Charities and not for profit services
As charities & not for profit accountants and we understand what a challenge it can be to stay abreast of the latest regulatory changes affecting the third party sector.
Find out how we can help your charity or not-for-profit organisation by contacting lisa.weaver@thornewidgery.co.uk
How we support charities and not for profit organisations
Whether you require an independent examination or a full audit, as charities and not for profit accountants we can provide you with the level of support you need. We already assist a wide range of not-for-profits, from very small charities through to large organisations with multi-million-pound incomes.
We offer a proactive, collaborative approach, helping trustees and board members to get it right, rather than point out retrospectively where they’ve gone wrong!
We also understand that running a charity is very much like running a business and a lot of our charity clients appreciate the experience and proactivity we bring from our experiences in the commercial sector.
Charities & Not for Profit Accountants
Service Requirements
We will always promise to deliver on the following:
- A collaborative relationship where we become your trusted advisor.
- Proactive assistance with identifying and (where appropriate/requested) completion of all statutory returns to ensure you meet your statutory obligations.
- Advice and guidance in respect of the audit and commercial matters – helping you to stay up to date and improve for the future
- An audit team that is familiar with, and has experience in, the charities sector.
- A sounding board function (at no additional cost) – a phone a friend type arrangement. Giving access to senior members of the team at any time.
- Annual “virtual” attendance at the Trustees’ meeting where the financial statements and audit findings are discussed.
- A competitive fixed price.
- An adviser who can provide other services, if required
- An adviser who works with a variety of different charities and not-for-profit organisations
- An adviser who is experienced in both, on site and remote audit.
- An adviser who understands the implications of the wider economy
- A team who can offer support, training and advice where appropriate and relevant to the sector
Our services can include:
- Support to comply with all regulatory requirements
- Statutory audits
- Providing proactive advice – helping you to stay up to date in a sector where regulations are ‘fluid’
- Ensuring timely turnaround of accounts
- Delivering training/guidance for Trustees
- Grant Audit work
- Due Diligence Work
- Governance guidance and support
- Payroll support
- Taxation and VAT support
- Business Advice
Charities & Not for Profit Accountants
Here’s what our third sector clients have to say about us…
“I joined my current employer in November 2021 and met up with Thorne Widgery, our nominated auditors and accountants, soon after. The finance situation needed some resolving and fixing when I arrived and Thorne Widgery were excellent in supporting me in getting the systems to the place they are now. They are swift to respond, thoughtful in their advice, approachable and hugely professional. I would highly recommend them and will continue to use them for the foreseeable future. Their service is exemplary.”
“Thorne Widgery has given exceptional support to St. Michaels’s Hospice Finance Department. The team not only developed and manage internal processes to ensure continuity and high standards within the department, but has contributed greatly to further developing controls, reports and the chart of accounts. TW are actively involved in our audit process, the day to day management of accounts and are running the payroll.”TW are a diligent, helpful and professional team and have supported the Board of Trustees and Senior Management in addition to encouraging junior members of staff during a difficult period. The team have also engaged hugely with other departments, participating actively in wider elements of hospice life. It’s a pleasure to work with such professionals.”
Find more information about the help we can offer your charity or not-for-profit organisation, please contact lisa.weaver@thornewidgery.co.uk
To find our more about our Audit & Assurance services please click here.