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Charities Accounting Services
Charities have a statutory obligation to prepare accounts which comply with the Charity Commission, the Companies Act 2006 and the Statement of Recommended Practice: Accounting and Reporting by Charities. The statutory accounts must be filed with the Office of the Charity Commission, together with an Annual / Monitoring Return within 9 months of the charity's year end. All charities must have these accounts either audited or independently examined.
Charities considering new opportunities and seeking funding for new developments often find that they need a robust business plan and projections to support their funding requests.
Charity trustees need to ensure that their organisation has good governance procedures in place and that trustees and the charity staff receive adequate training to understand the financial and governance issues being faced.
Our experienced team can support charities with all aspects of these issues, specifically; our team can provide assistance in the following areas:
> Preparing management accounts.
> Preparing annual accounts to comply with the Charities Act 2006,
Charities, depending upon the legal structure and size of the charity
> Advising on the form and content of Trustees Annual Reports.
> Independent Examination for those charities eligible for exemption from audit.
Governance and training
> Advising on strategy, performance reporting and corporate governance.
> Facilitating strategic reviews undertaken by the Boards of Charities.
> Advising on the development of corporate governance procedures.
> Providing tailored training to meet the needs of finance personnel, trustees and directors
Business planning and forecasting
> Preparation of business plans and projections.
> Assistance with fundraising.