Charities

Langdowns DFK have considerable in-house specialist expertise and experience in advising and assisting with all aspects of charity accounts and auditing.

It is an unfortunate by-product of an industry that prides itself on amazing contributions to public life, often on voluntary or non-profit making arrangements, that charities are so highly regulated, with some of the most complex accounting requirements and principles to understand.

Our fully trained, professional team can help with all aspects of these requirements, and interpret the rules and regulations in such a way as to make them easy for anyone to understand.

We can advise on issues such as:

  • Formation compliance for new charities
  • Limited company v unincorporated entity
  • Basic accounting records, and accounting systems
  • All bookkeeping and accounts training requirements
  • Statutory financial statements compliant with the SORP (Statement of  Recommended Practice) for charities
  • Auditing or independent examination requirements
  • Specialist VAT assistance (often the most complex tax for a charity to understand and ensure is operated correctly)
  • Assistance with grant funding applications
  • Interpretation and guidance on Charity Commission regulations
  • Ensuring trustee report disclosure requirements are all attended to
  • Payroll operation and compliance (including HR advice)
  • Undertaking and assistance with Fund Accounting (including unrestricted,         restricted, designated and endowment funds)
  • Group accounts, and when a trading subsidiary company may be necessary as   part of a charity set-up