Latest Charities

Many people choose to donate to charity for a range of reasons, often influenced by personal experiences or the impact of someone they know. While tax benefits are rarely the primary motivation, there are several reliefs and considerations to keep in mind.   My recent article, for the Suffolk Community Foundation, highlights some of the…

The regulations which prescribe the required content in a Charity’s annual return were updated on 20 December and come into force for annual returns filed in relation to accounting year ends of 1 January 2025 and thereafter.   All charities registered with the Charity Commission must file an annual return, but the size of the…

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…