Surely as part of the charity and not for profit sector you should be able to keep your accounts and tax affairs simple? Wouldn’t your time be better spent on the important things like fundraising and helping your beneficiaries? We can help make this happen.
Our Charity and Not for Profit department knows how charities work and which legal and regulatory requirements you have to follow, whether you are governed by company legislation or by your charitable trust deed.
We can help you to prepare your year end accounts in the way that the Statement of Recommended Practice for Charities (“the Charity SORP”) which is the Charity Commission approved standard for preparing accounts.
Your year end accounts have to include a “Trustees Report” or a “Trustees Annual Report” which should be prepared by the Trustees themselves. We can help you to draft this so that it includes all of the information needed by law, as well as qualitative information which funders and beneficiaries cannot get by looking a the numbers alone.
Our aim when preparing your accounts is always to give you a useful document that you can use as a tool to promote your charity at the same time as meeting your legal requirements and responsibilities as trustees.
As charities are in a position of trust, their accounts usually have to be scrutinised by an independent person. We can help you decide what you need and then undertake it, whether it is an Independent Examination or a full audit.
We can help you through the minefield of obtain charity registration with the Charity Commission, or if you are considering restructuring your charity we can advise on what practical issues you need to consider and conduct due diligence on your behalf.
The general public often thinks that all charities are exempt from all taxes. Unfortunately, this is not true. We can help you to structure your activities in a way that keeps your exemption from corporation tax, and we can also to try to help you work through the minefield of VAT issues that charities often face.
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For more information about how we can help our organisation, contact Faye Armstrong. |