Changes to leasing for LEA schools & academies

operating leases for schools

The Implementation of IFRS16 changes leasing for schools. In April the DFE changed the guidance for leasing for LEA-maintained schools and Academies.The changes have an immediate effect on LEA-maintained schools but Academies implementation may not apply until September 2024. Up until April, schools had been limited to Operating Leases when signing lease contracts, but since […]

Modular Buildings

Equipment leasing for schools

Need Additional Classroom Space? Don’t feel constrained by having to pay large invoices for new classrooms. We can help you spread the cost with fixed payments for up to 9 years. Besides offering highly competitive rates you will have: Have peace of mind that your rentals will not increase as rates are fixed for the […]

Change of Address

@CarmsCouncil

With thanks to @CarmsCouncil for the image above. We would like to advise you of our new office location and to confirm that, other than the change of address, all business details will remain the same. Please can you update your records that as of 29/09/23 our new address will be:   Unit 20, Old […]

Schools Frequently Asked Questions

finance leases for schools and academies

A common question raised by School Business Managers is “How do we check our leasing contracts are ok?” Here are some of our guidelines for schools leasing equipment. Ensure that the Operating Lease you are signing is a true operating lease and compliant with funding guidelines.  Ensure that your funder is working to current guidelines […]

A Million Reasons to Ride

A Million Reasons to Ride

Cyclescheme have become the first provider to deliver 1m bikes under the Cycle to Work programme. It was launched in 2005 and Axis are pleased to have been involved with the facility since its inception, providing alternative methods of funding to the largest corporates, local authorities, and since Covid, right down to the smaller SMEs. […]

Covid 19

Important Update: COVID-19 Like many of you we are taking action to mitigate the effects of the Coronavirus on the operations of the business.We have arranged for remote-working to be available to our team, and we will be on hand to assist our Clients, both new and old, in these uncertain times.  Assistance if your business […]

Salary Sacrifice

A Million Reasons to Ride

The Cycle to Work Scheme Axis Lease Management Ltd has been funding the Cycle to Work Scheme for over 12 years and has funded in excess of 40,000 bikes across the UK for many different organisations including, Blue-chip organisations, Local Authorities, NHS Trusts, Fire & Rescue Services, Police Constabularies and retail outlets. HMRC have recently […]

Laptops For Students

The Benefits of a Parental Rental Scheme In the UK parents invest millions per year in technologies for the household. Most families have a computer and internet access, so why rent or buy school sponsored equipment? Our Laptops for Students programme can be the solution for many schools who struggle to afford new equipment. It […]