Megan Turner (Bury St Edmunds)

Megan joined Whitings LLP as part of the Corporate & Audit team in April 2019, after five years working in industry. Megan is AAT qualified and is currently studying towards her ACCA qualification, which she hopes to achieve in 2022. Outside work, Megan enjoys cooking, reading and yoga, as well as socialising with friends and family.
My Latest Blogs
2nd November 2021 Trustees’ Week – What is a trustee?

  Charity law (the Charities Act 2011) describes charity trustees as ‘the persons having the general control and management of the administration of a charity’.   All properly appointed members of a charity are trustees in law, regardless of the title they have received. All trustees share equal responsibility for the charity and must always…

1st November 2021 Trustees’ Week – 1st to 5th November 2021

This week is Trustees’ Week, an annual event to showcase the work that is carried out by trustees and to spread the word in order to get more people involved.   2021 is the 11th year of Trustees’ Week, with over one million trustees in the UK to celebrate and show appreciation for. Another purpose…

16th August 2021 Does my group need to prepare consolidated accounts?

Under the Companies Act 2006 and the Financial Reporting Standard FRS 102, a group of companies must produce consolidated financial statements. This means that the financial statements for each of the members of the group are combined into one set, as if it was one entity.   If the group classifies as a small, then…

5th July 2021 Charity annual returns

The charity annual return service is now available for 2021 and can be found on the link below. https://apps.charitycommission.gov.uk/   Charities need to submit their annual return within 10 months of the financial year end.   Dependant on the level of income, the annual return has different requirements; Income under £10,000 It is only the…

24th June 2020 Disclosures required for government grants

Government grants are much more common recently, due to the various aid offered during the Coronavirus pandemic. Beforehand, only a small proportion of companies would have received a grant from the government, but it is now expected that most companies will have some sort of grant included in their 2020 accounts.   What wording is…

4th June 2020 Charity Commission: Reporting on matters of material significance

The Charity Commission released updated guidelines in April 2020 for auditors and independent examiners. This was based around the statutory duty to report to the charity regulators in the UK on matters of material significance.   The three main changes in this updated guidance are as follows: confirmation that difficulties in carrying out an audit…

6th April 2020 Coronavirus delaying filing your Charity Annual Return?

All charities must file their Annual Return with the Charity Commission every year.   The Charity Commission have released guidance regarding the current situation for anyone affected by coronavirus. If you are due to submit an annual return, but are unable to due to the virus, you must contact the Charity Commission before the filing…