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Filtered By Category: Charities

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

Nov 14 2018

We raised £16,000 at our EQ Charity Ball in aid of Maggie’s Centres!

Categories: CharitiesEQ News

We are thrilled to announce that we have managed to raise almost £30,000 for Maggie’s Centres this year, with our latest fundraising effort, a celebratory Charity Ball at the weekend. Around 170 guests attended our first Charity Ball at Dundee’s Apex City Quay Hotel and Spa on Saturday 10 November 2018. With a silent auction, raffle and more

Sep 14 2018

Updated HMRC guidance on grants versus consideration for a supply

Categories: Charities

One contentious area in the world of VAT is the treatment of funding received by charities. This matters because grant income is non-business in nature and outside the scope of VAT. Thus, no VAT will be payable but there may also be VAT recovery implications. On the other hand, if the funding is consideration for more