Receiving donations is common for any charity. These donations can take different forms – cash, services, property – but we’ll be discussing when your charity receives goods as a donation. Especially during covid, many charities saw an increase in donated goods. Whether it’s PPE, medicine, food, clothing, or more, it’s important for you to understand…
Category Archives: Charities coronavirus
If you are a smaller charity and have received funding due to the Coronavirus pandemic you may need to bear in mind the reporting requirements for the Charities Commission. If this exceptional funding increases your income over one of the following limits you may have additional reporting requirements. Income thresholds Less than £5,000 Register with…
The Charity Commission guidance on Covid-19 highlights the needs for UK charities to be monitoring cash flow. First, it’s important to have as accurate a picture as possible of how your charity is performing as it stands. That way you’ll be able to put together a more comprehensive and accurate plan as to how to…
Fundraising data has shown a surge in donations to new NHS and Covid-19 related charities during the course of the pandemic. Whilst this support is fantastic, and much needed in these times of crisis – many smaller charities and those supporting causes outside the Covid support world are suffering, as public attention remains largely on…
Auditors and independent examiners have, for a while now, had a statutory duty to report any matters of significance to the charity regulators, The Charity Commission for England and Wales, the Office of the Scottish Charity Regulator for Scotland and The Charity Commission for Northern Ireland. The guidance however has been updated in April 2020…
Last night Rishi Sunak announced a support package of £750 million for the charity sector, as he defined them as our ‘social fabric’ and our ‘unsung heroes looking after the vulnerable’: £370 million of this funding will be for small local charities working with vulnerable people. This will be provided by the national lotteries communities fund and…
During the coronavirus pandemic the charity sector will face challenges of looking after its staff, volunteers and trustees who may fall ill, have to self-isolate, or have to look after loved ones. The sector also has a vital role to play in looking after its beneficiaries, many of whom will be amongst the most vulnerable…