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Introduction

Welcome to the February 2020 edition of Mitchell Charlesworth’s charity newsletter.

As reported in our Autumn newsletter, after the governance review of the Charities SORP, the review panel have taken swift action in announcing a major overhaul to the development of accounting rules.   The Charity Commission has also issued words of warning to the sector, in light of further fraudulent attacks with staff members being impersonated in order to secure bank payments.  

Charity Partner Philip Griffiths provides guidance on what makes a good Trustees’ Annual Report to be not only compliance with statutory requirements, but to improve public trust and engagement.

At the time of going to print we have just exited the EU.  As 2020 progresses we will learn more of the withdrawal agreement details and the continued challenges Brexit will pose for charities over the next 12 months.  Naturally we will keep you updated as to the potential ramifications on UK charities.

As always, we hope you find the topics in this edition informative.  If you have any suggestions for topics for inclusion in the future please don’t hesitate to get in touch.  If you have any questions about anything raised in this edition, or would like to arrange a meeting, please contact one of our Charity partners: