Category: Charity

Comments Off on New Big Lottery £10m fund

New Big Lottery £10m fund

The Big Lottery Fund has launched the £10m Big Potential Advanced Fund. The new ‘Advanced’ route is an extension to Big Lottery Fund’s existing investment readiness programme; Big Potential. It will be supporting organisations at a more advanced stage in their social investment journey, looking to raise larger investments of over £500,000 as well as … Continued

Comments Off on New consultation on the Charities SORPs

New consultation on the Charities SORPs

A new consultation on three different matters as set out below that affect the SORPs opened on 18 June and will last 3 months to 18 September 2015. Charities SORP (FRS 102) Due to changes in UK-Irish Generally Accepted Accounting Practice the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) … Continued

Comments Off on New fund for community-led charities and social enterprises

New fund for community-led charities and social enterprises

Looking for finance to grow your services and become more sustainable? Small community-led organisations based in the North West or South West of England can now apply for up to £30,000 from the new First Steps Enterprise Fund. The fund is offering loan-grant packages to charities and social enterprises working in these communities to help them … Continued

Comments Off on A third of charities’ annual accounts are of unacceptable quality

A third of charities’ annual accounts are of unacceptable quality

A third of charities’ annual accounts are of unacceptable quality and two-thirds of charities fail to formally report on the public benefit they provide in their annual reports, according to the Charity Commission. The regulator has today published two reports based on a random sample of 107 charities’ most recent annual accounts, covering the latest … Continued

Comments Off on Law Commission consults on 40 proposed changes to charity law

Law Commission consults on 40 proposed changes to charity law

The Law Commission has proposed 40 changes to charity law and asked for views on a further 57 issues where it feels there may be a need for reform, in a consultation document released last week. The Technical Issues in Charity Law a Consultation Paper, produced in consultation with organisations across the sector, offers proposals … Continued

Comments Off on Free Student (Community) Research for Voluntary & Community Organisations

Free Student (Community) Research for Voluntary & Community Organisations

It is that that time of year when Interchange is looking for new project proposal ideas from VCOs and not-for-profit organisations within Greater Merseyside for our University of Liverpool Students for September 2015. Interchange is a registered charity based in the University of Liverpool that connects students in Higher Education with local Voluntary and Community … Continued

Comments Off on Charity audit threshold to double to £1m

Charity audit threshold to double to £1m

Following a consultation period the government has said that it will go ahead with plans to double the audit threshold for most charities from £500,000 to £1m, making up to 4,000 charities exempt from audit requirements. The government said changes will come into effect on 31 March, 2015. In summary the changes will: increase the … Continued

Comments Off on Care and support – changes from 1 April 2015?

Care and support – changes from 1 April 2015?

The Care Act introduces new responsibilities for local authorities. It also has major implications for adult care and support providers, people who use services, carers and advocates. From 1 April 2015 there will be: A new national standard for assessing care needs. More support for carers Changes to deferred payment agreements for care home costs. … Continued

Comments Off on Charity Commission launches tool for third parties to submit charity accounts

Charity Commission launches tool for third parties to submit charity accounts

The Charity Commission has launched a digital service that allows a charity’s accountant or other nominated agent to submit accounts on behalf of their client charity once finalised. Filing online is a quick, easy process that enables a charity’s profile to be updated overnight. Charities must use the existing change your charity’s details service to … Continued

Comments Off on Cabinet Office consults on raising the audit threshold for charity accounts

Cabinet Office consults on raising the audit threshold for charity accounts

The government has launched a consultation on raising the audit threshold for charity accounts from £500,000 to £1m a year. The Cabinet Office consultation, relates to the rules for charities in England and Wales. It says that the proposed changes would result in an estimated 3,800 charities becoming exempt from the requirement for a full … Continued