Accounts & Finance
The Charity Finance Group in collaboration with the British Bankers' Association have produced a Banking for Charities guide aimed at those who manage the financial affairs of a charity. It is free to download.
This guide explains the changes made to SORP 2015, and how small charities will be affected. SORP, a Statement of Recommended Practice, provides a comprehensive framework for charity accounting and reporting.
The Charity Commission and Office of the Scottish Charity Regulator have launched a new website explaining how to choose the correct SORP for your charity, and tailor your SORP to reflect your charity's structure and activities.
This help-sheet explains the differences between the Charities SORP for the Financial Standard for Smaller Entities – FRSSE, and the Charities SORP for the Financial Reporting Standard applicable in the UK and Republic of Ireland - FRS 102 SORP.
The Charity Finance Group and partners have produced a Charity Fraud guide for small charities. It is based on good practice guidance from the Charity Commission, Fraud Advisory Panel and National Fraud Authority. Contact us for hard copies.
This guide provides employers with helpful advice on taxation of their employees and volunteers. It covers a variety of topics including employee benefits and expenses, termination payments and national insurance contributions.
CFG has produced a guide to help charities understand the complex world of pensions. Topics include auto-enrolment and the next steps charities need to take, as well as explaining recent pension reforms.
This notice explains what a charity is, how VAT affects charities, how a charity’s income is treated for VAT purposes, and what VAT reliefs a charity can obtain on its purchases whether or not it is registered for VAT.
Strong financial management is not only a legal governance requirement; it is also vital to attracting funds and maximising a charity’s impact. Making It Count is a report on financial management of charities produced by SCC and CFG.
This briefing paper aims to help trustees become more confident at making key decisions regarding their charities finances. It examines major sector trends and gives top tips for questions trustees should be asking.
Guides and templates for small charities that do not need to prepare accrual accounts. Particularly useful if your charity does not have the resources to employ the services of a professional accountant to prepare annual accounts.
The Community Accounting Network (part of CFG) community accountants provide smaller charities with help and support to manage their finances – everything from payroll to bookkeeping, from financial planning to annual accounts.
Cranfield Trust provides a free management consultancy service focused on financial management, strategic development, marketing and HR advice. The support is well-structured and generally lasts 3-5 months.
Bookkeeping, payroll & other accountancy & advice services offered to small charities across the UK to assist them with a well-qualified and experienced team providing a personal & professional service.
Online financial solution including integrated: bookkeeping; funds and activities; payroll/P11D; donor ledger and Gift Aid. Produce your SoFA with the click of a button. Suitable for small to medium sized charities.
DSC offers a range of publications and training opportunities designed specifically for charities. Topics include good financial management, effective cost saving measures and improving your financial understanding and reporting.
The Fraud Advisory Panel provides advice and guidance for charities and donors on how to prevent, detect and respond to fraud. It also provides links to organisations that can help with specific issues.
Know-How Non-Profit hosts a range of free resources on finance & accounting topics, as well as 'how to' guides written and rated by users. They also produce cheap e-learning units and a collaborative learning space.