Charity Commission launches new accounts templates for small charities

Aimed at trustees of charitable companies with incomes of less than £500,000, they have been developed with Companies House

Charity Commission
Charity Commission

The Charity Commission has today launched a new set of templates to help small charities prepare their accounts.

The accounts templates, which were developed in partnership with Companies House, are aimed at trustees of charitable companies with incomes of less than £500,000 a year.

The templates will help charities write their accounts and annual reports in accordance with the Statement of Recommended Practice and can be used for reporting periods beginning on or after 1 January 2015.

Paula Sussex, chief executive of the Charity Commission, said: "Our renewed focus on enablement is all about supporting trustees and charities to get it right first time. Working closely with our colleagues at Companies House, we have ensured that our templates contain the right information to meet the regulatory requirements.

"The public have told us that they expect charities to be able to accurately account for the funds that donors give so generously. This toolkit for charities will enable smaller charitable companies to submit accounts that meet the high standards that the public expect."

Tim Moss, chief executive of Companies House, said: "I am pleased that our partnership with the Charity Commission has produced these new resources for charities, ensuring that the public and donors can continue to be assured of high standards of company accounting."

He said Companies House would be exploring further opportunities for partnership and collaboration with the Charity Commission.

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