Accounts

Overview

The Charity Commission has a wide range of guidance documents which inform Trustees of their duties, and provide the background on how and why charity finances need to be managed in a particular way. Follow the links in the Useful Resources section on the right, to find some of this guidance.

 

More detailed/practical finance support

Know How Non Profit's website has a whole section dedicated to financial management, including links to other sources of information. NCVO has an extensive list of financial management resources, including some downloadable templates.

 

Guidance on producing Annual Accounts for charities

The Charity Commission provides guidance for charities and charity advisers on preparing Annual Returns and Trustees' Annual Reports and Accounts.

There are explanations of when charity accounts need to be scrutinised by an auditor and when by an independent examiner, and which accounting method is appropriate for you to use, dependent upon how much your charities income is. It also gives full details of the Charities SORP (Statement of Recommended Practice), and where it should be used.

 

Need more help?

If you want to talk face-to-face with an expert advisor, contact our Community Accountant, Julie Woodhouse on 020 8255 3335. To find out more about how Julie can help you, visit our Community Accountancy Project section.

Contact

Julie Woodhouse

Community Accountant

communityaccountant@kva.org.uk