
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
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

Business Partners Accountants & Bookkeepers
An accounting firm for all your accounting and bookkeeping needs Business Partners Accountants & Bookkeepers is a reputable accounting firm serving so...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
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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

BROOKSON LIMITED
Why Brookson? There are plenty of reasons. We’re specialists at dealing with self-employed finances, and have been doing this for over 20 years, so we...See More

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

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
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions

GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More

MRC Accounting Services
Providing accounting services and solutions

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

J. Jervis Accounting Services LTD

THE FINANCIAL MANAGEMENT CENTRE UK LTD
Online firm
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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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

MJF ACCOUNTANCY LIMITED
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 undergone rigorous training and adheres to ethical standards. Additionally, experience with charity accounting, including knowledge of the Charity SORP, is highly beneficial. Always verify their credentials and ask for references from other charitable organisations.
How can an accountant help with HMRC compliance for my charity?
An experienced accountant will ensure your charity meets all HMRC obligations, including filing accurate tax returns and managing Gift Aid claims. They can also advise on VAT rules specific to charities, such as partial exemption, and help with Corporation Tax if applicable. Their expertise reduces the risk of errors and penalties, keeping your charity in good standing with HMRC.
What is the role of an accountant in preparing charity accounts?
An accountant prepares your charity's annual accounts in accordance with the Charities SORP and relevant accounting standards. They ensure that all income and expenditure are correctly recorded, including restricted funds. They may also prepare the trustees' annual report and assist with the independent examination or audit, providing assurance to donors and regulators.
Can an accountant help with payroll for charity staff?
Yes, many accountants offer payroll services tailored to charities. They can manage PAYE, National Insurance contributions, and pension auto-enrolment for your employees. They also handle any reporting to HMRC, ensuring that all statutory deductions are made correctly. This service saves time and ensures compliance with employment tax legislation.
Why is it important to have an accountant who specialises in charities?
Charity accounting has unique complexities, such as fund accounting and compliance with the Charities Act. A specialist understands these nuances and can provide advice on governance, financial controls, and reporting. They stay updated on changes to charity law and SORP, ensuring your charity remains compliant. Their expertise helps prevent costly mistakes and enhances financial transparency.
How often should my charity review its accounting arrangements?
It is advisable to review your accounting arrangements annually, or whenever there is a significant change in your charity's activities or income. Regular reviews ensure that your accountant remains the right fit for your needs and that you are receiving value for money. This also provides an opportunity to discuss any new financial challenges or opportunities.
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