
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

Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.

MJF ACCOUNTANCY LIMITED

NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...See More

Holden Associates
Holden Associates are a family run business founded in 2002, we are located at V12, Merlin Park, a modern purpose-built office in Burscough, Lancashir...See More

J. Jervis Accounting Services LTD

THE FINANCIAL MANAGEMENT CENTRE UK LTD
Online firm

TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...See More

C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken

GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More

BROOKSON LIMITED
Why Brookson? There are plenty of reasons. We’re specialists at dealing with self-employed finances, and have been doing this for over 20 years, so we...See More

LLOYDS ACCOUNTANTS LTD
We offer accounts, taxation and business advisory and support services to a wide range of businesses and individuals, nationwide. We continue to build...See More
ACCOUNTS 2U LIMITED
Our director, Howard Turner MAAT ATT, qualified as an accounting and taxation technician in 1995 after training with chartered accountants in Cheshire...See More

PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More

Athena Bookkeeping Services
Athena Accounting and Bookkeeping Services. ?Let us take good care of your finances giving you more time to focus on the day to day running of your bu...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More
Sambhav Management Limited
Since 2012, we’ve offered clients the tools, resources and guidance necessary for all their accounting needs. Clients receive the personalized attenti...See More
Frequently asked questions
What qualifications should an accountant for charities hold?
An accountant for charities should ideally be qualified with a recognised body such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has the necessary technical knowledge and ethical standards to handle charity finances. They should also have experience with the Charities Statement of Recommended Practice and understand the specific reporting requirements for non-profit organisations.
How can an accountant help with HMRC compliance for a charity?
An accountant can assist with HMRC compliance by preparing accurate tax returns, managing VAT obligations, and ensuring that any taxable activities are correctly reported. They can also advise on Gift Aid claims and help with payroll for charity staff. Their expertise ensures that your charity meets all legal deadlines and avoids penalties.
What is the difference between an accountant and a bookkeeper for a charity?
A bookkeeper typically records daily financial transactions, such as income and expenditure, and may manage ledgers. An accountant provides higher-level services, including preparing financial statements, conducting audits, and offering strategic tax planning. For charities, an accountant will also ensure compliance with charity law and accounting standards, which goes beyond basic bookkeeping tasks.
How often should a charity review its financial accounts with an accountant?
It is advisable to review financial accounts with your accountant at least quarterly, but many charities benefit from monthly meetings. Regular reviews help you monitor cash flow, track restricted funds, and identify any potential issues early. An annual review is essential for preparing the year-end accounts and fulfilling statutory reporting duties.
Can an accountant help with Gift Aid claims for a charity?
Yes, an accountant can help with Gift Aid claims by ensuring that all eligible donations are correctly recorded and that the necessary declarations are in place. They can calculate the amount of Gift Aid your charity can claim and submit the claim to HMRC. This can significantly increase your charity's income without additional fundraising effort.
What should a charity look for when comparing accountants?
When comparing accountants, look for those with specific experience in the charitable sector, relevant qualifications, and a clear understanding of Charity Commission requirements. Check their fee structure and whether they offer a fixed price for annual accounts. It is also important to consider their availability and whether they provide proactive advice on tax planning and financial management.
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