Martin Aitken & Co Ltd News & Developments

Martin Aitken & Co: news and comment
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Charity Finance & Governance Workshops

We are delighted to announce that we will be working alongside Glasgow Social Enterprise Network (GSEN) offering two free workshops for GSEN members. 

We work with pre-start, start-ups, early stage and rapidly growing companies, charities and social enterprises. Helping you to get up and running, commercialise your business idea(s) and run and manage the enterprise on a sustainable basis. 

Click on the links below to find out more about the upcoming workshops: 

 

MACO TPL financial structureGetting to grips with the finances - 19th September 2019. 9am -11am:  Good financial management will help your enterprise to become more profitable. >more 

 

MACO TPL Thumps up stickerGood Governance - 2nd October 2019. 9am - 11am: Good governance is fundamental to social enterprise's success. >more

 

 

Getting to grips with the finances

Good financial management will help your enterprise to become more profitable - it is one of the most important aspects of running a successful business. But many Directors and managers often struggle to get to grips with the books, finances and taxes. MACO TPL financial structure

This session has been designed to give directors and managers from social enterprises the understanding they need to: improve their financial knowledge and confidence; make more effective decisions; and to know which bits of the business are working (and profitable) and which bits are not (and making losses) and to develop corrective actions to get back on track.

What the session will cover

  • Understanding the role and differences between the key financial statements (year-end), management accounts (ongoing) and setting up KPIs.
  • Improving your awareness and understanding of the key financial metrics in the business and how to measure and report on these metrics.
  • Measures to improve and monitor working capital and cashflow.
  • Establishing and implementing key financial systems, controls and procedures in the business.
  • Setting up management reporting – what should be included in the weekly, monthly and quarterly MI director packs and assessing performance and returns: budget vs actual.
  • Business taxes, allowances, reliefs and planning opportunities.

Who should attend? 19942 MACO Tax Planning 31

Directors, trustees and financial managers from social enterprise: start-ups, early stage and social enterprises looking to take their business to the next level.

Session hosts

Martin Aitken & Co work with pre-start, start-up, early stage and rapidly growing companies, charities and social enterprises. Our work involves helping the enterprise to get up and running, commercialise their business idea(s) and run and manage the enterprise on a sustainable basis.

Working with the team at Glasgow Business Gateway we provide directors, owner-managers, trustees and finance managers with advice on accounting, finances, raising funding, taxes, business planning and advising directors on the best financial choices to make at each stage of growth.

Presenters: Mark McRae Director and Duncan MacCaig, Associate Director

Times and Location

Date/time: 19 September 2019. 9am-11.00am (Registration & refreshments from 8.30am)

Venue: Martin Aitken & Co, Caledonia House, 89 Seaward Street, Glasgow, G41 1HJ
Map, location and contact.

Registration

Send an email to: This email address is being protected from spambots. You need JavaScript enabled to view it. to book your place.

This is a free event for GSEN members.

 

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Good Governance

Good governance is fundamental to a social enterprise’s success. It should facilitate excellent performance and promote a culture where everything and everyone is working towards achieving the enterprises’ vision and objects, but it is not an end in itself. MACO TPL Thumps up sticker

Many people on social enterprise and charity boards are volunteers. But being a volunteer doesn’t equate to being an amateur. Many social enterprises are receipt of public funds, and with that they are charged with ensuring that not only is the money put to good use, but the structures, controls and procedures that govern how that money is used will stand up to professional scrutiny and oversight.

Do all of your directors and/or trustees understand governance and the range of potential risks that the enterprise could face? Does the enterprise have appropriate controls, strategies and action plans in place to address the identified risks?

In other words, are you governing the enterprise effectively and will it stand up to challenge?

What will the session cover?

  • Governance – what is it and what’s involved e.g. organisational purpose, leadership, board behavior, control and effectiveness (taking into account the Scottish Governance Code for the Third Sector)
  • Directors and Trustees roles and responsibilities.
  • Financial controls and risk management – establishing the right foundations that will enable the enterprise to become sustainable and resilient.
  • Getting the principles of good governance embedded into the organisation.
  • Financial accounting, external audit requirements and the Directors/trustees annual report.
  • Recurring themes and pitfalls: risks and everyday challenges that will arise from your day-to-day operations, their impacts and taking preventative and corrective actions.

Who should attend? 19942 MACO Tax Planning 30

Directors, trustees and financial managers from social enterprise: start-ups, early stage and social enterprises looking to take their business to the next level.

Session hosts

Martin Aitken & Co work with pre-start, start-up, early stage and rapidly growing companies, charities and social enterprises. Our work involves helping the enterprise to get up and running, commercialise their business idea(s) and run and manage the enterprise on a sustainable basis.

Working with the team at Glasgow Business Gateway we provide directors, owner-managers, trustees and finance managers with advice on accounting, finances, raising funding, taxes, business planning and advising directors on the best financial choices to make at each stage of growth.

Presenters: Adrienne Airlie, Director and Gavin Curr, Associate Director.

Times and Location

Date/time: 2 October 2019. 9am-11.00am (Registration & refreshments from 8.30am)
Venue: Martin Aitken & Co, Caledonia House, 89 Seaward Street, Glasgow, G41 1HJ
Map, location and contact.

Registration

Send an email to: This email address is being protected from spambots. You need JavaScript enabled to view it. to book your place.

This is a free event for GSEN members.

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