Charity Accounting

An Accounting Firm For Special Organisations

Heading up a charity or non-profit organisation is an admirable, but difficult task. Essentially, different charities have their different missions and end goals, but one thing remains the same. This would be the desire to help others and leave the world a better place than they found it. However, charities still need to adhere to statutory regulations and that is where Accounts Fortress comes in. We love working with charities and truly admire the people who run them. Our specialised charity accounting services ensure that you can focus on what is important in your charity, while we take care of your finances.

At Accounts Fortress, we understand the difference that having professionals handle your financial department can make to a charity. Within these organisations, money is an extra sensitive topic and needs to be left in the care of experts. With our help, we will make sure that you are handling your financial department in the best possible way.

Expert Charity Bookkeeping and Accounting Services

As with all organisations, there are legislative requirements that have to be considered. This can be a tricky thing to do, especially if you are not used to this process. In our experience, this is even challenging to those who have been through the process. Not only will Accounts Fortress ensure statutory compliance, but we can also assist you with all other aspects of your financial department. This includes everyday bookkeeping, as well as preparing your annual accounts year round. This will ensure that we submit your annual returns and, in some cases, your annual charity tax, that these submissions run smoothly. Furthermore, any trustee reports will be prepared correctly.

Don’t let the legislative burden of running your charity get you down. Let Accounts Fortress take care of the nitty gritty for you! Additionally, if you are starting a new charity, we can help you with the CRA Charity Registration process to help your charity get going.

Helping Your Charity Stay Compliant

The unique nature of your charity's finances will determine which reports you will need to submit and when. Accounts Fortress will ensure that based on your specific charity, that the correct reports are submitted within the deadline times. However, the one thing that is standard throughout the industry, whether you are required to register with the Charity Commission or not, is the need to keep accounting records. Let us assist you to keep the necessary records of all donations, grants, pledges, membership fees due, fund-raising collections, investment income and other sources of revenue.

Reliable accounting and bookkeeping services are needed by organisations even when the end goal might not be quite the same as other businesses. In fact, reliable financial services are crucial to finance the day-today operations of a charity. Furthermore, your team will need to be compensated for their work done. Accounts Fortress has the right accountant for you that can help keep your charity on track. 

Unique Financial Services for Non-Profit Organisations

Having an expert charity accounting in your corner will help with the overseeing of your tax and financial obligations as a charity or non-profit organisation. Charities with a gross income of £25,000 or less for the financial year, are not legally required to undergo external scrutiny. However, those charities with a gross income of £1 million or less may select to undergo an independent examination in place of an external audit. This only applies when their gross assets do not exceed £3.26million and their gross income does not exceed £250,000. Furthermore, Accounts Fortress will help your charity financially in the sense that we can help you to identify potential areas of increasing your raised funds. 

Get in touch with Accounts Fortress if you need an expert charity accountant to aid with annual accounts and reports, preparation of tax returns, legislative compliance or CRA registrations. No need to keep wondering; who are the best charity accountants near me? With our accountants, you can rest assured that your charity is in good hands.