September 20 Newsletter
August 31, 2020
We hope that this newsletter finds you and your families well.
In this newsletter we will be looking at resilience, understanding the latest government scheme changes and our app of the month!
BUSINESS UPDATE
Resilience
One thing we'd like to talk about this month is resilience.
What
Business resilience begins with an understanding that workflows must be preserved in order for organizations to survive unexpected events. An often-overlooked challenge of business resilience planning is the human element, whereby individuals in a chaotic situation must be prepared and educated on how to respond accordingly.
In the midst of the Covid-19 crisis, we have become painfully aware of the fragility of supply chains, health care, and other critical systems. Many leaders have announced the intention to build back their businesses more resiliently, but not many know how to do so. Few business schools teach resilience, and today’s managerial toolkit is dominated by financial performance management. As a result, very few companies are able to explicitly design for, measure, and manage resilience.
Why
We can usefully define resilience as a company’s capacity to absorb stress, recover critical functionality, and thrive in altered circumstances.
Resilience is especially important today because the business environment is becoming more dynamic and unpredictable. There is no better example of system stress than the coronavirus crisis.
If you would like to find out how resilience could help your finance department, then please get in touch for a free of charge chat.
GOVERNMENT SUPPORT UPDATE
More changes are happening in the coming months with the Coronavirus Job Retention Scheme (in addition to the flexible furlough scheme which started on 1st July), here is a summary:
September
Government willl pay 70% of wages to a cap of £2,187.50 for the hours the employee doesn't work. Employers will pay ER NICs, pension contributions and 10% of wages to make up 80% total to a cap of £2,500.
October
The government will pay 60% of wages up cap of £1,875 for the hours the employee does not work. Employers will pay NICs, pension contribtions and 20% of wages to make up 80% total up to a cap of £2,500. The scheme closes on 31st October 2020.
February 2021
The government will pay a Coronavirus Job Retention Scheme Bonus of £1,000 for every employee who has been furloughed and is still employed on 31st January 2021 (subject to conditions). Please see here for the latest information.
The Self-Employment Income Support Scheme has been extended. If you are eligible you will be able to make a claim for a second and final grant from 17th August 2020. These are the main points:
Amount
Taxable grant worth 70% of your average monthly trading profits, paid out in a single instalment covering 3 months' worth of profits, and capped at £6,570.
Eligibility
HMRC will contact you if you are eligible, this will be based on the same criteria as used for the first grant. You will also need to confirm that your business has been adversely on or after 14th July 2020.
Please see here for the latest information.
Please get in touch if you would like any advice or help in relation to the schemes.
Grants of up to £5,000 available to help SMEs recover from COVID-19:
Amount
This package will include grants up to a maximum of £5000, however, most grants will be around the figure of between £1000-£3000.
Eligibility
The grants, which do not require any match-funding, are designed to:
help businesses access specialist professional advice in response to the impact of COVID-19 e.g. human resources, accountants, legal, financial, IT / digital.
purchase minor equipment to adapt or adopt new technology in order to continue to deliver business activity or diversify in response to the global pandemic.
These grants are in addition to a £10m package previously announced specifically for businesses in the ‘visitor economy’ sector.
Contact us
App of the month
Receipt Bank is a great tool that will sort the data entry (and turn you paperless) in 3 simple steps
Snap it
Use your phone to take a picture of all bills and receipts
Send it
Forward any emails with PDF attachments to your receipt bank email address
Sorted
The paperwork is now all saved in Receipt Bank and Xero. Now your free to focus on what really matters, growing your business.
Fetch
Fed up of logging into websites to download bills each month for your accountant?
Set up Fetch and Receipt Bank will even do this for you as well!
