Displaying 1-10 of 41 results
Charities Statement of Recommended Practice (SORP) 2026
- Hub page
- 17 Jun 2025
The new Charities SORP (FRS 102) will come into effect for financial periods starting on or after 1 January 2026. Find out more about the changes and how charities might be affected.
Charities SORP
- Listing
- 28 Jul 2016
The charities SORP gives guidance on financial accounting and reporting for charitable entities. On this page you can access a range of articles, books and online resources providing quick links to the regulations, guidance and other key documentation.
Exclusive
Charities - financial reporting and scrutiny (England and Wales)
- Helpsheets and support
- 01 Nov 2012
Helpsheet providing guidance on financial reporting and scrutiny for charities in England and Wales, outlining requirements for accounts and external scrutiny. Explains when audits or independent examinations apply, based on size, law, and governing documents.
Exclusive
Charities - financial reporting and scrutiny (Scotland)
- Helpsheets and support
- 12 Oct 2018
Helpsheet providing guidance on the key requirements relating to the financial reporting and scrutiny of charities registered in Scotland.
Exclusive
Charities - financial reporting and scrutiny (Northern Ireland)
- Helpsheets and support
- 12 Oct 2018
Helpsheet providing guidance on the key requirements relating to the financial reporting and scrutiny of charities registered in Northern Ireland.
Don't wait for year-end: why charities should engage with the new Charities SORP now
- Article
- 30 Jul 2026
The 2026 Charities Statement of Recommended Practice (SORP) introduced important changes to financial reporting, but, for many charities experiencing funding pressures, implementation risks slipping down the priority list. With constrained resources and growing operational demands, it can be tempting to postpone preparation until the year-end accounts process begins.
Financial Review: how to report on reserves under the Charities SORP 2026
- Article
- 28 Jul 2026
As charities prepare for the implementation of the Charities SORP 2026, one of the most significant areas of change within the Trustees’ Annual Report (TAR) is the Financial Review section. For accounting periods beginning on or after 1 January 2026, trustees will face more rigorous requirements regarding how they define, calculate and report on their charity’s reserves.
Why small charities may increasingly switch to R+P accounts
- Article
- 12 May 2026
Recent changes mean that many smaller charities can reconsider whether accruals accounts remain the most appropriate option. From 30 September 2026, the income threshold for preparing accruals accounts in England and Wales will increase from £250,000 to £500,000. This change significantly expands the number of charities that can choose to prepare receipts and payments (R+P) accounts instead.
New financial thresholds: effective 30 September 2026
- Article
- 11 May 2026
Following an extensive consultation by the Department for Culture, Media and Sport (DCMS), a series of substantial increases to financial thresholds in charity law were confirmed in late 2025.
Spotting errors after filing – what you need to do next
- Article
- 09 Apr 2026
It’s an uncomfortable moment: a set of charity accounts has been signed, filed with the regulator, and published, only for an error to come to light afterwards. While not uncommon, these situations require careful handling.
Displaying 1-10 of 41 results
Practical information on the procedures and guidance to follow when preparing accounts and annual reports for charities.