Why Use Specialist Charity Accountants?
The charity and social enterprise sectors are rapidly changing landscapes bound by more regulatory and compliance requirements than most. It is incredibly easy to fall foul of these requirements, and funders and the regulators are increasingly focused on compliance, as “public trust” underpins the value of the sector. We fully understand the balance between the complex and regulatory accounting needs of your organisation and your need to ensure your sustainability, without changing your ethos or values.
Our accountants for charities take pride in their ability to provide you with a service that not only ensures that you stay “the right side of the line” but also helps your charity grow and develop. Many of our team are themselves, Trustees, meaning that they understand the importance of jargon-free, forward-thinking communication and support. For many of our clients, we are a “trusted friend”, providing not just statutory services but also governance advice, reviews of systems and processes, and acting as a sounding board for your management and trustees. Developed from your requirements, our specialist charity accountancy services include:
- Statutory accounts preparation compliant with Charities Act, Charities SORP and other applicable legislation.
- Audit and independent examination
- Systems and governance reviews to ensure that you are doing things in the most efficient way you can, to free up time for you to help your beneficiaries.
- Setting up a new organisation considering regulatory, taxation, and governance issues
- Charity taxation, including VAT, maximising income through gift aid and charitable trading
- Core cost recovery to help you gain the most from your grants and contracts.
- Management reporting including board and grant reporting
If your think your charity or not-for-profit organisation would benefit from our charity accountants, please do not hesitate to contact us.