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Filtered By Category: Charities

Dec 6 2019

Gift Aid – are you maximising claims on fundraising activities?

Categories: Charities

Charities need to know whether or not Gift Aid can be claimed on donations received from fundraising events to ensure that they maximise their income and to avoid making claims on any ineligible donations. Whilst there is a need for charities to understand Gift Aid requirements, such as receiving a valid declaration, this article will more

Oct 24 2019

The first steps to protecting your charity against internal fraud

Categories: Charities

You may be surprised to read that fraud in charities is an underlying problem. Higher profile cases such as Birmingham Dogs Home, where the chief executive was imprisoned for stealing £650,000 from the charity, are thankfully few and far between. The majority of chief executives and Trustees enter the charity sector to make a difference more

Aug 14 2019

Helping bring the 2nd Kirriemuir Scout Group into the digital age

Categories: BookkeepingCharitiesTechnology

Scouting, or the Scout Movement, is a registered charity which attracts many young people worldwide, including Richard Branson, Barack Obama and David Beckham as previous members. Currently there are 450,000 young people in Scouting, spread across five sections: Beaver Scouts, Cub Scouts, Scouts, Explorer Scouts and the Scout Network. Each section has its own balanced programme more

Jun 25 2019

Increase to charities’ small trading exemption limits

Categories: Charities

From 6 April 2019, HMRC increased the small trading tax exemption limits for 2019/20. The exemption allows charities, who have trading income not relating to their primary purpose, to still be exempt from paying tax, providing they meet the annual income criteria. The previous limits were: The new limits from 6 April 2019 are: These more

Apr 19 2019

Going the Extra Mile

Categories: Charities

Sometimes juggling the financial and operational side of your charitable organisation, whilst dealing with lots of other things in your life, is not easy. We believe in taking away the hassle, giving you the chance to focus on running your charity – that’s why we offer our charities clients a complementary service line. In addition to more

Mar 22 2019

What should be in your Trustees’ Annual Report?

Categories: Charities

As a trustee of a Scottish charity, one of your legal requirements is to prepare a Trustees’ Annual Report (TAR) for inclusion in the annual accounts. This report makes up the narrative part of your accounts, addressing the questions: who does your charity help? What has the charity done? What has been achieved? So rather than viewing more

Feb 19 2019

A brief introduction to understanding charity accounts

Categories: Charities

By Law, charities need to produce clear and accurate sets of annual accounts, which is the responsibility of the Trustees. The Scottish Government produced accounting regulations that set out how charity accounts must be prepared and these are monitored by The Scottish Charities Regulator (OSCR). Charity accounts can be more onerous than those prepared by more

Nov 20 2018

A sincere thank you for your continued support!

Categories: CharitiesEQ News

As the end of our year of fundraising draws near, we reflect back on our continued fundraising efforts for our charity of the year – Maggie’s Centres – and want to take this opportunity to say thank you for the continued support, especially after the success of our recent EQ Charity Ball! We were overwhelmed by more