UK Charity Accounting Specialists

Online Charity Accounts & Independent Examination Services

At Taxwise Accountancy, we understand that managing finances for a charity requires expertise, precision, and adherence to strict regulations. We specialize in providing online charity annual accounts and independent examination services for all types of charities across the UK.

With a proven track record, we ensure your financial records align with the Charity Commission's guidelines and the Statement of Recommended Practice (SORP). Whether you're a small community group or a large charitable organisation, our services are tailored to help you maintain transparency, accountability, and trust with stakeholders and donors.

Qualified Accountants
SORP Compliant
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Charity Accountants Accreditations

Taxwise Accountancy provides expert accounting services for charities registered with Charity Commission. Our online accountants hold qualifications from reputable organizations such as ACCA, AAT, and IFA.

ACCA Approved Accountants

ACCA

Approved Accountants

IFA Institute Financial Accountants Member

IFA

Institute Financial Accountants Member

AAT Association Accounting Technicians Licensed

AAT

Association Accounting Technicians Licensed

Understanding Charity Accounts in the UK

The UK has stringent rules governing charities to ensure ethical financial management and protection against misuse. All charities must prepare accounts and annual reports that meet legal requirements.

Types of Charities in the UK

Charitable Incorporated Organisations (CIOs)

Legal entities with limited liability for trustees. Must follow SORP and submit accounts to the Charity Commission.

Charitable Companies

Registered both as charities and companies, subject to dual regulation by Companies House and the Charity Commission. Requires compliance with both company law and charity law.

Unincorporated Charities

Informal organisations or small charities with fewer regulatory requirements but still need proper financial oversight.

Charitable Trusts

Managed by trustees holding assets for specific charitable purposes, often needing detailed financial records and reporting.

What Records Should Charities Keep?

Charities must maintain clear and comprehensive records to ensure compliance with the Charity Commission's guidelines:

Income Records

Donations, grants, and other revenue sources, with evidence such as receipts or funding agreements.

Expenditure Records

Invoices, receipts, and expense logs to track how funds are used.

Bank Statements and Reconciliations

Regularly updated financial records for transparency.

Asset and Liability Records

Details of owned assets, leases, and debts.

Meeting Minutes

Decisions made by trustees, including financial and operational approvals.

Common Questions

Frequently Asked Questions

Get answers to common questions about charity accounts and independent examination

What is an independent examination, and when is it needed?

Do you offer services for small charities with limited budgets?

What happens if charity accounts are not prepared according to SORP?

Can your services help prevent money laundering risks?

Still Have Questions?

Our expert charity accountants are here to help you with any queries

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Contact Our Accountant for Charity Annual Accounts

Get professional online charity accounts and independent examination services. Our expert accountants ensure full SORP compliance for all types of UK charities.

Charity Accounts
Specialists
Qualified Accountants
SORP Compliant

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We typically respond within 24 hours

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Dedicated Accountant

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