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Accountants for Charities and Schools Articles
Accountants for Charities and Schools Articles
Related news
ESFA updates guidance on reserves policies for academy trusts
The Education and Skills Funding Agency (ESFA) has issued updated guidance for academy trusts on the subject of reserves policy – and trustees should be familiarising themselves with the new advice before taking decisions about the levels of reserves held within their trust.
Charities urged not to leave new Annual Return completion until the last minute
Charities are being urged not to delay completing their statutory Annual Returns, as a new format means that the task will require more time and input than in previous years.
New guidance on investing charity funds published
The Charity Commission’s document aimed at charity trustees which gives guidance on investing charity money has been significantly updated.
Trustees urged to take part in research to help region’s charities tackle board recruitment problem
A new study is aiming to identify the issues charities in the region face in attracting trustees – and existing trustees are being urged to take part in the research to help the sector tackle a growing issue.
Landmark supreme court rates relief judgement could be ‘game-changer’ for local charities
A recent Supreme Court case could prove to be a game-changer for some charities – as it has clarified the position on Mandatory Rates Relief (MRR) for charities, and will make it much easier for them to challenge local authorities which reject their MRR applications.
Charity Alert – Annual Return Filing
The Charity Commission’s new “My Charity Commission Account” service will go live on Monday 31 July.
Time for charities to modernise their fundraising approach
Maximising fundraising income has never been more important – and arguably the fundraising environment has never been more challenging.
New Academy Trust Handbook for 2023/24
New Academy Trust Handbook for 2023/24 sees increase in related party transaction threshold.
Academies Accounts Direction
ESFA have very recently issued the Academies Accounts Direction 2022-23, for use in the preparation of academy financial statements for the year ended 31 August 2023.
Much more detailed charity annual return will enable charity commission to ensure the charitable sector is more resilient
In the same way that limited companies have to file an Annual Return to Companies House each year confirming and/or updating their details, charities are required to file an Annual Return to the Charity Commission.
New charity commission trustee portal is a welcome step to improve engagement
All charities rely on individuals who are willing to give their time and skills to act as trustees. Now a new online initiative from the Charity Commission has been launched to provide better support for trustees – and it’s a good idea for anyone on a charity’s board to sign up.
Local charity finance expert urges earthquake appeal donors to ‘give safely’
A leading Norfolk charity finance expert is urging people wanting to donate to relief efforts following the earthquake in Turkey and Syria to heed advice from the Charity Commission and the Fundraising Regulator and ‘give safely’ – checking that charities are legitimate before parting with their cash.