
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
HUBBLE ACCOUNTANCY LTD
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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

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

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
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
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...
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

Financial Claims Consultants
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients&...

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

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
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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

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

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

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

Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.

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
Frequently asked questions
What specific services do accountants for charities provide?
Accountants for charities provide a range of services including preparation of annual accounts, independent examinations, audits, and tax compliance. They assist with Gift Aid claims, VAT reporting, Corporation Tax for trading activities, and payroll for staff. They also help with financial management, budgeting, and ensuring that restricted funds are correctly accounted for, giving trustees confidence in their financial reporting.
How can an ACCA or ICAEW qualified accountant benefit my charity?
An ACCA or ICAEW qualified accountant brings rigorous technical knowledge and ethical standards to your charity. They are trained to handle complex financial regulations, including those specific to non-profit organisations. Their expertise ensures accurate reporting, effective internal controls, and strategic financial planning. This helps protect your charity's assets and reputation, while also ensuring compliance with all relevant legal and regulatory requirements.
What should I look for when choosing an accountant for my charity?
When choosing an accountant, look for someone with specific experience in the charitable sector. Check their professional qualifications, such as ACCA, ICAEW, or AAT membership. Ask about their familiarity with the Charity Commission’s Statement of Recommended Practice (SORP), and whether they can handle your charity's size and complexity. Also consider their approach to communication and whether they offer proactive advice on tax and compliance matters.
Are there any tax advantages for charities that an accountant can help with?
Yes, charities are entitled to various tax reliefs, including exemption from most UK taxes on income and gains, provided they are used for charitable purposes. Accountants can help you claim Gift Aid on donations, which adds significant value to your income. They can also advise on VAT reliefs, business rates relief, and the correct treatment of trading income to ensure you maximise your tax efficiencies while staying fully compliant with HMRC.
How often should my charity review its financial arrangements with an accountant?
It is advisable to review your financial arrangements with your accountant at least annually, ideally before the start of your financial year. This allows you to plan for any changes in regulations, assess your accounting systems, and ensure your budget aligns with your strategic goals. Regular communication throughout the year, such as quarterly meetings, can also help you stay on top of cash flow and any emerging financial issues.
Can an accountant help my charity with an independent examination or audit?
Yes, many accountants are qualified to conduct independent examinations for smaller charities, while those with specific audit qualifications can perform full audits if required. They will assess your financial statements, review internal controls, and provide an opinion on whether the accounts give a true and fair view. This is essential for meeting legal requirements and for maintaining donor confidence in your charity's governance.
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