UK Finance have released a helpful guide to banking for voluntary organisations, and the ICAEW have commented. We also recommend the ICAEW’s webinar covering the various legal forms of charities and other socially-motivated organisations.
Good Cause Fund 2024
This year, we have donated 1.5% of our wage bill, which equals £10,000, to local, national and international causes nominated by co-op members. Each of the following organisations received £1,000: Megan nominated FoodCycle, who provide nutritious meals for unhoused people and anyone living in food poverty using excess ingredients from local supermarkets, along with good company for anyone experiencing loneliness. …
Opportunities at Third Sector Accountancy Limited
We are a unique firm of chartered accountants and registered auditors organised as a workers co-operative. Although we only started in April 2017 we are growing very fast and there may be opportunities to be involved. We would be particularly interested to hear from you if you are already a qualified accountant (ACA or ACCA), but the most important qualification …
How to prepare Charity Accounts
We have had over a year of the new SORP now so mist charities should already have prepared accounts under the new regime. In case you missed it, the Charity Commission published a guidance sheet on implementation issues earlier this year, which contains advice on common quandaries encountered. The sheet is advisory only. The new disclosure of funds received as …
Charity Governance Code
The good governance code was updated earlier in the year. It is not too long, is well written and readable and is a really practical guide on how to do a good job as a charity trustee. It has been developed by a group representing various different national charity organisations and is free to access. https://www.charitygovernancecode.org/en