This course has passed.

Overview

Academies are increasingly seeking new commercial skills and opening up innovative income streams to improve financial stability and continue to provide excellent services.

By developing effective methods to raise income and influence key stakeholders you will maximise donations to your academy and improve your ability to be commercially successful.

This highly interactive course will provide detailed guidance on how to write successful funding applications and comply with VAT registration and recovery rules for academies.

Join Lisa Forster, Principal Consultant at the Chartered Institute of Public Finance and Accountancy (CIPFA) and take back an action plan to develop strategies to maximise income in your academy.

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Learning Outcomes

  • Explore income generation opportunities for academies
  • Learn from real case studies how to avoid conflicts of interest
  • Optimise your ability to claim Gift Aid and comply with VAT registration and recovery rules
  • Lean how to write successful funding applications and get the structure and style right
  • Take back an action plan to maximise income for your academy
All the Understanding ModernGov courses are Continuing Professional Development (CPD) certified, with signed certificates available upon request for event.

Enquire About In-House Training

To speak to someone about a bespoke training programme, please contact us:
0800 542 9414
[email protected]

Agenda

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09:15 - 09:45

Registration

09:45 - 10:00

Chair’s Welcome & Clarification of Learning Objectives

10:00 - 10:45

Principles of Effective Income Generation

  • Recognise benefits of implementing successful income generation methods
  • Understand the conditions needed to be commercially successful
  • Learn from real case studies how to avoid conflicts of interest
  • Avoid common pitfalls in strategic delivery
10:45 - 11:45

Commercial Activities and Tax Implications

  • Learn the legal constraints and opportunities of commercial practice in your organisation
  • Understand and comply with VAT registration and recovery rules for academies
  • Gain an in-depth overview of VAT liability of incomes and activities
  • Optimise your ability to claim Gift Aid and ensure you fulfil the related administrative requirements
11:45 - 12:00

Morning Break

12:00 - 13:00

Marketing Your Academy & Maximising Donation

Justin has a strong track record in raising funds for schools via conventional trust funds, grants and sponsorships. He has introduced an award winning strategy for the College, re-invigorating the brand and introducing social media tools to engage with diverse audiences.

  • Harness your stakeholders to maximise your income generation results
  • Use low cost marketing techniques that have great impact
  • Effectively market your income generation activities using digital marketing tools
  • Engage the parent community and interact with local businesses
13:00 - 14:00

Lunch

14:00 - 14:45

Write Successful Funding Applications

  • Explore options for funding sources and learn how and where to find grants
  • Assess what grant funders will and won’t fund
  • Understand how to get the application structure and style right
  • Look at terminology and buzz words to include and common mistakes to avoid
14:45 - 15:00

Afternoon Break

15:00 - 16:00

Workshop: Develop a Successful Income Generation Strategy

  • Assess the different methods for raising revenue and identify the best way forward for your organisation
  • Work with other schools to share services such as estates, finance and human resources teams
  • Mobilise your workforce to obtain support and challenge through the change process
  • Take back an action plan to develop strategies to maximise income for your organisation
16:00 - 16:15

Feedback, Evaluation & Close

Venue

etc. Venues – Marble Arch, London

Garfield House 86 Edgware Road, London, W2 2EA