Category: Not for Profit

The Financial Review section of the Trustees’ Annual Report (TAR) brings the numbers to life.

For many charities, VAT feels like a problem best avoided — especially when income is largely from grants or donations. But if your organisation starts trading, even modestly, you might wonder whether registering for VAT voluntarily (before reaching the £90,000 threshold) could help you reclaim costs.

For independent charities, the Achievements and Performance section of the Trustees’ Annual Report (TAR) is more than a regulatory requirement. It’s an opportunity to demonstrate the charity’s impact and accountability to funders, beneficiaries, and the public.

A well-crafted Trustees’ Annual Report (TAR) is vital for demonstrating a charity’s purpose and impact. The Objectives and Activities section of the report offers a window into why the charity exists and how it delivers value to its beneficiaries.

In today’s world, environmental consciousness is no longer just an ethical choice – it’s a strategic advantage.

A well-structured Trustees’ Annual Report (TAR) is essential for ensuring transparency and accountability in a charity’s operations.

Corporate Social Responsibility (CSR) has evolved from a peripheral concern to a central pillar in corporate strategy and governance, driven by changing societal expectations, regulatory pressures, and the recognition of its long-term benefits. Initially viewed as a philanthropic endeavor, CSR is now seen as integral to sustainable business practices.

The Charity Sector is a usually a wonderful environment full of opportunity and positive values, bringing together likeminded individuals for a common cause.

Starting a business can be exciting, but it can also be a bit overwhelming with all the different types of companies out there, for example commercial trading companies and community interest companies (CIC) to name just two.

Draft legislation has now been published to end the VAT exemption for private school fees. This has caused quite an emotional response from both parents and governors on both sides of the argument, but let’s take an unbiased look at the changes afoot.