Charity Financials Insider

Charity income grew by 4.3bn in 2018
TRENDS & DATA ANALYSIS | 11 July 2019

The 2019 Charity Financials Income Spotlight report, in partnership with Charles Stanley, explores the income trends faced by all charities registered in England and Wales between 2008 and 2018...

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Why support is key to helping charities maximise their investment returns
CHARITY MANAGEMENT | 26 June 2019

In January, a report from the National Voluntary Council Organisation (NCVO) warned that charities should expect a difficult financial year and that a combination of factors, including ongoing Brexit negotiations, tight government budgets and a slow economy would continue to add pressure on beneficiaries and front-line services…

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43% of charities have not changed auditor in the last 10 years
FINANCE | 18 June 2019

The latest Charity Financials Audit Spotlight report uncovers the landscape of auditors used by the top 5,000 UK charities between 2017 and 2018. It also analyses the current fees by income band and highlights the top auditors used by charities today…  

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What questions should trustees ask about finance?
GOVERNANCE | 09 June 2019

As a trustee, your role involves keeping on top of the legal and regulatory sides of an organisation, just as much as the financial. While finance is my day job, and one that I truly love, I know that for most trustees the thought of poring over accounts is not what draws them to the role. But what does it take to become a good trustee...?

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5 fundraising trends for 2019 and beyond
TRENDS & DATA ANALYSIS | 29 May 2019

In the last few years, fundraisers have had to fight against the unknown impact of Brexit, increased media scrutiny, a reduction in government funding and much harder competition…

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New world disorder?
SPECIALIST OUTLOOK | 29 May 2019

‘There are these two young fish swimming along and they happen to meet an older fish swimming the other way, who nods at them and says “Morning, boys. How’s the water?” And the two young fish swim on for a bit, and then eventually one of them looks over at the other and goes “What the hell is water?”’ – David Foster Wallace, This Is Water, 2005

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VAT made simple for charities
FINANCE | 16 May 2019

Most businesses charge VAT on all of their sales and recover VAT on just about all purchases. However, charities are different and face complicated scenarios when it comes to VAT, with only some of their income taxable. This means that only part of the VAT they incur is recoverable...

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Overcoming the top 5 challenges in preparing your annual report
GOVERNANCE | 09 May 2019

Preparing charity accounts and an annual report are requirements for most registered charities and the reporting requirements are much more detailed than those of equivalent sized companies...

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Trustees: 6 ways to maintain a strong rapport with your non-charity entities
LEGAL | 02 May 2019

As part of its continued work to improve public confidence in the sector, in March 2019 the Charity Commission published new guidance[1] on how trustees should manage their connections with non-charities...

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Why culture and finance go hand in hand
CHARITY MANAGEMENT | 26 April 2019

Public trust in charities has declined in recent years and ensuring a charity has the right culture is becoming increasingly important. Having a good culture can be the bedrock of financial performance, reputation and governance…

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