Contact us
Until next month,
Stay safe,
Katherine, David, Kasia and Joe

Inclusion is desirable, yet it is complex. In this two-part blog, we begin to unravel the challenges of increasing needs in education and diminishing resources. In this article, Dr Anita Devi explores some of the many challenges Educators in England currently face. Her intent is to extend perceptual thinking from problem to solution. In Part 2, Katherine Robertson will unpick some of the financial levers for consideration. I have worked in the education sector for a fair few decades now. Am I showing my age? Possibly, but also my experience and out of that experience is born wisdom. Wisdom is applied knowledge with the benefit of lived experience and hindsight. To broaden our thinking, I have decided to focus on three areas: Rising needs in the classroom – ensuring each child receives an educational experience that is progressive, whilst meeting their needs Less is more – applying a structured and systematic approach to providing support for special educational needs and disability (SEND) Commissioning with purpose – intentionally involving others, when needed. Since the increase in needs always outmatches the rise in resource funding, sadly we will always be in a deficit. This is not about being despondent, but hopeful through responsive and creative solutions. In many life situations, we face elements of the unknown and so we put in place checks and balances to ensure we maintain stability. If our own personal finances were continuously in the red, we would be faced with three options: Reduce spending Increase income Look for alternatives In the education world whilst options 1 and 2 may be possible to some degree, it is restricted and ultimately option 3 has been our default; especially if we are to adhere to the core principles of The Salamanca Statement (1994) and more closely to home, The Children and Families’ Act 2014. Rising need in the classroom Those who lead on inclusion and /or SEND need to simplify systems to ensure those learners who require additional and adaptive provision receive it. I have expanded more on this in a July 2023 booklet, which you can download here . If as a leader, you understand the fundamentals of an inclusive provision framework, you can reduce the paper trail to make it purposeful, without compromising on keeping a diligent paper trail of evidence. This will also ensure you know whether what is in place is having an impact or not. SEND: It is time to lead differently . Less is more There are a number of core decisions to be made when additional provision is put in place. For example, in or out of the classroom? How long is the defined additional support required and most importantly what is the expected outcome from the additional support? For far too long, we have assumed the ‘forever’ model when it comes to interventions or additional support. We have often omitted to discern short-term from long-term, as well as factor in the negative impact of too many interventions simultaneously. Short-term interventions, if assessed and targeted well can (in many instances) provide the learner with new skills and/or increased independence. This is a desirable outcome, as none of us is truly seeking to create a dependency model. Equally, administering too many interventions simultaneously takes away from the exploratory nature of interventions i.e. what’s working and what needs to change. We have indeed moved away from the ‘medical model’, however, some of the basic principles still need to be considered. In response to a medical condition, a doctor would not prescribe multiple medications or remedies simultaneously. Due care and consideration would be given to the negative interactive impact of one solution upon another. We need to apply a similar approach to inclusion and SEND. This is not denying that a child may have multiple needs, but sometimes it is about focusing on one thing at a time. Commissioning with Purpose This has been a bugbear of mine since 2018 , if not before! As a previous SEND Advisory Teacher, I was always intentional about ‘adding value’ to what is already in place in any setting. As a previous Senior Leader / SENCO, I was always intentional about securing services that provided ‘value for money’. I’ve worked with The Audit Commission on this and The National Audit Office, not to mention Business Managers and local authorities. I would also encourage readers to explore their ‘decommissioning process’. As a long-standing Education Change Consultant, my team & I always write our exit plans before we go into support. This is regardless of whether we are working in the UK or overseas. I am continuously amazed how many schools/colleges rely on the same service for years, even if there is no impact evidence of change through the input they are buying in. Over the years, training head teachers at national conferences, I have always advocated ‘procurement with precision’. Even at local authority level, I think provision would be better if Porter’s Forces were applied during the annual review of an EHCP in regard to placement choices, especially non-maintained Independent schools (NMIs). Supplier power through exuberant price hikes, in a time when there is a shortage of places, is both immoral and financially unsustainable. This is just the start of the conversation, but with a few systemic tweaks – schools and colleges can begin to look differently at provision. Still meeting the needs of children and young people but reducing the strain on financial resources and human manpower. Do get in touch if you would like to find out more. Author: Dr Anita Devi dr. h.c. Dr Anita Devi , leading SEND specialist, and Katherine Robertson , strategic finance expert, have joined forces to offer a new advisory service for schools and colleges . This service is designed to provide strategic financial governance of SEND provision, focusing on efficiency, effectiveness, and value for money . We help you explore financially sustainable solutions that support early intervention, improve outcomes, and make the most of every pound spent, without compromising on quality. If you're ready to rethink how SEND resources are used in your setting, contact us for a preliminary conversation at SEND_Finance@youtopia.co.uk 📢 And keep an eye out for our upcoming blog