Charities

Our wealth of experience in the charity and not for profit sector has enabled us to meet the sector’s demand for specialist expertise for over 540 clients.

Accountants and auditors for the charity and not for profit sector

The sector continues to fight funding shortages, more regulation and compliance and adverse publicity, at a time when their services are of great need. We know the current key phrases are “value for money” and “impact”. This requires more detailed reporting and changes in recording of information and focus thereof. During this time of change more support is required from professional advisers.

We are a proactive firm of accountants and auditors with many years’ experience of advising charitable organisations. Kreston Reeves invests in developing our expertise and a number of the team volunteer for various charities, giving them a deeper insight into the sector.

Our long-term commitment to the charity and not for profit sector has enabled us to offer training seminars for charity trustees, and provide specialist publications to help you keep up to date with everything from the Charities Act to VAT developments affecting the sector. Areas we have covered include: Statement of Recommended Practice (SORP); public benefit; fraud; trustee responsibilities; redundancy; mergers; fund accounting; generating income – trading, property, VAT updates; employment updates- including volunteers and risk management.

We currently enjoy providing services to over 540 charities and not for profit clients, including Community Interest Companies (CIC). They operate in areas including: education; care for the elderly and handicapped; health and wellbeing; religion; arts, culture and heritage; Social housing; sports and the military.

The specialist charity audit and accountancy services we offer include:

  • Auditing the charity’s accounts and providing added value
  • Preparing and independently examining the charity’s accounts to ensure that they comply with best practice (SORP)
  • Advising on how best to keep the accounting records of the charity and develop financial policies
  • Secretarial duties and meeting filing requirements of the Charity Commission and Companies House (if appropriate)
  • Advising on governance and best practice
  • Advising on mergers, joint ventures and partnering structures
  • Advising on tax efficient fundraising and trading issues
  • VAT advice
  • Strategic planning

Kreston Reeves is committed to the sector, recognising the important part it plays in today’s society and we are here to help support and develop it.

We host free seminars and events throughout the year. To join us at one of our seminars, providing important information and updates for charity trustees, chief executives and finance officers, go to our events area.

 

Want to learn more about how we can help?

Contact us to arrange to speak with one of our specialists in London, Kent and Sussex.

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Kent Community Foundation

Kent Community Foundation

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