Are you a member of staff in a small charity?
Posted on 7th June 2019 at 19:35
The Charity Commission for England and Wales (CCEW) recently reported that nearly 40% of small charities - those with an annual income below £25,000 - submitted inaccurate financial information.
CCEW is concerned that those given the job of submitting small charity annual returns should be sufficiently skilled to perform the role accurately. It highlighted the fact that failure to provide accurate financial information can be misleading and negatively impact levels of trust in the general public.
Charities registered in England and Wales should also be aware of developments regarding annual returns. The new developments mean some additional work for charities, and may require changes to financial systems to capture relevant detail.
We can help. Please do not hesitate to contact us for further advice.
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