Our charity and not for profit team

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. 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 600 clients.

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.

2024 Kreston Charities benchmark report

Our latest Charities benchmark report for 2024 is now available for download here.

With a strong sense of resilience and adaptability within the sector indicated within the report, many are feeling encouraged by the optimism being shown by charities, particularly in terms of their financial future despite on-going challenges. The report is available for instant download.

Accountants and auditors for the charity and not for profit sector

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 600 charities and not for profit clients, including Community Interest Companies (CIC). They operate in areas including: education; care for the elderly and disabled; health and wellbeing; religion; arts, culture and heritage; Social housing; sports and the military.

The specialist charity audit and accountancy services we offer

  • Auditing the charity’s accounts and providing added value
  • Advising on governance and best practice
  • Advising on mergers, joint ventures and partnering structures
  • Advising on tax efficient fundraising and trading issues
  • VAT advice and gift aid
  • Strategic planning
  • 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)

Related resource

Meet our team

Sam Rouse

Sam Rouse FCCA DChA

Audit and Assurance Partner and Head of Charities and Not for Profit

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    • yes I have read the privacy notice and am happy for Kreston Reeves to use my information

    Lucy Hammond

    Lucy Hammond FCA DChA

    Partner in Audit & Assurance

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      • yes I have read the privacy notice and am happy for Kreston Reeves to use my information

      A series of photos demonstrating the Kreston Reeves purpose, in office, charity challenge and candid photos.

      Our purpose, our passion

      To guide our clients, colleagues and communities to a brighter future.

      In a continually evolving world we help all generations embrace change through trusted advice, support and guidance. Our passion for continued improvement ensures that we work to understand your goals, support and advise you on your journey and help you to realise your ambitions.

      About us