Budget 2021 – what is the outlook for charities?

On 3 March 2021, the Chancellor extended coronavirus support measures and outlined a series of measures aimed at supporting the rebuilding of the economy post-COVID. But what were the key announcements for civil society organisations and their beneficiaries?

Going concern - Assessing financial resilience in turbulent times

What should charities be considering when they prepare their annual accounts?

COVID-19 implications for charity accounting – updated guidance

Read ICAEW's recently updated guidance.

How to ensure a charity’s financial sustainability during COVID-19

13 January 2021: COVID-19 has increased demand for charity services while impacting revenue-raising opportunities. Helena Wilkinson, Head of Charities at Price Bailey, suggests the impact is likely to be even greater in 2021 and outlines actions charities can take to manage financial sustainability.

Keep your charity safe

New helpsheet for charities on keeping themselves safe in the pandemic and beyond, issued in December 2020 by the Fraud Advisory Panel, the Charity Commission, the National Cyber Security Centre and others.

The Kruger report

The Kruger report recognises the contribution of charities and volunteers in the support of communities during the COVID-crisis and sets out 20 recommendations for a new social covenant.

Going concern of trading subsidiaries

The COVID-19 pandemic may place subsidiaries in financial difficulty, leading to a greater need for letters of support.

Charity begins at home finding positives in a pandemic

How has charity auditing and financial reporting been affected by COVID-19? Sudhir Singh discovers that the pandemic could lead to improved quality of the remote audit as parties.

Charity retail in recovery

Shop closures during lockdown left a hole in charities’ budgets, but continued rate reliefs and an extension to the retail grant scheme would help charity shops recover.

Helping charities, NGOs and not-for-profits stay safe

20 October 2020: Heightened levels of uncertainty combined with the hugely increased number of people working from home has created a perfect storm for fraudsters in the charity world, reports Mark Blayney Stuart.

Guidance for Independent Examiners during COVID-19 or in a time of national emergency.

Guidance issued jointly by the UK Charity Regulators to assist Independent Examiners with some of the considerations that may arise due to the impact of the COVID-19 virus. Covers restrictions on access to records; access to those in management and control of the charity; risk factors; implications for the examiner's report; sign off and filing of accounts.

Coronavirus: financial reporting issues for Charities

This update considers the potential impact of COVID-19 on the yet to be published annual reports and financial statements of charities.

COVID-19 control measures and financial reporting by charities

Guidance for trustees and preparers of charity accounts produced by the SORP-making body. The briefing highlights the potential impact of control measures to contain COVID-19 on financial reporting by charities and discusses the implications for trustees' annual reports, going concern and the alternative basis to going concern when preparing accounts under the Charities SORP.

Filing charity annual returns during the coronavirus pandemic

Any charity that needs an extension to their annual return deadline can contact the Charity Commission to ask for one.

Chancellor sets out extra £750 million coronavirus funding for frontline charities

Charities across the UK will receive a £750 million package of support to ensure they can continue their vital work during the coronavirus outbreak, Chancellor Rishi Sunak has announced.

We stand with the sector

Statement and news from funding organisations and trusts regarding the coronavirus situation.

New emergency support fund announced to help community and voluntary organisations

The Greater London Authority and the City Bridge Trust have contributed £1m each to launch a new fund to support London’s voluntary sector.

Funding to tackle COVID-19 and its impact

This list features funding to help individuals affected, charities hit by a drop in income, and to support medical research into tackling or ameliorating the virus.

What funding is available to charities during the Covid-19 pandemic

Civil Society News has collated some of the funding being made available for charities during the Covid-19 pandemic.

Covid-19: Five key ways foundations are responding

A summary of some of the actions charitable foundations have taken in response to the COVID-19 emergency.

Top tips: board meetings during coronavirus crisis

Tips and resources for chairing an online meeting.

Governance and solvency: a coronavirus guide for public service mutuals and co-operatives

A quick guide for trustees and directors of public service mutuals and co-operatives concerned about solvency and wondering how to approach it in the immediate crisis caused by the coronavirus shutdown.

Charity trustee meetings – a coronavirus guide

This brief guide to trustee meetings aims to help you get the procedure right while procedures cannot be currently followed to the letter of the law.

Trustee training modules

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Six online training modules covering the duties, obligations, operational and strategic considerations of trustees.

Coronavirus information hub for charity tax and finance professionals

To support its members and the wider sector, Charity Tax Group has collated relevant guidance and announcements to inform charities during on Covid-19