
Back to basics with your charity finances
The Covid-19 pandemic has caused many financial issues for charities. Going back to basics can give a clearer picture of
Welcome to the November 2020 edition of Mitchell Charlesworth’s charity newsletter.
The Covid-19 crisis has presented charities with an incredibly challenging set of circumstances. In this edition we cover some of the key issues you may be facing and how to deal with them, including remote auditing and financial reporting considerations, filing charity annual returns during the pandemic, where and how to access funding, and managing your finances effectively by going back to basics.
The responsibilities of trustees are heightened in the pandemic and we explore some of the governance issues trustees need to have control of in order to run their charities as effectively as possible. We also look at a new set of guides designed to help trustees run their charities in accordance with charity law, which have recently been launched by the Charity Commission.
VAT partner, Alison Birch, outlines HMRC’s brief on VAT and digital advertising by charities, which confirms that many forms of online advertising will now be zero-rated.
We report on research from the Fundraising Regulator which found that just one in five charities fully comply with fundraising reporting duties, and we also share some tips on how charities can become fraud aware and remain safe online.
Finally, we have news on some of our new client wins.
As always, we hope you find the articles in this issue useful. If you have any suggestions for topics for inclusion in future editions, please do let us know. If you have any questions about any of the articles, or would like to arrange a meeting, please contact one of our charity partners here.
The Covid-19 pandemic has caused many financial issues for charities. Going back to basics can give a clearer picture of
The Charity Commission has launched a new set of simple, easy to understand guides designed to help trustees run their
The Covid-19 pandemic presents complex issues for charities to navigate and is forcing many to change how they would usually
The Covid-19 crisis has presented charities with an incredibly challenging set of circumstances and with it comes the added pressure
According to Civil Society News, around 2,300 charities have asked the Charity Commission to extend their deadline for submitting annual return
Covid-19 has seen a rise in fraud and cybercrime against charities, so it’s crucial to be informed and aware of
In April the government announced a package of financial support for frontline charities during the current Covid-19 crisis. It pledged
HMRC has issued a brief on VAT and digital advertising by charities, which confirms that many forms of online advertising
Mitchell Charlesworth has been appointed by Michael Carrick Foundation and the British American Football Association (BAFA) to provide a range
Research from the Fundraising Regulator has found that just one in five charities (21%) include all the required information about fundraising
Our Charities Team The members of our charities team have decades of experience between them, and their experience of advising
Copyright © 2023 mitchell charlesworth. All Rights Reserved.