Managing Legacy Estates:
Old premises with expensive heating and high maintenance lighting
Managing Costs:
Academies are not immune from government cuts and must manage cash within the DfE budget
Managing Balance Sheets:
Academies cannot borrow, so must be innovative when financing new technology
AFM Solutions offers advice and structuring on Operating Lease finance under UK GAAP (s.20 of FRS102), support with suppliers, installers and integrators and ensures transactions are compliant with the Academies Act 2010 and the Academies Financial Year Handbook, by:
engaging with suppliers to pinpoint "value for money"
modelling the costs and benefits
mapping repayments into the savings and revenues from the project
assisting the Academy's FD and its auditors to evaluate and classify the Lease
advising on Operating Lease terms
ensuring supplier bills are paid once the project is delivered and commissioned