CHARITY ACCOUNTS
Auditing and financial Reporting
Depending on the size of your organisation and its governance structure, you may need to have an audit or independent examination to ensure your charity accounts are accurate and compliant with the Charities Statement of Recommended Practice (SORP).
At Pearl, we will ensure that all your risks are controlled and managed in line with charity audit requirements.
Independant Examination
If your charities gross income is below £25,000 you do not need any form of external scrutiny.
If your charities gross annual income is over £25,000 you must have an independent examination. However, the exception to this is where an audit is required by the charity’s constitution or funders. If you are unsure, then the first thing you need to do is get hold of your constitution or grant agreement and read the provision about annual accounts. In some cases, trustees may also decide to have an audit.
The examiner must be independent. They cannot be someone who has any close connections with the charity. As experienced accountants we are able to provide the complete service.
Charity Bookkeeping
With our in depth knowledge and vast experience we can be that charity bookkeeper you can rely on. With attention to detail we can produce clear and error-free financial reports.
Because of our client centric approach we can be flexible in the services we provide. With the help of cloud based bookkeeping software we can be as much or as little involved in your day to day bookkeeping as you would like. We offer to manage your bookkeeping remotely, which will help keep the cost cheaper.