Charities
Accounting Services That Work for You.
comprehensive Charity serviceS
Charities
Our charity team takes care of all your compliance needs with the Charity Commission and Companies House, so you can focus on your vision. We handle your accounts to meet compliance requirements and ensure your Gift Aid claims and tax benefits are maximized. Join us on a journey where financial success blends with strong support, nurturing rewarding charitable initiatives.
Our charity team takes care of all your compliance needs with the Charity Commission and Companies House, so you can focus on your vision. We handle your accounts to meet compliance requirements and ensure your Gift Aid claims and tax benefits are maximized. Join us on a journey where financial success blends with strong support, nurturing rewarding charitable initiatives.
Our comprehensive Charity service includes
Charity accounts are complex and require accountants who understand the charity sector. At Skyrock Accountants, we have specialist charity accountants who will prepare your charity accounts, ensuring they comply with the Charity SORP. Our comprehensive charity accounting services include:
- Detailed financial statement preparation
- Independent examination (where applicable)
- Compliance with all SORP regulatory requirement
Starting a charity can be an exciting journey. At Skyrock Accountants, we can help you achieve your charitable goals by advising you on the correct charity structure, assisting with the application process, and setting up all the necessary accounting systems. Let us guide you through every step of the charity registration process to ensure a smooth and successful start.
Maximizing Your Gift Aid Potential
As a charity, you have the opportunity to boost your donations significantly through the Gift Aid scheme. For every eligible £1 donation, you can claim an additional 25p from HMRC, making each pound go further for your cause. This can greatly enhance your cash flow and support your charitable activities.
Our Services
Gift Aid Registration
- We assist charities in registering for Gift Aid with HMRC, ensuring eligibility to claim 25% on all qualifying donations.
- Preparation of Gift Aid Claims
- Our service guarantees efficient and precise preparation of Gift Aid claims. By managing this in-house, you avoid the need to allocate a percentage of donations to external platforms, preserving your funds for direct impact.
Gift Aid Set-Up
We guide your charity through the complete setup and management of Gift Aid claims, including:
- Assessing donation eligibility
- Establishing Gift Aid declarations
- Registering your charity for Gift Aid status
- Implementing robust record-keeping systems
- Providing essential templates for seamless operation
Gift Aid Consultancy
Our consultancy services include comprehensive health checks and reviews of your existing Gift Aid processes and tax-efficient giving strategies. Benefits include:
- Ensuring compliance with Gift Aid regulations
- Improving internal procedures for optimal efficiency
- Evaluating fundraising activities and recommending enhancements
- Access to expert guidance for Gift Aid inquiries
- Continuous training and updates on Gift Aid legislation
Why Choose Us?
Many charities miss out on significant Gift Aid claims each year. By partnering with us, you can maximize your Gift Aid potential, effectively managing your finances and amplifying your impact in the community.
An independent examination is required for charitable organizations whose annual income exceeds £25,000 but does not surpass £1 million, provided their gross assets (fixed assets plus current assets) are £3.26 million or less (below the audit threshold).
At Skyrock Accountants we offer independent examination services for charities. Our expert team will:
- Conduct a thorough review of your financial statements
- Ensure compliance with all Charity SORP
- Provide detailed examination reports
- Offer guidance on enhancing financial governance and transparency
Our independent examination services help maintain your charity’s financial integrity and accountability, fostering trust among donors and stakeholders. Contact us today to ensure your charity meets all regulatory requirements and operates with financial excellence.
As a charity operating in the UK, it is mandatory to submit your annual return within 10 months from the end of your financial year. For instance, if your financial year concludes on 31st December, your submission deadline would be 31st October of the following year. Ensure compliance with Charity Commission regulations by submitting your annual return on time. Skyrock Accountants can assist you in meeting these deadlines seamlessly, allowing you to focus on your charitable activities with peace of mind.
Giftaid
We offer expert Gift Aid services to help your charity or non-profit organization maximize its donations.
Our services include:
Registration Support
Assist with the registration process for Gift Aid with HM Revenue & Customs (HMRC).
Claim Preparation
Prepare and submit Gift Aid claims on your behalf, ensuring all eligible donations are accounted for correctly.
Compliance Advice
Provide guidance on Gift Aid regulations and best practices to ensure ongoing compliance and optimize your claims.
Let us help you unlock the full potential of Gift Aid to boost your fundraising efforts. Contact us today to find out how we can support your charity’s financial growth.
