A charity is defined as an organisation established for public benefit, subject to the High Court's charity law jurisdiction.
Not-for-profit organisations are beginning to face increasingly strict requirements from the Charity Commission in addition with frequently changing policy and legislation. Ensuring your organisation is fully compliant is challenging, and often a drain on precious resources.
Charity Law requires the trustees of charities with gross incomes greater than £1 million/greater than £250,000 with gross assets of more than £3.26 million require their accounts to be audited. If your charity does not fall within this category then an Independent Examination may be more appropriate to evaluate your accounts.
Hysons specialist charity accountancy services recognise the unique needs of this sector, offering a range of services from as large as account audits and independent examination, to a simple financial consultation offering advise for future expenditure.
Why Choose Hysons?
At Hysons, Chartered Accountants, we believe in tailoring our solutions to best suit the nature of your organisation. Our team of specialists will keep you up-to-date with any developments or changes in your not-for-profit sector, ensuring your charity can operate efficiently.
To find out how your organisation could benefit from one of our bespoke financial services, contact Hysons and book a free consultation with our team in Hampshire.