Charities Team

We have a dedicated team of people who deal with charities, not-for-profit organisations and academy schools.

Approval as a charity is quite rightly highly regulated due to the position of trust that charities are in and the position that they occupy in society. Financial regulations are there to ensure accountability and transparency.

However, it can often be a challenge for charitable organisations to keep fully up to date with regulations and ensure compliance as they will often rely on the input of Trustees who give their time freely and have to balance this with other commitments.

We are able to assist the Trustees in fulfilling their duties. By appointing Francis Clark with Winter Rule, trustees can take comfort that they have a team of specialists on their side. We can provide assurance by preparing the annual accounts in the appropriate format, conducting the required level of external review, whether a simple independent examination or a full audit, and by being there to advise on adhoc issues as they occur.

We understand that “not for profit” does not mean that organisations should not be run in a businesslike and professional manner. As part of our work we provide feedback on key areas of performance including matters of internal control and financial governance.

Over the years we have found that due to the way charities generate their income and the complex rules surrounding VAT recovery, that this is an area in which advice is often needed. We are experienced in providing advice on major capital projects, the impact of new ventures and indeed ongoing VAT compliance matters.

As regards direct taxation, whilst there are broad exemptions for the sector these can be lost in full or part as a result of changes in income streams and again we are able to advise our clients in this area.

Whatever the size or nature of your not for profit organisation we have the skills and expertise to assist you.

To download the latest edition of Charities News click here