All charities must prepare accounts and make them available on request. This is the case whether they are registered with the Charity Commission or not.
The Charity Commission framework for accounting by charities sets out the requirements for different sizes and types of charity:
- What type of accounts must be prepared?
- What information is needed in the trustees’ annual report?
- Do the accounts need an independent examination, or audit?
- What information must be sent to the Commission?
If you do have to send your Trustees’ annual report and accounts to the Commission, you must do this within 10 months of the end of your charity’s financial year.
We can help you to understand how this applies to your charity and would welcome the opportunity to discuss your requirements.