Charities

 

To meet our Not for Profit team, click here.

Alerts  The proposed Financial Reporting Standard - key issues for Public Benefit Entities  Budget 2012: Charities and Schools Briefings  Charities Alert  How charitable is poverty relief under the welfare state?   VAT and salary sacrifice  VAT changes regarding Salary Sacrifice Schemes   Changes to the regulation of excepted and exempt charities   Reed Employment VAT Alert  Salary Sacrifice - VAT Alert  Key issues in the proposed Financial Reporting Standard for Public Benefit Entities  FRED 45: Draft Financial Reporting Standard for Public Benefit Entities  Charity buildings and the change of use provisions  Hot Topics Schools and Academies  Salary Sacrifice and Schools Fees  Employment related taxes: hot topics in the Not for Profit sector   New HMRC guidance regarding overseas workers  The Tax Implications of Charity Trading  Brochures  Not for Profit brochure - How we can work with you. Leaflets  Direct taxation for Charities

Members of the Charity SORP Committee. 

We work closely with the Charity Finance Directors’ Group. 

Represented on the ICAEW charity accounts working group.

Deliver a programme of sector-related events and seminars led by known experts.

Chair the ISBA/IAPS working party, providing reporting best practice guidance for independent schools.  

• Arts, cultural and heritage organisations – many of these are visitor attractions with trading arms. Cost structures and income streams are often unique to this type of organisation.
• Care providers, hospitals and other service providers – enter into contracts and receive fees for providing services. Service providers face many challenges in terms of pricing and cost recovery.
• Grant makers – come in many shapes and forms: some rely on investment income, others raise voluntary income; some are exclusively grant-making while others are also operational.
• International non-governmental organisations (INGOs) – work around the globe and often in remote locations. INGOs include many of the characteristics of other Not for Profit but with additional issues arising from the global remit. We also work with the bodies that fund them.
• Non-departmental public bodies – usually fall into one of the other categories on this list but also face additional public sector requirements and special reporting regimes.
• Professional bodies, membership organisations and livery companies – many, but not all, of these are charities. There are special nuances arising from membership and commercial activities.
• Registered social landlords – have their own accounting and funding requirements and specific issues relating to their property assets.
• Research organisations – develop knowledge and intellectual property. They often have long-term commitments and multi-year funding issues.
• Schools, academies, higher and further education institutions and other educational bodies – have to deal with fees, property matters and their own accounting peculiarities.
• Student unions – are now registered charities and have to focus on accounting and structural requirements.
• Trade unions – face a special regulatory regime and have to manage membership income and services.

Impact reporting - cause and effect Impact reporting for charities is complex and requires a subtle analysis on case by case basis. Charitable Pursuit  - Crowe Clark Whitehill's response to FRED 45. When less is more  - Pesh Framjee explains the optimum size for governing board effectiveness. Satnav for non-profits  - Pesh Framjee maps the journey from inputs to impacts.  In all weathers  - Pesh Framjee explains why cost optimisation  is not an optional extra. Voluntary but not amateur  - Pesh Framjee explains why the charity sector has become business like. Dealing with the unexpected  - Pesh Framjee outlines how uncertain times challenge the key assumptions for finance directors Complexities of predestination - Pesh Framjee demonstrates why correct fund accouunting is a legal requirement.  On the board - Pesh Framjee discusses the role and structure of board of trustees.  Ongoing liability  - Pesh Framjee considers accounting for multi-year grant commitment principles. Income recognition principles in charity finance reporting  - Pesh Framjee explains how current financial reporting standards and guidance should be interpreted. Looking around corners refreshing risk management  - Pesh Framjee explains a fresh look at risk management. Weather protection?  - Pesh Framjee explains the need to actively manage reserves in a tough economic climate. Value protection and value creation  - Pesh Framjee explains how good risk management can deliver added value. At the controls  - Pesh Framjee discusses how non-profits can develop an effective strategic plan.