Supporting everyone in sport, from professional to grassroots level with NGB audits
Businesses in sport encounter unique intricacies in their operations in comparison to any other sector.
Sporting entities often consist of multiple ‘mini-companies’, including the likes of retail, hospitality, commercial and more, which all need to be understood and considered for a financial support system to add value to the sporting body.
Our dedicated, specialist Sport division is designed to advise and manage those many financial intricacies common to the sporting world, making us the trusted advisers and NGB auditor of many of sport’s top individuals, clubs, national governing bodies and more, including Premier League footballers, Rugby League clubs, amongst others.
A holistic service to pinpoint cost-saving opportunities and identify weaknesses
Our holistic approach ensures we’re well placed to assist NGB’s not only with their internal systems and procedures through the audit process but through our advisory services, such as Management Information, Tax and Funding.
With over 30 years of experience in auditing, our team has vast experience auditing sporting entities and deeply understand the systems and specific reporting requirements, including the likes of partial exemption VAT – a key compliance area that can often catch out these organisations, to ensure each quarter they are reclaiming the correct amount of input VAT.
To date, we are the trusted auditor of a number of high profile UK-based sporting National Governing Bodies, including Basketball England, British Kendo Association, British Judo, England Boxing and British Wrestling.
Adding value to sporting NGBsbeyond the audit
With the industry heavily reliant on Sport England/Lottery funding, we deliver beyond auditing by helping NGB’s with sensitivity analysis to ensure they can cope with any possible reduction in funding and look at how they are developing their other income streams to reduce their dependence on grant income.
Our Regency and Ambler Club homes also host dedicated events for our NGB’s to assist them with diversifying from grant funds and any other pitfalls that may be encountered as a complex organisation.