Accountancy for Not-For-Profit
Not-for-profit organisations face unique financial challenges, from managing tight budgets to ensuring compliance with complex regulations. Our specialist accountancy services for charities and not-for-profits are designed to help you maximise your resources, maintain transparency, and focus on achieving your mission. With expertise in this sector, we provide tailored support in areas like tax, financial reporting, and strategic planning, giving you the confidence to drive positive impact.
Our experience in the not-for-profit sector
We are proud of our long-standing commitment to the charity and not-for-profit sector at Bevan Buckland LLP. Since 1975, we have supported these organisations with our comprehensive and specialised accounting services.
We have extensive experience working with social enterprises of various legal forms. This allows us to provide informed advice on the benefits and challenges associated with different structures, helping you navigate any issues that may arise and ensuring that your organisation remains compliant and effective.
Our Team and Services
We currently act for over 150 not-for-profit organisations, leveraging the extensive qualifications and experience of our dedicated NFP team. Our professionals are adept at offering detailed technical advice, ensuring that our clients receive the highest standard of service tailored to their unique needs.
Our charity clients range from organisations with incomes of £20,000 to £50,000,000, demonstrating our ability to support entities of all sizes. Whether you are a small community group or a large national charity, our expertise is at your service.
Our team includes:
–Three Partners: Providing strategic oversight and personalised client engagement.
–One Director (RI): Specialising in auditing charities, charitable groups, trading subsidiaries, and other not-for-profit entities.
–One Consultant: Offering specialised insights and guidance within the sector.
These leaders are supported by a robust team of qualified accountants, auditors, and additional audit staff, ensuring we deliver comprehensive and practical solutions.
Our team specialises in:
- Trading subsidiaries
- Tax advice on group structures
- EMI schemes
- Capital allowances
- Restructuring
- Acquisitions & disposals
Accounting Services for the Not-for-Profit Sector
Independent audits and reviews to ensure financial transparency and compliance with regulatory standards.
Navigating complex tax regulations specific to the charity sector, including Gift Aid claims and VAT exemptions.
Preparation of annual accounts in accordance with the Charities Statement of Recommended Practice (SORP)
Assistance with grant applications, monitoring, and reporting to ensure funds are used effectively.
Creating and managing budgets to align with your mission and financial goals.
Guidance on governance best practices, including trustee responsibilities and risk management.
Added-Value Services for Not-For-Profit organisations
Board/Staff Training
We provide a range of training courses designed for board members, management teams, and trustees to improve their skills and knowledge. Additionally, we host a quarterly charity webinar that addresses issues impacting those working within the sector. The topics covered include cybersecurity, fraud, and risk management.
Should there be a specific area where you are keen to develop your expertise, please do not hesitate to contact us. We will arrange a tailored training session to accommodate your requirements effectively.
VAT Assistance
With significant experience in VAT and partial exemption, we work closely with Centurion VAT to resolve complex VAT issues effectively.
Digital Accounting
We provide a comprehensive digital accounting service that integrates seamlessly with online packages, allowing you to monitor your business performance in real-time.
IT Services
Our highly experienced IT Manager offers expert advice and assistance on numerous software packages to streamline your operations.
Advertising Trustee Positions
We assist our clients in the sector to promote the trustee positions they need to fill.