It was the “family-friendly vibe” that drew Charlotte Willmore to Wilder Coe in September 2010, as an aspiring audit trainee at the very beginning of her accountancy career. Now, Charlotte officially stepped into her new role as Audit Partner, joining Wilder Coe’s growing Senior Management Team on 1 October 2024. We had a chat with …
From Audit Trainee to Partner, we interview Charlotte Willmore Read More »
If you are a UK-registered charity, depending on your income or charity structure, you may need to file a charity annual return. You must file an annual return to the Charity Commission if your charity’s income is more than £10,000 or you are a CIO (Charitable Incorporated Organisation). The charity annual return must be submitted …
Every year, criminals target charities, NGOs and not-for-profits for cybercrime and fraudulent activities as they exploit the current global crisis. Charity fraud can occur in many forms and come from internal and external sources, such as fundraising, banking, tax and Gift Aid, properties and investments or charity identities. Trustees must manage resources responsibly and take …
Responsibility for overseeing the financial affairs of charities rests with trustees who must safeguard the resources entrusted to them. Charities and not-for-profit enterprises must operate effectively and to the highest financial and ethical propriety standards. Financial transparency is essential for an organisation that wishes to remain with the law but maintain public trust and …
Successful fundraising is critical to the mission of a charity. Not only do you need to ensure that you can raise the funds you need to deliver services and meet your goals, but you also need to ensure that the funds raised are used effectively. Poor fiscal management in the charity and not-for-profit sectors can …
There are charities for all kinds of issues and causes, from local to global, but all of them must comply to strict regulatory framework that governs their activities. The UK charitable sector is one of the largest and most vibrant in the world. It delivers a range of services to individuals and communities both here …
Many people in the UK have been involved in some form of voluntary activity in the past 12 months. Around a third of those people regularly volunteer with a charity or other similar organisation within their community. While many charities will have full-time staff, others will depend on volunteers. Most UK charities will use volunteers …
How can charities work effectively with volunteers? Read More »
The Charity Governance Code committee has set out several principles for charities in England and Wales. The Charity Commission states that “good governance is no longer an optional extra. It is essential to charities’ effectiveness and survival too.” As a charity trustee, you must be able to demonstrate that you take the principles seriously and can adapt, when necessary, the …
Your governance document sets out your charitable purposes and how your charity should be managed and run. It is a legal document that, in effect, works as your charity’s rulebook. It governs how you operate and acts as a guide for employees and other stakeholders. What does a governance document need to contain, and how …
Trustees fulfil a vital role in the charitable sector. They ensure that their charity has a clear strategy and how it works meets its goals and overall vision. Trustees act as ‘guardians of purpose’ and make sure that the decisions charity leaders make are made in the interest of their beneficiaries. What is required to …
