Latest Not For Profit

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  

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12th October 2020 What to do if your charity is facing financial difficulties?

In recent months many charities have found themselves in financial difficulties and an uncertainty of long-term survival, often caused by factors out of their control. Most notably the ongoing Covid-19 outbreak, which has had several knock-on effects such as a reduction in donation income or decreased operating capacity during the tightened lockdown rules. Other external…

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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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23rd February 2018 Charities to promote diversity

  In November 2017, the government posted research into awareness and effectiveness of trusteeship in England and Wales. This recommended that charities should do more to promote diversity on their boards. This would involve encouraging applications from women, young people and people from ethnic minority and socially diverse backgrounds. Some of the key findings of…

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4th January 2018 Charity annual returns due

  Charities with the financial year end of 31 March 2017 must submit their annual return by 31 January 2018, 10 months after the year end. What you need to submit varies based on whether it is an un-incorporated organisation or a charitable company. It also varies based on income of the charity – requiring…

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5th December 2017 Charity Accounts: New Independent Examination Rules

  For many years now, many mid-sized UK charities have been required to subject their annual statutory accounts to independent examination. For such charities, with income within the range of £25,000 to £1m and gross assets of less than £3.26m, an independent examination is a lighter touch of independent scrutiny than a full audit. As…

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9th August 2017 Charities bound by new Fundraising Preference Service

  A new service is now available for individuals who want to limit the contact they receive from charities. The Fundraising Preference Service (FPS) should give individuals greater control over how and when charities can contact them. The FPS, which launched on 6 July, allows individuals to select charities that they no longer want to…

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25th April 2017 Charity accounts do not meet the required standard

A significant number of charity accounts fail to explain how the charity is meeting its objectives, while many do not meet basic standards for users, particularly in the very smallest charities, according to research from the Charity Commission.   Of a recent sample, 54% of charities did not meet the public benefit reporting requirement. Some…

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6th February 2017 Charities

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…

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21st March 2016 Not For Profit Funding

Community Business Fund Grants: Apply now. If you operate a community business or a trading not for profits organisation then there are grants being awarded between £50k – £300k to support and develop these activities.  Applications for grant funding opens on 26h April 2016 and you can register your interest from 5th April 2016. See the…

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