A new series of free masterclasses aimed at helping charity managers and trustees tackle a number of issues facing organisations in the charitable sector has been launched by one of the region’s leading teams of charity experts.
As charities emerge from the pandemic to uncertain times, it is more important than ever that their reserves policies reflect their current needs, says Rebecca Frost of Lovewell Blake’s specialist Charity team.
The ESFA have published the Academies Accounts Direction 2021 to 2022 for academy trust accounts ended 31 August 2022, along with an updated model set of accounts, and an updated Framework and guide for external auditors and reporting accountants for the same period. It is not expected that there will be a further Supplementary Bulletin this year.
Charity alert - 'the Charity Commission’s flexible approach to charity meetings will come to an end from 22 April'
Changes announced to come to affect on 22nd April 2022.
The Charity Commission has released a series of animated videos to promote its “five minute guides” for Trustees which were launched last year.
A triple whammy of soaring staff costs, donations being eroded by inflation, and rising demand for services means that charities are having to put in place anti-inflation strategies, says Kyle Smith of Lovewell Blake’s specialist Charity team.
The results of the Charity Commission 2021 Covid-19 Survey indicated that 49% of charities have lost income from fundraising activities, whilst 35% have lost income from trading and other income sources.
Charities need to be extra vigilant against fraud, with the continuing pandemic and the accompanying tough economic times leading to an increased risk of such organisations being targeted, says Rebecca Frost of Lovewell Blake’s specialist Charity team.