slb@hawsons.co.uk Gift Aid is one of the most straightforward ways to increase your charity’s income, but it’s surprising how often it’s overlooked. For every £1 donated by a UK taxpayer, you could be potentially claiming an extra 25p as tax relief from HMRC. Whether...
On Friday 11th July, we hosted our latest edition of our annual charity football tournament as part of our Master Cutler's Challenge attempts. This year's chosen charity is Sheffield Hospitals Charity, Dementia Appeal. The tournament was a huge success once again!...
Over the past few weeks, staff at Hawsons have been stepping away from their desks, and giving back to the local community by volunteering at a local animal sanctuary! Each day a group of staff headed down to Thornberry Animal Sanctuary, a rescue centre based in South...
Charity accounting in the UK is based upon Financial Reporting Standard (FRS) 102 which is subject to periodic review every five years. The latest revision to FRS 102 was published in March 2024. The Charities Statement of Recommended Practice (SORP) provides...
Recent research from the eighth quarterly VCSE Sector Barometer from Pro Bono Economics has found that only 37% of charities have what they consider to be a complete board of trustees. This means that 63% of charities have an incomplete board of trustees at the time...
The development of the first International Non-Profit Accounting Guidance (INPAG) for non-profit entities has progressed into a third and final consultation. Currently, no international accounting guidance exists for non-profit organisations. What issues does...
A recent analysis by Pro Bono Economics (PBE) has found that rates of formal volunteering have reached an all-time low as 40% of charities report that volunteering numbers have been insufficient to enable them to meet their main objectives in the last 12 months. Small...
Navigating the financial landscape can be complex, especially when it comes to managing accounts for different types of organisation. While both business and charity financial reporting is essential for their respective entities, they serve distinct purposes and...
The role of a charity trustee One of the biggest challenges for charities and trustees is determining where trustee involvement should begin and end. This is particularly important for small and growing charities. It is also important to clarify the differing roles of...
The Importance of Diverse Funding In the UK, charities play a key role in supporting communities, addressing issues within our society and changing people’s lives for the better. But for charities to be able to deliver these vital services they need to be able to...
The fundraising platform JustGiving has announced that over £550m was raised for nearly 20,000 UK Charities through their platform in 2023. This is based on data provided by JustGiving which was taken from 1 January to 15 December 2023. This data only related to...
On the 6th December, the Fundraising Regulator announced that it is looking to review a proposed increase to the Fundraising Levy in the charity sector for the first time since 2016. What is the Fundraising Levy? The Fundraising Levy raises the majority of the...