
ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More

Pharmatax
Pharmatax is a leading specialist in pharmacy accounting, offering tailored services that go beyond traditional bookkeeping. O...See More

Capital Accountancy - Accountants & Tax Advisors
WE at CAPITAL ACCOUNTANCY specialises in helping small-to-medium sized businesses, sole traders, contractors and landlords. We make sure you pay the r...See More

Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More

Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...

Naseems Accountants
Established in 1978, Naseems Accountants is a small but growing business with our clients doubled over the last decade. We honor ourselves in ou...See More
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Raven Solution
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AMSTOR ACCOUNTANTS LIMITED
Amstor Accountants Limited T/A Premier Accountants, Auditors and Tax Advisers want to help you pay less tax and keep more of the profit your business ...See More
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FLEXIE ACCOUNTANTS LTD
Flexie Accountants is a reputable accounting firm, providing accounting, finance and tax services to sole traders, partnership and Limited companies. ...See More

T.Y.E BOOKKEEPING LTD
For all your bookkeeping needs from self assessments, VAT returns, EC Sales List, general bookkeeping for sole traders or small businesses. I work on ...See More

Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...See More

Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More

MRC Accounting Services
Providing accounting services and solutions

Business Partners Accountants & Bookkeepers
An accounting firm for all your accounting and bookkeeping needs Business Partners Accountants & Bookkeepers is a reputable accounting firm serving so...See More

ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...See More
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions

SAFEBOOKS4U BOOKKEEPING SERVICES
For all Your Bookkeeping Needs Safebooks4u specializes in a variety of bookkeeping services with outstanding support. We understand how busy you are,...See More
Frequently asked questions
What specific services do accountants for charities provide?
Accountants for charities provide services such as preparing annual accounts under the Charities SORP, managing Gift Aid claims, handling payroll for charity employees, preparing VAT returns, and ensuring compliance with HMRC regulations. They also assist with independent examinations, audits, and strategic financial planning to support the charity's objectives.
How do I know if my charity needs an independent examination or a full audit?
The requirement for an independent examination or a full audit depends on your charity's gross income and assets. Charities with an income above £25,000 require an independent examination, while those with income over £1 million or gross assets over £3.1 million may need a statutory audit. A qualified accountant can assess your specific situation and advise accordingly.
Can an accountant help my charity with Gift Aid claims?
Yes, an accountant specialising in charities can help you maximise Gift Aid claims by ensuring that all eligible donations are correctly recorded and that declarations are in place. They can also manage the administrative process with HMRC, helping you recover basic rate tax on donations and ensuring compliance with Gift Aid rules.
What qualifications should I look for in a charity accountant?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications ensure that the accountant has undergone rigorous training and adheres to ethical standards. Additionally, experience with charity accounting, including knowledge of the Charities SORP and HMRC regulations, is essential for effective financial management.
How often should my charity file financial reports with HMRC?
Charities must file an annual return with HMRC, which includes details of income, expenditure, and any tax liabilities. Additionally, you may need to submit quarterly VAT returns if your charity is VAT-registered. A professional accountant can ensure that all returns are filed accurately and on time, avoiding penalties and interest charges.
What is the difference between a restricted fund and an unrestricted fund?
Restricted funds are donations or grants that must be used for a specific purpose as directed by the donor, while unrestricted funds can be used at the charity's discretion for its general objectives. An accountant will help you track and report these funds separately to ensure compliance with legal requirements and donor expectations.
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