Making it count with the Chelsea Foundation
news Fri 12 Jan 2018
The Chelsea Foundation reached 100 not out for participants gaining their AAT (Association of Accounting Technicians) Introductory Award in Accounting earlier this month when Dean Houlahan became the latest to gain the qualification.
The Foundation was the first football club charity to successfully deliver the Accountancy for Small Business Programme, which has been running since 2016 and holds an impressive success rate.
The programme is for job seekers who are preparing to start up their own business. It teaches the basic understanding of small business financial planning and the essentials for writing a business plan.
The newly-qualified Houlahan said: ‘I wanted to start my own business and I’d already started 70 per cent of my business plan, but obviously the figures were quite hard to put in place. I decided to come forward and get the accountancy up to a good level with this course being offered by the Chelsea Foundation.
‘The programme has been really good, it has been straightforward, and I’ve passed so it has been really good.
‘I feel it is very beneficial, so I’d suggest for people to do an accountancy course with the Chelsea Foundation first before making a start on their business plan.’
Course tutor Juan Velenzuela said: ‘The course covers four units; Maths accounting, accounting in a professional environment, basic accounting terminology and creating business documents.
‘We also covered Microsoft excel and cash flow as we tried to extend the programme a little bit to try to fit into participants’ business ideas.’
Chelsea Foundation further education manager, Louise Marriott said: ‘Delivering this AAT Accountancy qualification and the additional business support provided by the Foundation, enables us to realise our key aims of supporting small business start-ups, plus creating the opportunity for them to become sustainable businesses within our local community.’
AAT chief executive Mark Farrar said: ‘It is such exciting news to hear that so many would-be entrepreneurs have already benefitted from the scheme run by the Chelsea FC Foundation. An AAT qualification is highly regarded and has equipped many thousands of small business owners with the finance knowledge they require to help get their business off the ground. We hope the scheme continues to thrive in 2018 and beyond.’