
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

Mind Your Assets Accounts
Mind Your Assets Accounts is based in Sheffield, South Yorkshire, with offices also in Manchester and London. We have over 20 years accountancy expe...See More

Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...See More

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

MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...See More
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions
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Norbury Bookkeeping Services
We offer a complete bookkeeping and computerized payroll service throughout Cheshire and South Manchester and are able to offer support for all financ...See More

Clarity Accountants
We work closely with our clients and act for a broad range of business and personal clients. Apart from the more general accountancy services we can a...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
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More

GORILLA ACCOUNTING LIMITED
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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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Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More

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

BROOKSON LIMITED
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Additions Accountancy
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Frequently asked questions
What qualifications should I look for in an accountant for my charity?
You should look for an accountant who is qualified with a recognised professional body such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has the necessary expertise and adheres to strict ethical standards. Additionally, they should have experience with charity accounting, including knowledge of the Charities SORP and specific HMRC regulations that apply to charitable organisations.
How can an accountant help with Gift Aid claims?
An accountant can help you manage Gift Aid claims accurately and efficiently. They will ensure that you have the correct declarations from donors, calculate the amount reclaimable from HMRC, and submit the necessary paperwork. They can also advise on best practices for record-keeping to maximise your claims and ensure compliance with HMRC rules, avoiding potential errors or penalties.
What are the specific tax obligations for charities?
Charities have specific tax obligations, including Corporation Tax on trading income and some investment income, although many are exempt. They must also comply with VAT rules, which can be complex for charities. An accountant can help you understand your obligations, complete tax returns, and ensure you take advantage of any reliefs or exemptions you are entitled to, keeping you compliant with HMRC.
Why is the Charities SORP important for my charity's accounts?
The Charities SORP (Statement of Recommended Practice) sets out the required format and content of charity accounts. Following it ensures your accounts are transparent and comparable, which is essential for building trust with donors and regulators. An experienced accountant will prepare your accounts in line with the SORP, making sure that restricted funds are properly disclosed and that your annual report meets all legal requirements.
Can an accountant assist with the independent examination of my charity's accounts?
Yes, many qualified accountants are eligible to perform an independent examination of charity accounts, which is a legal requirement for many smaller charities. They will review your financial records and provide a report to your trustees. This process helps ensure accuracy and compliance, and it provides assurance to stakeholders. Your accountant can also advise on whether you need a full audit instead, depending on your charity's income and structure.
How often should my charity review its financial procedures with an accountant?
It is advisable to review your financial procedures at least once a year, ideally before your year-end. Regular reviews help identify any weaknesses in your internal controls and ensure your accounting systems are efficient. An accountant can also provide ongoing advice throughout the year, helping you with budgeting, cash flow forecasting, and planning for future projects. This proactive approach supports your charity's financial health and long-term sustainability.
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