charity accounts

Accounts for all but the smallest of charities must be held on public record with the Charity Commission in pursuit of transparent public accountability.

 

The Government recognises the key role that charities play in society and through legislation and guidance provided by the Charity Commission encourages sound stewardship of charity funds by the trustees.

 

How we can help you

Charities come in all shapes and sizes, from the small local playgroup to well-known household names. For the smaller charity, the volunteers who act as the charity’s trustees can now be faced with a bewildering array of legislation and guidance.

 

Sectors in which we have experience:

• Incorporated charities
• Religious organisations
• Registered social landlords
• Charitable trusts
• Leisure trusts and sports associations
• Children’s charities

We offer the following services:

• Advice on operating structure, whether that be as a trust set up by deed or as a Companies Act charity, limited by guarantee
• Advice on the consequences of trading and, where appropriate, the incorporation of a trading subsidiary
• Assistance on tax reclaims for gift aid and investment income
• Advice on VAT, including efficient partial exemption schemes
• Management of cash flows and budgets
• Preparation of accounts in accordance with current legislation and guidance.
• Audit and assurance work
• Compliance work i.e. submission of annual returns
• Book-keeping and bank account maintenance
• Payroll services

For more information or to arrange a consultation please contact us or call us on 01323 730631