SORP 2026 explained: Trustees annual report requirements for Tier 2 charities – a short video guide

SORP 2026 introduces significant changes to the trustees’ annual report for charities, applying to accounting periods commencing on or after 1 January 2026.

This guide provides a high-level overview of the key updates Tier 2 charities need to be aware of, including changes to objectives and activities, impact reporting, volunteer information, financial reviews, investment policies, legacy income and future plans. It also highlights the additional disclosure requirements introduced under the new tiered approach and practical considerations for trustees when preparing their next annual report.

If you have any questions about the topics covered on this short guide, or would like further assistance, please contact us today.