Welcome to the February 2020 edition of Mitchell Charlesworth’s charity newsletter.
As reported in our Autumn newsletter, after the governance review of the Charities SORP, the review panel have taken swift action in announcing a major overhaul to the development of accounting rules. The Charity Commission has also issued words of warning to the sector, in light of further fraudulent attacks with staff members being impersonated in order to secure bank payments.
Charity Partner Philip Griffiths provides guidance on what makes a good Trustees’ Annual Report to be not only compliance with statutory requirements, but to improve public trust and engagement.
At the time of going to print we have just exited the EU. As 2020 progresses we will learn more of the withdrawal agreement details and the continued challenges Brexit will pose for charities over the next 12 months. Naturally we will keep you updated as to the potential ramifications on UK charities.
As always, we hope you find the topics in this edition informative. If you have any suggestions for topics for inclusion in the future please don’t hesitate to get in touch. If you have any questions about anything raised in this edition, or would like to arrange a meeting, please contact one of our Charity partners:
In the last issue of our Charity newsletter, we reported on the recommendations of the SORP governance review panel which
The Charity Commission has issued an alert to charities warning of fraudsters targeting the sector.* The Commission said it has
Every charity is required to compile a Trustees’ Annual Report for inclusion with their accounts for submission to the Charity
HMRC says it is being ‘lenient’ on MTD At Civil Society Media’s Charity Finance Summit in October, HMRC told charities
The charity regulators behind SORP have recently published new guidance for charities participating in multi-employer defined benefit pension plans who
The Government has decided to scrap controversial plans to raise probate fees which would have seen some bereaved families pay
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