Ideas, ponderings and news from the South West’s charity accountants

YOUR CHARITY FAQS ANSWERED – Property accounting and asset leasing

Have you ever started a conversation with your accountant by saying; “This may be a stupid question but….”? Typically, these questions are the things which matter most to you at that point in time and therefore deserve to be explored and answered. In this new quarterly series, I will explore questions posed by our charity […]

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Charity Compliance Update – July 2017

Fundraising Preference Service launches The Fundraising Regulator launched their Fundraising Preference Service on 6 July 2017. A member of the public can now visit the Regulator’s website and submit a request to cease communication from a specific charity/ies of their choice. More vulnerable members of the public, or for those without access to the internet, can call […]

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The GFC big Summer update – free stuff, tech news and more

Welcome to our Summer update – read on for Sector updates galore, free stuff and GFC news. Download our latest charity newsletter In this issue we consider the impact of fundraising regulation, relevant consultations and legislative changes. We also include an update on Gift Aid and the Gift Aid Small Donations Scheme, Digital advice for […]

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The GFC Spring/ Summer 2017 Charity Newsletter

Hot off the press we bring you our Spring/ Summer 2017 charity newsletter. Sit back with a cuppa and review our roundup of the latest accounting, taxation and governance issues affecting charities across the United Kingdom. In this issue we consider the impact of fundraising regulation, relevant consultations and legislative changes. We also include an […]

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How Charities Could Make Better Use Of Designated Funds

Designated funds – an area still sometimes shrouded in a little mystery for charities but, in my opinion, an under-utilised tool. It is still somewhat of a surprise how many organisations are all over their restricted and unrestricted funds, yet few actively engage with the possibility of designating funds. Beyond that there is sometimes even […]

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Charity Compliance Update: Small Charity Week is here!

It’s Small Charity week this week (19th to 24th June), celebrating and raising awareness of the essential work of the UK’s small charity sector. To find out more about the origins of the event click here. In the meantime, here’s an overview of each day’s activities. I love Small charities Day – 19th June Big […]

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Childcare schemes – are you up to speed with the changes?

New Tax-Free Childcare scheme At the end of April 2017, the new Tax-Free Childcare scheme was launched by the government. The government has started inviting parents to apply for Tax-Free Childcare beginning with parents of the youngest children and parents of disabled children. As an employer: you may be asked questions about the new scheme […]

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Charity Compliance Update – May 2017

General Election 2017 – campaigning activity do’s and don’ts With the snap general election on 8 June 2017, there will undoubtedly be a watchful eye over the campaigning activities of charities. Charities can undertake political activity if it is in support of their charitable purpose and if political activity is taking place alongside other areas […]

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Good financial management – the Charity Commission’s perspective

Financial Management

Following the release of an updated Charity finances: trustee essentials (CC25) on 16 March 2017, we take a closer look at this guidance around financial management for charities from the Charity Commission for England and Wales. The Charity Commission’s key message from the guidance is that good management of a charity’s finances and other assets […]

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Charity Compliance update – April 2017

Charity Compliance Update

It’s been a busy month for our regulators, meaning a rather mammoth update for you this month. We suggest making a fresh cuppa before diving in! Charity finances: trustee essentials (CC25) Originally published on 1 March 2011 and entitled Managing charity assets and resources (CC25), it was announced on 16 March 2017 that this has […]

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