Ward Williams have a team that specialises in the needs of charities. We have extensive knowledge of the Charities Acts and Charities SORP. This knowledge together with over 20 years combined experience in dealing with charities enables Ward Williams to offer our charity clients the following:

  • Preparation of annual accounts in accordance with the relevant regulations;
  • Annual audit and independant examinations;
  • Assistance in the completion of Charity Commission annual returns;
  • Attendance at Trustee's and audit committee meetings.

In addition we offer advice and guidance on non-routine issues including systems and controls together with assistance on how to become more efficient.

For over a year now we have been working under exceptional circumstances as the country battles with the COVID-19 pandemic. The success of the UK’s vaccination programme though has contributed to the government’s roadmap for coming out of lockdown and returning to a more normal state, although it must be stressed that the situation is a fluid one and these plans are subject to ...

This new piece of legislation which received Royal Assent on 25 June 2020 and the provisions it contains provide an extension to the deadline for filing accounts and certain other documents at Companies House. As well as these measures the Act also included a temporary move allowing greater flexibility for the holding of company meetings that would be relevant for those charit ...

In January this year legislation came into force to incorporate the EU’s Fifth Money laundering Directive into UK law, and expanded the scope of the Trust Registration Service (TRS) by requiring all UK some non-EU resident express trusts to register with the service. At the time it was thought that charitable trusts would fall within this definition and would be required to reg ...

Charities will often use publications to inform the public about their work and the area in which they operate, and increasingly in an electronic format rather than physical form. Charities will also try to generate extra funds in this way to fund their charitable activities. Since 1 May 2020 the supply of certain e-publications became zero-rated, mirroring the treatment of mo ...

The VAT treatment of advertising expenditure is an area where charities receive special treatment as unlike commercial entities the supply of advertising to a charity is zero-rated, which given that many charities are not registered for VAT themselves and therefore unable to recover input tax, can result in a significant cost saving. The means by which charities conduct their ...

Many charities will currently be in the process of preparing their accounts for the last financial year, and those with trading subsidiaries will be considering how best to manage their tax position. The usual approach for a subsidiary that has generated profits is to donate that profit to its parent charity, either by gift aid or deed of covenant, which if done within 9 months ...

To help with the financial downturn caused by the COVID-19 pandemic many lessees have been granted rent concessions by their landlords. This could take the form of a temporary rent reduction or a rent holiday. Due to a lack of any clear guidance in existing standards there have been differing views as to how concessions such as these should be accounted for, leading to inconsis ...

At the July meeting of the SORP Committee the timetable and process for the publication of the next version of the Charity SORP was discussed. Future changes to the Charity SORP will be closely tied to more general developments in UK accounting practice and the next update of FRS102, the financial reporting standard upon which the SORP is based. As a result we can now expect th ...

Information Sheets are published by the joint SORP-making body and seek to clarify the application of the SORP, or cover matters not addressed in the SORP but are relevant to charity reporting. Two new Information Sheets have been published, although are likely to be of limited application to most charities. However where relevant, preparers of charity accounts should read them ...

To ease the administrative burden on companies during the COVID-19 pandemic a temporary measure to provide additional time for companies to file accounts at Companies House was enshrined in law over the summer with the passing of the Corporate Insolvency and Governance Act 2020. Charitable companies usually have 9 months to file their accounts with Companies House. This is now ...