Not For Profit

Not for Profits require specialist advisors who understand how they are governed, how they operate, and the unique aspects of various Not for Profit (NFP) accounting and reporting.

Our approach focuses on understanding your organisation so that we can tailor our work to your needs and your preferred level of support. We offer clients a strong working relationship, through dedicated teams who understand your organisation and as such can offer wider, ad hoc support over and above standard compliance services.

We have established specialist teams of Not for Profit accountant expertise, who act for a range for NFP entities and legal structures, including:

• Charities (including unincorporated charities, charitable companies limited by guarantee and CIOs)
• Clubs (including unincorporated associations/trusts, FCA registered Industrial & Provident Society limited liability companies or community interest companies CICs)
• Pension schemes

The administration, governance and accounting requirements of such organisations is set out in the relevant legislation, accounting SORPs and internal constitutions.

We act for clients in various sectors, including:

• Registered social landlords,
• Education,
• Societies operating in a variety of business interests,
• Local and national charities,
• Hospital charities,
• Theatre,
• Religious organisations,
• Medical charities,
• Pre-school playgroups,
• Charities which own and maintain a protected asset, including investment portfolios and property,
• And numerous good cause small local charities, set up for a specific purpose.

Our services

Compliance Services

We know that managing compliance can be a burden, but can also be complex, and having a specialist to work with can provide peace of mind.

Typical compliance services we provide include:

• • Preparation and submission of compliant annual accounts
  • Preparation and submission of corporation tax returns, where required
  • Assurance on the accounts, where needed (independent examinations and audits)

Outsources Services

Having the resource in house can be a challenge and so we offer a number of outsourced services to our Not for Profit clients to assist them with the day-to-day financial work, so that they can spend more time running the organisation.

Typical outsourced services we provide include:

• • Payroll
  • Gift Aid tax reclaims
  • Bookkeeping, using compliant Cloud software
  • Management accounting
  • VAT returns, including partial exemption

Advisory Services

We know that running a Not for Profit is not always straightforward, and that situations may arise that require professional advice or simply needing someone to discuss a problem with. We are here to assist with ad hoc queries and special projects.

Typical advisory services we provide include:

• • Advice on operating structure
  • Advice on HMRC’s trading rules
  • Attendance at your AGM, presenting the accounts, advising on specialist matters
  • Advice on statutory and financial governance issues

Why Choose Us?

• We know Not for Profits, and our specialist teams have specific knowledge of the relevant legislation and reviewing your internal constitution, and are familiar with the quirks of Not for Profit matters
• We understand the challenges and tight resources of running an organisation and are mindful to work with you efficiently
• We know you may not be working full time on your organisations matters, so will work with you to agree dates for our work and any information we may need, allowing you to plan ahead
• We aim to agree a fee in advance, and will discuss with you if there are likely to be any changes to this as our work progresses

We offer a free initial consultation to potential new clients.

Get In Touch

Get in touch with your local office and speak to one of our specialist advisers about our services for Not for Profits.