The governance and accounting requirements of a registered charity are quite complex. You need a charity accountant who has specialist knowledge of the Charities Act 2011, the related charities SORP and of the specific tax rules that are relevant.

We have established a specialist team of charity accounting expertise, who currently act for registered charities in many niche sectors:

  • Registered social landlords,
  • Education,
  • Head office and branches of national charities,
  • The theatre,
  • Religious organisations,
  • Medical charities,
  • Pre-school playgroups,
  • Charities which own and maintain a protected asset,
  • And numerous good cause small local charities, set up for a specific purpose.

We find that the accounting services that these charity clients are most interested in are:

Compliance Services

  • Preparation and submission of SORP compliant annual accounts,
  • Different levels of assurance on these charity accounts:
    • Non
    • Independent Examination,
    • Audit (undertaken cost efficiently), including production of a helpful Management Letter,

Outsourced Services

Advisory Services

  • Advice on operating structure:
    • Unincorporated trust,
    • Companies Act charity, registered by guarantee,
    • Industrial and Provident Society Company.
  • Making ourselves available for general support services, including attending your AGM, if required.
  • Advice on statutory and financial governance issues.
  • Operating with HMRC rules on trading.

Instruct us to prepare your charity’s statutory accounts and we shall unburden you of the worry of correctly complying with the SORP. We shall also ensure that these accounts are prepared in sufficient time to be filed with the relevant Authorities by the statutory filing deadlines and for your AGM. When preparing these accounts, we shall be mindful of your beneficial tax status and we shall actively seek proven techniques to enable you to reclaim further tax.

Client Review

We have found Whiting & Partners to be thoroughly professional in all the financial matters associated with our charity. Their understanding of both company and charity regulations is beyond any form of reproach. They are part of a winning team, for which our Board of directors are very grateful.

Latest Blogs in Charities
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…

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Megan Turner
4th June 2020 Charity Commission: Reporting on matters of material significance

The Charity Commission released updated guidelines in April 2020 for auditors and independent examiners. This was based around the statutory duty to report to the charity regulators in the UK on matters of material significance.   The three main changes in this updated guidance are as follows: confirmation that difficulties in carrying out an audit…

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Megan Turner
6th April 2020 Coronavirus delaying filing your Charity Annual Return?

All charities must file their Annual Return with the Charity Commission every year.   The Charity Commission have released guidance regarding the current situation for anyone affected by coronavirus. If you are due to submit an annual return, but are unable to due to the virus, you must contact the Charity Commission before the filing…

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Jonathan Moore
5th September 2019 Gift Aid Guidance Update

HM Revenue & Customs have updated their Gift Aid for charities guidance.   In particular, the tables under sections titled The Benefit Rule, Charity Auctions and Educational School trips have been updated the latter of which will be of interest to charities involved in the running of schools and Educational Trusts.   The updated guidance…

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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…

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Jaimie King
19th November 2018 Charities small trading tax exemption to increase

During the Autumn Budget on 29th October 2019, it was announced that the small trading tax exemption limits for Charities is set to increase.   The exemptions apply to Charities who trade outside of their primary purpose. A Charity will not pay tax on trading profits that are a part of the Charity’s primary purpose…

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Jaimie King
9th November 2018 Gift aid small donations limit to rise

Following the budget on 29th October 2018, the Gift Aid Small Donations Scheme limit has been increased to donations of £30 or less from 6 April 2019. The scheme was introduced for Charities who accept small donations to still claim for Gift Aid despite not collecting the usual declaration paperwork from the donor. This has…

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Jaimie King
2nd November 2018 Profit distribution to charitable parent

It is common practice for a trading subsidiary company to pay their profits to their charitable parent as a donation under gift aid. This is tax efficient for the subsidiary company, as the profits that have been donated are treated as a donation expense and therefore there is no corporation tax due if paid within…

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Jaimie King
30th October 2018 Charity serious incident reporting

The Charity Commission is worried about the number of charities not reporting serious incidents or taking a long time to do so. This has perhaps become a concern since the Commission raised a statutory inquiry into Oxfam in February, following allegations of misconduct by staff in Haiti. It is a Charity’s trustee’s responsibility to ensure…

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Paul Tatum
29th August 2018 Beware the fraudsters

We are fortunate to have many worthy charities in and around our area all making a huge contribution to our community. When it comes to the fraudsters charities do not have any exemption, in fact quite the opposite, they are often seen as a soft touch.  The Charity Commission has just published ‘Tackling Charity Fraud’…

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