Charity accounts – common problems found by Charity Commission

The main reasons why charity accounts submissions do not meet the basic benchmark  are:

  • failure to evidence that accounts had been subject to independent scrutiny by an auditor or independent examiner, as required by law
  • not providing meaningful information about their charity’s purposes or the activities carried out to achieve those purposes

 

Further  just 52% of trustees’ annual reports in the public benefit reporting review met the public benefit reporting requirements.

Trustees are falling short on the requirements to explain activities carried out by the charity to further its purposes for the public benefit, and to provide a public benefit statement.

It is important that you explain the activities your charity undertakes and the impact you have.

Similar Articles

Charities warned over man... The Charity Commission has said the public does not accept that charity bosses should receive salaries higher than the private sector. Public confidence and trust in charities
Public should ensure dona... This is a Charity Commission press release:- Press release: Generous public should make sure donations go to genuine charities supporting the victims in Manchester, says charity regulator
Charity Commission new gu... The commission has published new guidance for charity trustees about fundraising from the public, CC20. The guidance sets out 6 key principles to help trustees comply with
Charity Digital Tech Conf... Charity Digital News ran a Charity Digital Tech Conference 2019 and you will find useful videos of the speakers here   https://bit.ly/2JxrmgR covering  website design, social media
Coronavirus (COVID-19) gu... The Charity Commission have updated their guidance for dealing with coronavirus which we clearly have to cope with for forseeable future so it is worth reading the
Brexit has had no effect ... Charitable donations according to the Charities Aid Foundation’s annual UK Giving report found that charitable donations held steady at £9.7bn last year. Apparently the EU referendum had
Charities management of f... The Charity Commission (‘the Commission’) has  published  reports which show that trustees who take early, pragmatic steps to actively identify and manage their financial difficulties will secure
Seeking volunteers for y... Seeking  volunteers for your charity? The normal methods of recruitment will be : word of mouth personal recommendation advertising in national or local press Websites where you
Charity Fundraising Regul... The Fundraising Regulator has just set up its new website at www.fundraisingregulator.org.uk. It is due to start work this summer. It is the independent regulator of charitable
Recruitment of new truste... In accordance with the Charities Act, an individual is currently prevented from acting as a charity trustee if they have an unspent conviction for an offence of

Leave a Reply

Your email address will not be published. Required fields are marked *