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TKI Bookkeeping & Accounts
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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.

Kings Oak Accountancy
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Bell Stanley Accountants
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Purnells - Licensed Insolvency Practitioners
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R Albert Accountancy Ltd
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Modus Accountants Limited
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MRC Accounting Services
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SG CONTRACTOR ACCOUNTING LIMITED
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Capital Accountancy - Accountants & Tax Advisors
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Naseems Accountants
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AMSTOR ACCOUNTANTS LIMITED
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Frequently asked questions
What qualifications should a charity accountant hold?
A charity accountant should ideally be a member of a recognised professional body such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to strict ethical guidelines. Additionally, experience with charity SORP and knowledge of HMRC regulations for charities are essential. Always verify their credentials and ask about their previous work with charitable organisations.
How can a charity accountant help with HMRC compliance?
A charity accountant assists with HMRC compliance by ensuring accurate reporting of Gift Aid, VAT, and any taxable income. They prepare and submit necessary returns, such as Corporation Tax where applicable, and advise on tax-efficient structures. They also help with PAYE for charity employees and ensure that all filings meet HMRC deadlines, reducing the risk of penalties.
What is the Charities SORP and why is it important?
The Charities SORP (Statement of Recommended Practice) sets out the accounting framework that charities must follow when preparing their annual accounts. It ensures consistency and transparency in financial reporting, making it easier for donors and stakeholders to understand how funds are used. A qualified accountant will prepare accounts in line with the SORP, ensuring full compliance with charity law.
Can an accountant help with Gift Aid claims?
Yes, an accountant can manage the entire Gift Aid process, from calculating eligible donations to submitting claims to HMRC. They ensure that your charity has the correct declarations in place and that records are maintained properly. This maximises the income your charity receives from HMRC, which can be a significant source of funding.
How often should a charity review its financial procedures?
It is advisable to review financial procedures at least annually, or whenever there are significant changes in your charity’s activities or regulations. A professional accountant can conduct a thorough review of your internal controls, bookkeeping systems, and reporting processes. Regular reviews help identify potential risks and ensure that your charity remains efficient and compliant.
What should I look for when choosing an accountant for my charity?
When choosing an accountant, look for someone with specific experience in the charity sector, ideally with a relevant qualification such as ACCA or ICAEW. Ask for references from other charities and check their familiarity with HMRC requirements and the SORP. Also consider their communication style and whether they offer proactive advice that aligns with your charity’s goals.
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