Archive for the ‘Charity & Not-for-Profit’ Category

Conflict with Your Trading Subsidiary

Posted on: January 11th, 2019 by Sarah Case No Comments

Welcome to 2019 and our new publication, Using Conflict as a Catalyst for Change – A Guide for Embracing, Managing and Mitigating Conflict Within Your Charity.

It is essential to understand that conflicts affect all charities, large or small, simple or complex. Trustees have a legal duty to act in their charity’s best interests, they are expected to understand what conflict is, how it affects their organisation and to deal with any issue appropriately. Therefore, it is fundamental that charities follow the guidance issued by the Charity Commission. (more…)

Using Conflict as a Catalyst for Change

Posted on: January 7th, 2019 by Sarah Case No Comments

A Guide for Embracing, Managing and Mitigating Conflict Within Your Organisation

The Not for Profit sector is dealing with continued challenges from numerous directions. Changing legislation is placing a cost burden onto organisations already struggling with funding issues. Governance continues to be key in maintaining and developing a successful organisation, being alive to taxation changes has become imperative and the charity regulators are adopting a more rigorous approach. On top of this, charities are often constantly battling with internal and external conflicts. (more…)

Welsh firm praised in annual charity finance survey

Posted on: December 12th, 2018 by Sarah Case No Comments

A leading South Wales-based accountancy and advisory firm has been recognised as one of the UK’s top performing charity auditors in a sector specific survey.

MHA Broomfield Alexander moved up two places in Charity Finance’s annual survey of more than 1,000 charities, now ranking in the Top 20 charity audit firms across the UK. The firm was also highlighted for special mention in two categories, as it rated third in the UK for ‘charity expertise’ and joint forth for overall service by firms that received 30 or more responses. (more…)

Fundraising guidance

Posted on: December 12th, 2018 by Sarah Case No Comments

Since November last year, charities requiring an audit have had to include additional disclosures in the accounts relating to their approach to fundraising. This was driven by concerns over the fundraising practices in some charities and a lack of awareness by Trustees as to how funds were being raised, particularly by professional fundraisers. (more…)

Charity Commission strategy

Posted on: December 3rd, 2018 by Sarah Case No Comments

In October the Charity Commission published its strategy for the next five years, and whilst it may not have the budget and resources necessary to deliver all of the ambitions it has clear aims to work on.

So what will their focus be?  And if the Charity Commission have areas they want to focus on surely charities should look at themselves in these areas and assess what they can do to improve as well. (more…)

Trustees’ Week 2018

Posted on: November 12th, 2018 by Sarah Case No Comments

Sarah Case Trustees’ Week MHA Broomfield AlexanderMore than one million trustees, supporting almost 200,000 charities, help to make the UK the eighth most charitable nation in the world. With Trustees’ Week (12-16 November 2018) upon us, Sarah Case, director at advisory firm MHA Broomfield Alexander, offers her experience on what makes a good trustee and how individuals, as well as charities, can benefit from the experience. (more…)

Reporting serious incidents, complaints and wrongdoing

Posted on: November 9th, 2018 by Sarah Case No Comments

What should you do when something goes wrong in a Charity, what needs to be reported and who can make reports?

New guidance has been issued for reporting serious incidents – our charity accounting specialists have created a summary of the key points whether you are a member of the public, employee or volunteer or trustee. Please click here to read more.

Charity Taxation

Posted on: November 7th, 2018 by Claire Thompson No Comments

From April 2019, the Government will introduce measures to reduce administrative burdens on charities. These include: (more…)

Conflicts of Interest

Posted on: November 6th, 2018 by Sarah Case No Comments

In month eleven of our publication 11 Key Steps for Trustees, 1 Giant Leap for your charity we are shining the spotlight on ‘Conflicts of Interest’.

Making sure that a charity meets its charitable aims is key – and one part of this is making sure that all trustees act only in the charity’s best interests – in fact they have a legal duty to do so! (more…)

Fundraising

Posted on: October 1st, 2018 by Sarah Case No Comments

In month ten of our publication 11 Key Steps for Trustees, 1 Giant Leap for your charity we are looking at charity fundraising.

Fundraising is getting more difficult as there are more and more demands on donors’ income levels.  Charities are having to be more creative in the fundraising that they undertake, but trustees need to consider the risks involved, particularly in the light of recent legislative changes. (more…)