, explaining how schools could improve their cyber security.

Alex Gillespie and I outline why the management of reserves and financial monitoring is more important during turbulent times and, on the subject of cost control, Naseem Nabi summarises the options available to schools in connection with their membership of the Teachers’ Pensions Scheme (TPS).

As independent schools dust off their capital development plans, Lee Stokes draws attention to the current matters which will need consideration before embarking on a new project, and Nick Bustin advises on how schools need to address three current areas of employment tax.

As always, I hope you enjoy reading this publication and do let the articles’ authors, me, or your regular contact know if you have any questions concerning the matters discussed.

Robert Sinclair

Rob specialises in managing statutory audits and regulatory assurance work in the financial services sector. In addition to his focus on fund management clients his portfolio includes further corporate clients, educational trusts and schools, membership bodies and firms of solicitors.

Prior to joining haysmacintyre in 2007 Rob studied history at the University of Bristol and for the ICAEW ACA qualification at BPP.

In his spare time, Rob enjoys trips and activities with his young family, cycling, cooking and fishing.

Sudhir Bance

Sudhir specialises in delivering robust and efficient audits to clients primarily in the tech sector. His experience ranges from small owner managed start ups, to large listed FTSE 100 companies.

Prior to joining haysmacintyre in 2021, Sudhir was a manager at a top 10 firm, where he was a key member of the audit team, assisting to redesign audit methodology across the department, achieving top file review scores and improving audit efficiencies.

In his spare time Sudhir enjoys yoga, the gym, investing and experiencing the latest bars and restaurants across the capital.

Nicola Tinker

Nicky is part of the hospitality team at haysmacintyre and offers audit and assurance services to our clients. Her portfolio includes restaurants, hotels and pubs of varying sizes. Nicky trained with Haysmacintyre and joined the hospitality team in 2020 after becoming ACA qualified.

In her spare time Nicky enjoys travelling to new places and finding new restaurants in London to explore!

Dinesh Pancholi

Dinesh provides expert advice and support to clients ranging from large corporations to OMBs. He covers all areas of employment tax including employment related securities compliance and reporting.

Prior to joining haysmacintyre in October 2021, Dinesh was a Senior Manager in the PKF Smith Cooper Employment taxes team.

Previous to joining an accountancy practice, Dinesh was an HMRC Employer Compliance Office so he can share his experience from both sides!

In his spare time Dinesh enjoys watching football and cricket, reading and listening to music.

Morgan McKee

Morgan specialises in delivering robust audits to clients in the hospitality sector.

Prior to joining haysmacintyre in 2021, Morgan worked as an Assistant Manager at a Big 4 firm, where he was a key member of the private enterprise team as well as a member of the quality improvement regional team.

In Morgan’s spare time he enjoys going to the gym, photography and exploring new bars with a specialist interest in the live music scene. Morgan is also an avid skier and rugby fan which comprise his main holidays away each year.

Rakesh Vaitha

Rakesh is also experienced in documenting and mapping all finance process flows, including as Head of Internal Audit at his previous employment. With his internal audit knowledge, he would be involved in the assignment to give insight into controls environment and where efficiencies can be achieved.

Chrysanthi Herodotou

Chrysanthi has over 10 years’ experience providing audit and accounting services to a range of FCA regulated and financial services clients. Chrysanthi has supported her financial services clients on statutory reporting matters in addition to providing annual statutory and CASS audit services.

Chrysanthi joined haysmacintyre after graduating from City University, London in 2004.

Chrysanthi likes to keep active, and is a regular gym goer.

David Goode

David specialises in Professional Institutes and Membership Bodies (PIMBs) and enjoys advising clients on diverse and challenging matters which extend beyond the audit.

Prior to joining haysmacintyre in 2013 as part of the firms graduate training scheme, David worked for a private ambulance firm in a flexible role that combined office administration and patient facing service delivery.

Outside of work at haysmacintyre, David is the treasurer for a charity based in Southwark which aims to tackle poverty and social injustice, which bolsters his awareness of initiatives from a client’s perspective.

In his spare time, David enjoys keeping in touch with friends and occasionally keeping active with running or racket sports.

Get in touch