Charities which were given more time to file their accounts are facing an important deadline at the end of this month, says Kyle Smith of Lovewell Blake.
Charity trustees need to be turning their minds to their organisation’s reserves policy as we emerge from the pandemic, says Mark Proctor of Lovewell Blake.
Public trust in charities has reached its highest level since 2014, according to research published by the Charity Commission.
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Charity trustees need greater financial understanding, says leading charity finance expert during online webinar
Trustees of charities need to have a greater understanding of the financial position of their organisations than ever before – that was the key message heard by over 100 charities during a webinar hosted jointly by the Norfolk Community Foundation and Lovewell Blake.
The survey looked at the impact of the pandemic amongst other things.
Since the pandemic hit in March 2020, the Charity Commission have offered filing extensions to charities who have been unable to meet their filing deadlines for COVID-19 related reasons. These extensions have had no fixed end date.
Charities could be missing out on thousands of pounds in pandemic-related insurance payouts, says leading charity finance expert
Charities should be checking their insurance policies after it emerged that some organisations could be missing out on business interruption cover payments totalling tens or even hundreds of thousands of pounds as a result of the lockdown, according to a leading charity finance specialist.