Managing charity assets
Capitalising and maintaining assets within a charity helps to enable the business flourish it’s charitable purposes. Where charities are legally bound to provide accounts, a balance sheet must be included.
Changes to Spring 2017 budget
There are a number of changes that have been listed in the budget announced recently. One of those changes was the increase in Class 4 National Insurance from April 2018.
Charities: have you chosen which SORP to follow?
The Charity Commission has published two new SORPs, which take effect for financial years beginning 1 January 2015, and issued two worked examples.
Planning your year ahead
It is important to plan ahead for your personal and business objectives; Just like planning a holiday! This article will discuss a few areas to consider whilst undertaking this exercise.
New SORPs Published
A SORP is a Statement of Recommended Practice. SORPs provide recommendations for accounting and reporting, in particular, how accounting standards should be applied in the context of particular sectors.
