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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

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

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

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...
Modus Accountants Limited
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MRC Accounting Services
Providing accounting services and solutions

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

Naseems Accountants
Established in 1978, Naseems Accountants is a small but growing business with our clients doubled over the last decade. We honor ourselves in ou...See More
AMSTOR ACCOUNTANTS LIMITED
Amstor Accountants Limited T/A Premier Accountants, Auditors and Tax Advisers want to help you pay less tax and keep more of the profit your business ...See More
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Raven Solution
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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

Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.
Frequently asked questions
What specific services do charity accountants provide?
Charity accountants offer a range of services including preparation of annual accounts, independent examinations, and audits where required. They also assist with tax compliance, such as completing Corporation Tax returns and managing Gift Aid claims. Additionally, they provide strategic financial advice, help with budgeting, and ensure that your charity meets all regulatory reporting deadlines. Their expertise allows trustees to focus on governance and service delivery.
How do I choose between an ACCA and an ICAEW qualified accountant?
Both ACCA and ICAEW qualifications indicate a high level of professional competence and ethical standards. Your choice may depend on the size of your charity and its specific needs. ICAEW members often have extensive experience with larger organisations, whilst ACCA professionals are known for their broad commercial awareness. It is advisable to review their experience with charitable clients and ask for references before making a decision.
Why is it important for a charity accountant to understand HMRC regulations?
HMRC regulations for charities are complex and frequently updated. An accountant who understands these rules can ensure your charity claims all available tax reliefs, such as Gift Aid, and remains compliant with reporting requirements. They can also advise on VAT thresholds and exemptions, helping you avoid penalties. This knowledge is crucial for maintaining your charity's financial health and public trust.
What is the role of an independent examination for a charity?
An independent examination is a lighter-touch review of a charity's accounts, required for most charities with an income over a certain threshold. It is conducted by an independent person with suitable qualifications, often an accountant. The examiner checks that the accounts comply with the Charities SORP and that there are no material errors or concerns. This process provides assurance to donors and regulators without the full cost of an audit.
How can a charity accountant help with VAT and Corporation Tax?
Charities may be liable for Corporation Tax on trading income and must manage VAT carefully, as many services are exempt or zero-rated. A specialist accountant can help you register for VAT if necessary, complete accurate returns, and claim refunds on eligible purchases. They will also ensure your charity pays no more Corporation Tax than required by utilising available reliefs and exemptions.
What should trustees look for when reviewing a charity's financial records?
Trustees should ensure that financial records are accurate, up to date, and reflect all income and expenditure. They should review the annual accounts and compare them with budgets to identify any variances. It is also important to check that restricted funds are used only for their intended purposes. Regular financial reviews help trustees fulfil their legal duties and maintain transparency with stakeholders.
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