Sorp 'does huge damage to the smaller charities'

By Helen Warrell, Third Sector, 28 February 2007

Charities are still having difficulty adjusting to the requirements of the 2005 Sorp, according to some accountants.

"The regulations do nothing to help charities, particularly smaller ones," said Richard Reeves, a retired chartered accountant and treasurer for a Methodist Church circuit that includes 17 parishes. "For the little old ladies and retired gentlemen who have been involved for a long time in trusteeship, this need to fill...