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Articles by Hugh Swainson
Buzzacott strengthens Social Housing team with John Butler
We’re thrilled to share news of John Butler's appointment as Assistant Manager within our Charity and Not-for-Profit audit team, specifically strengthening our Social Housing offering. John joins us from the National Housing Federation, where he was its Finance Policy Lead.
Accounting and finance update for housing associations
Recorded on 21 February 2024, this webinar covered topics including financial management, risk mitigation, and audit considerations for the housing sector. It will equip viewers with top tips and refresh essential knowledge, helping you effectively prepare future accounts. Watch the recording now and download the slides below.
Staying compliant with loan covenants
The regulator’s sector risk profile in November 2023 highlighted the reduction in EBITDA MRI interest cover across the sector with headroom on loan covenants dropping. Failure to manage loan covenants and relationships with lenders can present a key risk to financial viability. Introduction Impact on the year-end Impact on the year-end When it comes to the year-end financial statements, it is important to avoid an unplanned or unnecessary breach of loan covenants.
Public Contacting for charities and social enterprises
Join us for the launch of our Seminar on Public Contracting. Register your interest now. Tuesday 3 October 2023 Join us for a Seminar on Public Contracting where we’ll discuss some of the biggest challenges in the public contracting space, equipping attendees with valuable insights and best practices to help overcome these challenges effectively. In this event, Buzzacott will bring together experts and experienced practitioners to address these complexities and share possible solutions.
Elevate your board's impact with Board Assurance
As a board, you confidently set strategy, monitor performance, and review risks. However, how can you be sure that effective assurance mechanisms exist across the organisation? To achieve your most significant impact and ensure organisational success, it's time to turn your focus to Board Assurance. A structured approach that turns assumptions into evidence, offering a deeper understanding of your organisation.
How to find authority and agency amid the messiness of leadership
PART 6: “He said, she said” arguments, an interfering chair, and colleagues like a “bag of ferrets” – long-time mentor Liam Black has seen it all. So do the work to know who you are as a leader, and how you want to exercise your authority – or prepare for trouble. Expert advice from the latest instalment of his new book, How to lead with purpose: Lessons in life and work from the gloves-off mentor.
Challenges of recruiting to INGO trustee boards
Event overview The first event focused on recruitment challenges, with guest speakers David French of Trustees Unlimited and former trustee of Y Care International and Lena Bheeroo, Anti-racism and equity manager at Bond and Trustee of EachOther, sharing their advice on how trustee boards can balance recruiting for skills with representation and diversity, as is it these areas that trustees and senior International NGO leaders have told us that they’re finding most challenging.
Academies annual update with Stone King 2023
Tuesday 4 July 2023 About this event Our Academies Annual Update with Stone King returns with a morning of essential accounting, governance, legal and employment law updates and how they impact your single- or -multi-academy trust. If you’re key finance personnel, a trustee or governor of an academy, you won’t want to miss this. Time 09:00 - 12:00 Venue Buzzacott LLP, 130 Wood Street, London, EC2V 6DL Sign up now
Trustee Training: Impact Management 2023
Tuesday 31 October 2023 About this event In partnership with Social Value UK, this event is designed for those in charge of managing and reporting on impact data within their charity. It may also be of interest to trustees who are interested in better understanding the impact data their charity produces. The session will be a blend of workshop style sessions and important updates presented by our experts with attendees gaining valuable access to impact experts at Social Value UK.
a guide for international NGOs
The open session concluded with a brief discussion on the challenges for trustees. One of the responses that resonated with many in the room was how to effectively build relationships with their fellow trustees, especially given that Board meetings are online and trustees are based around the world. Team building and nurturing mutual support were considered vital factors.
Five steps for boards to optimise social impact
Delivering positive social impact is what all social ventures are focused on achieving – but it won't happen unless you are clear on the basics of what you are aiming to change, who you want to support, how much impact you want to make and how you are going to deliver and then measure your success. As a board director, trustee or member of the leadership team, there are some key steps you can take to help make sure your impact on the ground matches your aspirations and your vision.
Trustee training: impact management
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Potential implications on 2022 financial statements
Read time: 11 minutes Last updated: 21 Sep 2022 The conclusion of the Harpur Trust v Brazel case deemed “the Percentage Method” for calculating holiday pay to zero-hour workers no longer appropriate with a new averaging method being applied. Employers should act now to review their position and ensure compliance.
Governance: a guide for international NGOs
Offering specific, practical and tailored advice to trustees of international development organisations, this guide has been designed to help trustees address increasingly urgent issues within the sector.
Fish or trees? Horses or leisure centres? Social enterprise finalists line up for NatWest SE100 Awards
Dilemmas for the NatWest SE100 judges as 29 high-performing finalists are chosen across seven different categories for the 2022 Social Business Awards. Read on to find out who's up for a top prize... How do you judge between a massive, multimillion-pound leisure business delivering public sector services to thousands of people – and a small community interest company using horse riding and countryside experiences to help people make life-enhancing decisions about their future?
What makes a social enterprise winner? Five top tips on how to win the NatWest SE100 Awards
The SE100 Awards, created by Pioneers Post in partnership with NatWest, aim to celebrate and share knowledge from the most exciting and pioneering social enterprises across the UK. But it takes some special qualities to be named as one of our winners. As long-standing supporters of the awards, our partners at Buzzacott Accountants commit some serious hours each year to carry out an in-depth exploration of the candidates vying for a place on our shortlist.
Still social? Soap enterprise told to come clean on status as 30 staff remain unpaid
A leading social enterprise is at risk of being thrown out by the UK’s national membership body, as it settles into new ownership and grapples with cash flow problems. Last month Clarity & Co. was rescued from collapse in a deal that managed to save all 85 jobs.
Rethink your governance, boost your social impact: Five steps boards can take for better outcomes
What does it mean for a social purpose organisation to be well run? In many ways the same principles apply as with a for-profit organisation – the crucial difference, of course, is that a social purpose organisation must achieve its social mission, not just make a profit. And very different processes are needed to achieve these two things. Those governing social purpose organisations need to make choices around social impact.
Fit for the future
As social enterprises enter the post Covid-19 world, how can they mitigate the risks elevated by the pandemic? Now is the time to develop new revenue streams, review grant terms and ensure cash is working as effectively as possible.
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