Five tips for effective charity management

Charlotte Hawes

Five tips for effective charity management

Effective financial charity management is essential in the third sector. It ensures the success and sustainability of any charitable organisation and underpins public confidence in the industry itself.  To facilitate effective charity management in the sector, UK charities are subject to a range of regulatory requirements. The Charity Commission also publishes guidance on charity governance, […]

Five tips for effective charity management Read More »

Effective financial charity management is essential in the third sector. It ensures the success and sustainability of any charitable organisation and underpins public confidence in the industry itself.  To facilitate effective charity management in the sector, UK charities are subject to a range of regulatory requirements. The Charity Commission also publishes guidance on charity governance,

Writing charitable objectives in white font on a blue background next to an image of a notepad and pen

Writing Charitable Objectives

Are you thinking about setting up a new charity?  Writing charitable objectives and purpose is crucial in creating a strong foundation for your not-for-profit organisation. It can be one of the most difficult elements in the registration journey, and using the right language and understanding the requirements is key.   Here are some tips to

Writing Charitable Objectives Read More »

Are you thinking about setting up a new charity?  Writing charitable objectives and purpose is crucial in creating a strong foundation for your not-for-profit organisation. It can be one of the most difficult elements in the registration journey, and using the right language and understanding the requirements is key.   Here are some tips to

Volunteers high-fiving with the text "Navigating Charities Governance".

Navigating Charity Governance

Do you have good governance within your charity? Trustees often face significant challenges when dealing with a small charity, such as unclear responsibilities, inadequate financial oversight, and poor communication among board members.   However, these governance issues can be avoided with the right awareness and best practices. Effective governance is crucial to the success of any

Navigating Charity Governance Read More »

Do you have good governance within your charity? Trustees often face significant challenges when dealing with a small charity, such as unclear responsibilities, inadequate financial oversight, and poor communication among board members.   However, these governance issues can be avoided with the right awareness and best practices. Effective governance is crucial to the success of any

"Charities SORP Updates - What you Need to Know" with a picture of charities

Charities SORP Updates – What you need to know

The Charities Statement of Recommended Practice (SORP) provides a charity accounting and reporting framework. The Charities SORP is designed to ensure consistency, transparency, and compliance with relevant financial reporting standards. SORP is regularly revisited and updated to ensure it’s still fit for purpose and can meet evolving challenges and the changing not-for-profit landscape. The Financial

Charities SORP Updates – What you need to know Read More »

The Charities Statement of Recommended Practice (SORP) provides a charity accounting and reporting framework. The Charities SORP is designed to ensure consistency, transparency, and compliance with relevant financial reporting standards. SORP is regularly revisited and updated to ensure it’s still fit for purpose and can meet evolving challenges and the changing not-for-profit landscape. The Financial

A picture of volunteers with the text "Navigating the employers national insurance increase. What charities need to know".

Navigating the Employers National Insurance Increase. What charities need to know.

Announced in the last Autumn Budget, Employers National Insurance (ER NI) contributions will increase from 13.8% to 15% on 6 April 2025. Although intended to increase public funding, this poses significant challenges for charities and not-for-profits, which already operate under financial constraints. Therefore, charitable organisations must understand the implications and prepare for potential financial difficulties.

Navigating the Employers National Insurance Increase. What charities need to know. Read More »

Announced in the last Autumn Budget, Employers National Insurance (ER NI) contributions will increase from 13.8% to 15% on 6 April 2025. Although intended to increase public funding, this poses significant challenges for charities and not-for-profits, which already operate under financial constraints. Therefore, charitable organisations must understand the implications and prepare for potential financial difficulties.

"Why taking board minutes is important for your charity" and a picture of a notepad and pen.

Why taking board minutes is important for your charity.

As a trustee, you will regularly meet and attend board meetings as necessary, and they are a key component of your charity’s governance.   An effective way to demonstrate that your actions align with your charitable purpose is by taking board minutes. You must act in the best interest of the charity and due to

Why taking board minutes is important for your charity. Read More »

As a trustee, you will regularly meet and attend board meetings as necessary, and they are a key component of your charity’s governance.   An effective way to demonstrate that your actions align with your charitable purpose is by taking board minutes. You must act in the best interest of the charity and due to

A picture of Charlotte Willmore with Interview written across.

From Audit Trainee to Partner, we interview Charlotte Willmore

It was the “family-friendly vibe” that drew Charlotte Willmore to Wilder Coe in September 2010, as an aspiring audit trainee at the very beginning of her accountancy career.   Now, Charlotte officially stepped into her new role as Audit Partner, joining Wilder Coe’s growing Senior Management Team on 1 October 2024. We had a chat with

From Audit Trainee to Partner, we interview Charlotte Willmore Read More »

It was the “family-friendly vibe” that drew Charlotte Willmore to Wilder Coe in September 2010, as an aspiring audit trainee at the very beginning of her accountancy career.   Now, Charlotte officially stepped into her new role as Audit Partner, joining Wilder Coe’s growing Senior Management Team on 1 October 2024. We had a chat with

A post it note with the caption "Don't forget to file your charity annual return".

Preparing a Charity Annual Return

If you are a UK-registered charity, depending on your income or charity structure, you may need to file a charity annual return. You must file an annual return to the Charity Commission if your charity’s income is more than £10,000 or you are a CIO (Charitable Incorporated Organisation). The charity annual return must be submitted

Preparing a Charity Annual Return Read More »

If you are a UK-registered charity, depending on your income or charity structure, you may need to file a charity annual return. You must file an annual return to the Charity Commission if your charity’s income is more than £10,000 or you are a CIO (Charitable Incorporated Organisation). The charity annual return must be submitted

Tackling Charity Fraud in white font with background image of criminal on a computer with their hood up

Tackling Charity Fraud

Every year, criminals target charities, NGOs and not-for-profits for cybercrime and fraudulent activities as they exploit the current global crisis. Charity fraud can occur in many forms and come from internal and external sources, such as fundraising, banking, tax and Gift Aid, properties and investments or charity identities. Trustees must manage resources responsibly and take

Tackling Charity Fraud Read More »

Every year, criminals target charities, NGOs and not-for-profits for cybercrime and fraudulent activities as they exploit the current global crisis. Charity fraud can occur in many forms and come from internal and external sources, such as fundraising, banking, tax and Gift Aid, properties and investments or charity identities. Trustees must manage resources responsibly and take

Financial trustees sat at a laptop exploring accounting information.

A Trustees Role In Financial Transparency

Responsibility for overseeing the financial affairs of charities rests with trustees who must safeguard the resources entrusted to them.   Charities and not-for-profit enterprises must operate effectively and to the highest financial and ethical propriety standards. Financial transparency is essential for an organisation that wishes to remain with the law but maintain public trust and

A Trustees Role In Financial Transparency Read More »

Responsibility for overseeing the financial affairs of charities rests with trustees who must safeguard the resources entrusted to them.   Charities and not-for-profit enterprises must operate effectively and to the highest financial and ethical propriety standards. Financial transparency is essential for an organisation that wishes to remain with the law but maintain public trust and