All charities that require a statutory audit are required to disclose their approach to fundraising activities. In June 2020 the Fundraising Regulator reviewed a sample of annual reports and found that although 81% of charities included the necessary statement, only 21% fully covered the requirements.
Key points to note from the guidance include:
If a charity is registered with the Fundraising Regulator, it should state this in the report.
- Charities should reference that they comply with the Code of Fundraising Practice
- Charities should add a simple statement to confirm that there were no failures to comply with a scheme or fundraising standard
- Charities should give details of the training/support their fundraisers are provided with to ensure that standards are maintained
- Charities should state how they mitigate the risks of fundraising with vulnerable people
You can find some more detailed guidance here.