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Filtered By Category: Charities

Oct 7 2021

Understanding the benefits of Gift Aid

Categories: Charities

Gift Aid is a Government scheme that allows charities and Community Amateur Sports Clubs (CASCs) that are registered with HMRC to claim an additional 25p for every £1 donated, at no additional cost to the donor, providing certain conditions are met. To qualify for Gift Aid, donations must be made from individuals who have paid the same amount or more more

Jul 15 2021

The Kreston Charities COVID-19 Survey Report findings

Categories: CharitiesCOVID-19

The results from the survey carried out by the Kreston Charities Group, which includes our EQ Charities team, that act for over 2,000 charities across the UK, paints a mixed picture of the financial health of the charity sector but with a confident outlook for the future. The Kreston Charities COVID-19 Survey gave charities across the UK the more

May 25 2021

Is it time to use some of your reserves?

Categories: Charities

Every charity must have a reserves policy, which states the level of unrestricted reserves a charity has in place and the reasons why they are holding these funds in reserve. The policy tends to reserve sufficient funds to cover the operating costs of the organisation for a specific number of months, were there to be more

Apr 27 2021

Have your say in the Kreston Charities Group survey!

Categories: Charities

To help us understand the impact that the pandemic has had on your financial position and ability to deliver your planned objectives in the short-term, we are conducting a short survey. In order to get a more informed picture, our EQ Charities team are running the survey as part of Kreston UK, a network of more

Apr 14 2021

Audit & reporting for charities

Categories: Audit & ReportingCharities

As Chartered Accountants, audit, reporting and accounting forms a large part of our day-to-day activities. At EQ, we focus our attention on delivering significant value to clients through these services and not simply achieving compliance. We pride ourselves on working together, where you see us as an extension of your charity, gaining your trust and more

Mar 31 2021

Is it time to update your governing documents?

Categories: Charities

With the country having been in lockdown for over a year now, it has been a challenge for charity trustees to have their management meetings which are so important for the proper governance of an organisation. Fortunately, the ability to have virtual meetings has enabled many charity trustees to keep on top of their roles more

Aug 19 2020

Phase two of the Third Sector Resilience Fund

Categories: CharitiesCOVID-19

Due to the high level of demand, the Scottish Government pledged additional funding to support a second phase of the Third Sector Resilience Fund. As mentioned in our previous article, the Third Sector Resilience Fund is an emergency fund for charities, community groups, social enterprises and voluntary organisations working in Scotland who are facing financial difficulties, directly more