Not-for-profit organizations and charities

Running a charity or not-for-profit organisation carries with it a lot of responsibility and important obligations, from its day-to-day running through to the maximisation of fundraising efforts.

All the while charity leaders must ensure they remain compliant with the complex regulatory regimes that dictate charity finances and management.

That is why organisations must work alongside trusted advisers who understand the accountancy, audit and tax requirements of the third sector and can alleviate much of the stress of running a charity or not-for-profit organisation – allowing it to operate as efficiently and cost-effectively as possible.

Our charities and not-for-profit specialists have years of experience supporting a wide range of organisations, including housing associations, with their affairs.

Our services include:

• advice on charity structures
• advice on cost-effective financial systems and controls
• advice on managing reserves
• compliance with regulatory requirements
• payroll support, including advice on benefits in kind, redundancy and pensions
• preparing accounts compliant with the latest Charities’ Statement of Recommended Practices (SORP) and other relevant legislation
• preparing accounts for friendly, industrial and provident societies (FIPs), working men’s clubs, credit unions and other mutual societies regulated by the Financial Conduct Authority
• support with trading activities and the setting up and management of subsidiaries
• tax and VAT compliance and advice
• Strategic support and advice and assistance with budgeting and cash flow.