Jaimie King (Bury St Edmunds)

Jaimie joined Whiting and Partners in July 2014 after completing her A-Levels in Mildenhall. She has completed her AAT and ACA qualifications and manages a portfolio of corporate, audit and charity clients based in the Bury St Edmunds office.

She is a member of the firms Audit, Not-For-Profit, and Corporate Tax groups. Jaimie also gets involved in the office charity fundraising and social calendar.

When not at work, Jaimie enjoys cooking and crafting, and always has her hand in a DIY project.

Specialisms

 
My Latest Blogs
 
Jaimie King
12th October 2020 AGM deadline extension for Charities

Due to Coronavirus, the Charity Commission had previously released guidance allowing Charities to postpone their scheduled AGMs to 30th September 2020, and allowing them to be held digitally.   This guidance has now been updated to allow postponement of AGMs to 30th December 2020.   The updated guidance can be viewed at – https://www.gov.uk/guidance/coronavirus-covid-19-guidance-for-the-charity-sector  

Read More »

Jaimie King
4th September 2020 New charity register

The Charity Commission has launched a new public register for charities – making information more transparent.   Using the below link, anyone can search for details of a charity which includes data such as financials, who the trustees are, and whether the charity fundraises from the public.   The Charity Commission wants members of the…

Read More »

Jaimie King
31st July 2020 Accounting for Coronavirus Support

Due to the pandemic, many Companies and businesses are receiving support from the government in the form of grants, loans and reliefs. Most of these businesses would not have accounted for something like this previously. UK Accounting Standards have different accounting rules for these types of transactions. Based on the latest guidance available, we have…

Read More »

Jaimie King
2nd July 2020 Covid Charity update

Many of the charities we support have been concerned about the impact of Coronavirus, and have understandably had many questions with regards to support and how to manage the charity.   Below is some of the latest government guidance (as of 26th June 2020) with regards to some of the most frequently asked questions that…

Read More »

Jaimie King
24th June 2020 Accounting for government financial support during the Coronavirus pandemic

Many companies have been receiving financial support from the government during the Coronavirus pandemic, either through the furlough/job retention scheme, rates relief or grants.   The technical advice   Under UK accounting standards, income from the government should be recognised under one of two models, based on the nature of the grant as follows:  …

Read More »

Jaimie King
30th April 2020 COVID-19: Charity fraud and cybercrime

The spread of Coronavirus is being exploited by criminals to carry out fraud and cybercrime. Latest data from police shows there has been an increase in Coronavirus related scams.   Any charity is at risk, but especially those providing services to the local community during this crisis. Common frauds and cybercrimes to be aware of…

Read More »

Jaimie King
14th April 2020 Covid-19 and stock-take attendance

Companies that require their accounts to be audited, and hold significant levels of stock at their year-end, expect a visit from their auditors annually to perform test counts of their stock.   However, during the current lockdown, auditors are considering other ways to gain the assurance they need over the stock levels held. Some suggestions…

Read More »

Jaimie King
12th March 2020 Can’t file because of Coronavirus?

All companies must file their accounts with Companies House every year, and there is an automatic penalty applied if they are filed late.   Companies House have today released guidance regarding coronavirus. If you are unable to file your company accounts due to the virus, you must make an application to extend the filing deadline…

Read More »

Jaimie King
12th February 2020 Successful tax refund for grain silo treatment

A successful legal case claiming that grain silos should be treated as plant and machinery for corporation tax purposes – rather than land and buildings – has resulted in a successful tax refund claim by Whitings.   The claim was submitted following precedent set in the legal case, and resulted in a substantial tax refund…

Read More »

Jaimie King
13th August 2019 Charity accounts assurance

Whether unincorporated, a charitable company or a CIO (charitable incorporated organisation), charities are required to have certain levels of assurance over their financial statements depending on their size. The limits are much smaller than companies, meaning that many charities require some sort of external scrutiny. The requirements by size are as follows: Income up to…

Read More »