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o ensure the proper operation of the charities, it is essential that the right management and accounting decisions are taken. Any kind of non-profit organization will have to be monitored constantly for its management. Handling charities accounts are not similar to other business accounts and employing finance staff to handle all the charities accounts will be expensive. We have the best experienced staff that can provide your charity organization with the best accounting and managerial service.
In spite of the normal charity accounts, the accounts must also be created to comply with the Charities Accounts Regulations and other Charity Regulatory Structures. All the accounts must be audited and examined. This makes the whole system all the more complicated for the trustees especially when they are looking forward to expand the organization. When looking for new developments, our experts will provide business and funding plans to support the organization.
We prepare management accounts and annual accounts to comply with the Charity regulations prevalent in UK. External annual scrutiny reports and internal monthly reports are well handled by our experts keeping the reports clean and easily understandable by the board of trustees. We even provide independent examination for those charities that are excluded from audit submission.
Charities do have to pay taxes, but with proper planning help from our professionals, the taxes can be completely avoided for any non-profit organization. The financial statements are reviewed internally and planning is based on these reports to ensure that the charity organization is exempted from taxation. Our experts will provide tax planning and compliance advice with necessary steps and measures to ensure that the tax returns does not pose a financial problem for the organization. We undertake the VAT returns filing, review it and make necessary changes for maximum savings. We take care of the budget planning, endowments, governing documents, funds and other assets into consideration to prepare the best plan for the success of the non-profit organization.
If you have any queries related to price, assistance or want to request a quote, Please contact us