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J C Accounting Ltd
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Virtue Accountants Ltd

LeeP Accountants Registered in England & Wales
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Bird & Co
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Figures (UK) Accountancy Services
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Argents Chartered Accountants
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Additions Accountancy
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Ashden Accountants
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John Lavender accounting ltd
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GO 2 Girl Limited
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TAA CONSULTANTS LTD
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Msi Accountancy Services
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Zak Partnership
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KUBED SOLUTIONS LIMITED
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FLEXIE ACCOUNTANTS LTD
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Frequently asked questions
What qualifications should I look for in an accountant for my charity?
Look for an accountant who is a member of a recognised professional body such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has the necessary training and expertise to handle charity finances, including SORP compliance and HMRC regulations. Always check their experience with charitable organisations.
How can a charity accountant help with HMRC compliance?
A charity accountant can assist with Gift Aid claims, VAT returns, and Corporation Tax filings. They ensure your charity meets all HMRC reporting deadlines and takes advantage of available reliefs. They also help with payroll and record-keeping, reducing the risk of penalties and keeping your charity compliant.
What is the difference between an accountant and a bookkeeper for a charity?
A bookkeeper typically handles day-to-day financial transactions and record-keeping, while an accountant provides higher-level services such as preparing statutory accounts, tax returns, and financial advice. For a charity, an accountant is often needed to ensure compliance with the SORP and to liaise with HMRC on tax matters.
Can an accountant help my charity with Gift Aid claims?
Yes, an experienced charity accountant can help you maximise Gift Aid claims by ensuring that donations are correctly recorded and that you have the necessary declarations from donors. They can also help you complete the required HMRC paperwork and manage any compliance issues that arise.
How often should my charity have its accounts reviewed by an accountant?
The frequency depends on the size and structure of your charity. Many charities have an annual audit or independent examination, which an accountant can perform. Even if not required, an annual review of your finances by a qualified accountant can help identify issues early and improve financial controls.
What should I consider when choosing an accountant for my charity?
Consider the accountant's experience with charities, their professional qualifications, and their familiarity with the specific regulations that apply to your organisation. It is also important to assess their communication style and whether they offer the services you need, such as payroll or tax planning. Check client reviews and compare fees.
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