Independent Examination of Charity Accounts
Independent Examiner

 

Independent Examination of Charity Accounts

We have been completing independent examinations of charity accounts since 1996.

Providing a fast, high-quality service, our turnaround standard is usually 31 days to draft; but we can often work to an earlier deadline if necessary. Our fees are related to turnover, and are usually significantly lower than most of our competitors.

Independent examinations are suitable for charities with a gross income of up to £1 million, unless the gross income exceeds £250,000 and gross assets exceed £3.26 million. Above this figure, the charity will require a full audit.

Get a free quote today. We can usually save you money, and we can often come to you if you would find this helpful.

 

Click on the following links to download our Examination Questionnaire & Letter of Engagement


Accounts for Unincorporated Charities with an income of less than £25,000

Many smaller charities and not for profit organisations find it difficult to meet the cost of fully compliant accounts, and with the changes in legislation, charities with an income of less than £25,000 are no longer required to submit formal accounts to the Charity Commission. However, many charities still need to show annual accounts, especially when submitting funding applications.

We offer a low-cost service to provide you with a set of formal bound accounts for you to publish to your sponsors.

 


Accounts for Incorporated Charities with an income of less than £25,000

If your charity is incorporated, then you are still required to prepare annual accruals accounts.

The accounts must include:

  • a statement of financial activities, describing all sources of income and expenditure
  • a balance sheet, stating what cash is in the bank and describing all assets, liabilities and funds
  • notes explaining how the income and expenditure is made up, with extra detail about assets, liabilities and funds and other important information, such as related party transactions

Contact us if you need advice or help with your annual accounts.

 


Accounts for Community Interest Companies (CICs)

As with all other incorporated charities and companies, the directors of CICs are required to deliver copies of their accounts for each financial year (including a director’s report) to the Registrar of Companies who will place them on the public file. We are able to offer a low-cost high-quality service to provide you with a set of formal bound accounts, which many CICs find useful for funding applications.

S5 Box