Latest Charities

Do you know whether Charities should report their cash flows? In this post we cover which charities are required to include a cash flow statement and the benefits of reporting cash flows.   Charities, like many other organisations, need to ensure transparency and accountability in their financial reporting. Per the Charities Statement Of Recommended Practice…

Do you know how to protect your charity from cyber crime?   Cyber crime is becoming more frequent in all aspects of life, due to the increased use of technology.   As a Trustee, it is part of your role to ensure that the Charity’s funds are protected, and the resources are managed responsibly.  …

Many people decide to become a trustee to be able to give back to their communities. It is an exciting opportunity to benefit society and make a difference.   Trustees give their time, skills and experience to a good cause. They can also learn new and useful skills in their role too.   Charities in…

It’s Trustees’ Week! The time of year when we celebrate the amazing contribution made by trustees’ for their charities and recognise the difference they make.   You can find out about this week’s range of events and access free guidance and resources at www.trusteesweek.org   At Whitings LLP we are proud to support many trustees…

Charity regulator The Charities Commission has published research showing that public trust in charities across England and Wales has reached a ten-year high.   According to the research, the two most important things the public are interested in when it comes to charities are: Where the charity spends spend their money; and That the charity…

Are you confused about charity reporting?   We understand, as charity reporting can be confusing due to the varying thresholds for different reporting requirements. Our infographic tool below is a useful visualisation of the various requirements of charities, all depending on the level of gross income in any given year.   Charites working with us…

Having a strong relationship with a bank is crucial for many Charities that depend on the robust controls and support that a bank can provide. In recent years Charities have found it more difficult to open bank accounts particularly with the UK main high street banks, which has added to stresses that Trustees face along…

Trustees’ Week 2023 At Whitings LLP we have many trustee contacts that play such a vital role in the charities we act for.   Charities have a huge impact on society and we act for many that dedicate their time and services to a variety of good causes.   As part of Trustees’ Week we…

The Charity Commission has a new process for submitting annual returns and filing amendments.   To access online services, each charity is required to register a ‘My Charity Commission Account’. Please note that your previous charity login details will no longer be valid.   Registration can be initiated by a telephone request 0300 066 9197…

The Charity Commission has launched a consultation regarding changes to the annual return.   There are a number of new questions, taking the total questions from 36 to 52, although only 32 will be compulsory. The aim of the new questions is to make the annual return more comprehensive, by gaining information around charity’s income…