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
Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.
Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...See More
Purnells - Licensed Insolvency Practitioners
As insolvency practitioners we also specialise in interpreting the legislation set out in The Insolvency Act 1986, The Insolvency (England and Wale...
Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More
KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More
.png)
MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More
.jpg)
Financial Claims Consultants
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients&...
HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
TKI Bookkeeping & Accounts
Hello and welcome to my site, I am qualified by the The Institute of Certified Bookkeepers and have attained highest level qualification, Level 4 Dipl...See More
SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More
DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More
Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More
Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More
QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More
.jpg)
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
The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More
Frequently asked questions
What should a charity look for when choosing an accountant in Budleigh Salterton?
When selecting an accountant for your charity, look for a professional with specific experience in the charitable sector. They should understand the Charity Commission’s reporting requirements, the SORP (Statement of Recommended Practice), and how to handle restricted funds. It is also beneficial to choose someone who is a member of a recognised body such as ACCA, ICAEW, or AAT. This ensures they adhere to high ethical and technical standards. A good charity accountant will also be proactive in advising on tax reliefs like Gift Aid and VAT recovery.
How can an accountant help with Gift Aid claims?
Gift Aid allows charities to reclaim basic rate tax on donations from UK taxpayers, increasing the value of each gift by 25%. An experienced accountant can help you ensure that all Gift Aid declarations are correctly obtained and recorded, and that your claims to HMRC are accurate and timely. They can also advise on the record-keeping required to support your claims and help you avoid common errors that could lead to penalties. This is a vital source of income for many charities.
What are the key differences between charity accounts and commercial accounts?
Charity accounts are prepared under the Charities SORP, which requires additional disclosures compared to commercial accounts. For example, you must show the movement of restricted and unrestricted funds separately, and provide a trustees’ annual report that explains the charity’s aims and achievements. An accountant who specialises in charities will be familiar with these requirements and can prepare accounts that meet the expectations of the Charity Commission and HMRC. They will also help you present your finances transparently to donors and the public.
Does my charity need to register with HMRC for VAT?
Charities must register for VAT if their taxable turnover exceeds the current VAT threshold, which is £90,000. However, even if your turnover is below this, you may wish to register voluntarily to reclaim VAT on certain purchases. An accountant can assess your specific situation and advise on the best course of action. They can also help you understand the special VAT rules that apply to charities, such as zero-rating for certain goods and services, and how to handle partial exemption if you make both taxable and exempt supplies.
Can an accountant help with the preparation of the annual return to the Charity Commission?
Yes, an accountant can assist with the preparation and submission of your charity’s annual return to the Charity Commission. This is a mandatory requirement for most registered charities, and it must be completed accurately and on time. The return includes financial information, such as income and expenditure, and details about your trustees. An experienced charity accountant will ensure that the information you provide is consistent with your annual accounts and that all necessary declarations are made. This helps avoid unnecessary queries or penalties.
What is the role of an accountant in preparing a charity’s annual accounts?
An accountant plays a crucial role in preparing your charity’s annual accounts, ensuring they comply with the Charities SORP and the Companies Act if your charity is also a company. They will review your financial records, prepare the statement of financial activities, the balance sheet, and the notes to the accounts. They will also help you draft the trustees’ annual report. If your charity’s income exceeds £25,000, an independent examination or audit may be required, and an accountant can carry out this function.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.