Category Archives: Charities & Social Businesses

We help charities and social businesses by providing advice, support and reassurance that all the financial aspects are well-managed, allowing you to focus on your important work.

Areas we assist charity clients:

A Picture of Martin Bailey - Partner

For those agreements that fall within the grey area, treating something as a contract when it should be treated as a grant could mean that income is significantly understated in a charity’s accounts. This could be the difference between being subject to audit or not, and may distort figures provided as part of funding applications.

Grant or contract – accounting treatment

- mbailey@goodmanjones.com

Posted on 21st March 2017

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A Picture of Martin Bailey - Partner

Most importantly, make sure there is a purpose to the process – for example, don’t just keep a risk register because it is seen to be the right thing to do. If it is viewed as a box ticking exercise, then it may be time to consider a new approach to risk management and how this can work for your organisation and be of benefit.

Charity Trustees’ Responsibilities – Part 3 – Board of Trustees

- mbailey@goodmanjones.com

Posted on 16th March 2017

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A Picture of Graeme Blair - Partner

HMRC are proposing introducing special procedures for partnerships, jointly owned property and sub-contractors in the construction industry whereby one person is made responsible for providing information which will then automatically be added to the individual partner’s/joint property owner’s/ sub-contractors digital account.

Making Tax Digital: Bringing business tax into the digital age

- gblair@goodmanjones.com

Posted on 29th September 2016

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