Charity and not-for-profit
At UNW, we understand that for many charitable and not-for-profit organisations, their financial affairs are usually secondary to supporting beneficiaries and ultimately achieving their aims.
It is vital, however, to have the right governance, management information and systems in place to keep track of finances as it will not only impress commissioners and funders, but also support the decision-making process and instil confidence in a well-governed organisation.
The charity and not-for-profit sector is hugely diverse and like any business, the needs and priorities will inevitably differ from one organisation to another. We have worked in the sector for several years and we have developed a range of services specifically tailored for charity and not-for-profit organisations.
UNW’s Accounting Services team can support you with your day-to-day accounting needs such as bookkeeping and payroll processing, and has the capacity to offer a fully outsourced finance function if required, while support and advice on all your tax affairs is covered by our wide range of tax specialists. Clients for this service include Great North Air Ambulance (GNASS) and Children’s Heart Unit Fund (CHUF).
The Corporate Finance team at UNW is well-placed to help create a business plan or financial forecast to support a funding application, while our Strategic Talent team has deep knowledge and experience in sourcing and placing trustees on charity boards.
We have an established audit and independent examination service specifically tailored to the charity and not-for-profit sector to help you meet the required compliance and financial reporting standards.
We also provide tailored governance advice on issues such as risk management and strategic planning.
HMRC has announced that the introduction of significant amendments to the VAT rules for construction services, known as ‘domestic reverse charge’ accounting, have been delayed for 12 months until 1 October 2020.
Newcastle-based chartered accountancy and financial advisory firm UNW has provided support to The Alnwick Garden across a wide range of services. Most recently, this has been during the development of their Lilidorei Play Village, a project which will see the organisation launch the world’s biggest wooden play structure. We spoke with Mark Brassell, Director of The Alnwick Garden, about their Lilidorei project, as well as the organisation’s involvement with UNW.
SJOG Hospitaller Services has enjoyed growth over the past nine months following the appointment of an entirely new executive team,
HM Revenue and Customs (HMRC) has published the latest advisory fuel rates, to apply from 1 September 2019. The new