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- Joined in
- 2021
- Superpower
- I can build laptops out of wood
- Kryptonite
- I'm afraid of my old school teachers
- I can help you with
We have the capes but you are the real superheroes
and corporation tax returns
of bean-counting superheroes
our side-kicks
Spend more time making a difference in your not-for-profit organisation
We assist charities in making a positive impact on the world. We understand that you're focused on creating change and don’t want to be overwhelmed by financial management. That’s where our expertise in accounting for charities comes in!
Discover how our charity accounting services can help support your organisation’s growth and mission.
Always adapting to any issues that arise and ensuring that the job is done right has removed a significant weight off our shoulders.
Tim Pilkington
COO, Home For Good
At Finance Box, we understand that charity accounting is more than just numbers; it's about making a difference in the world. Our team is dedicated to supporting your charitable organisation in achieving its goals through sound financial management.
When you choose Finance Box as your accountants for charities, you're choosing a partner who is committed to your mission. Let us handle the financial intricacies while you focus on making a positive impact in your community and beyond.
Contact us today to learn more about our specialised charity accounting services and how we can help your charity thrive. Together, we'll make a meaningful difference in the world.
Understanding what makes non-profit accounting different from other businesses is critical.
Our expertise in charity accounting means our accountants are well-versed in the intricacies of charity accounting, including compliance with the latest regulations and reporting standards. We have a proven track record of assisting charities of all sizes and types.
We recognise that every charitable organisation has its own financial goals and challenges. Our services are customised to address your specific needs, ensuring your financial strategy aligns perfectly with your mission.
For most businesses, there’s only one type of sale but a charity’s donations are affected by factors like gift aid and intended purpose. This makes recording your income more challenging. Despite the differences, recording your charity’s income accurately and on time is just as important as it is for other business types - if not, more!
For a charity, there are fewer expectations attached to a donation so often less care is taken to minimise spending. Charities don’t usually budget as well as other businesses but they should. Take care of your donations as if they were your own finances and you’ll be better off for it. As your charity accountants, we offer invaluable advice to help you achieve this.
An important distinction to make when accounting for charities is the intended purpose of donations. You need to be clearer about what a donation will be used for to avoid confusion. This is a difference we call restricted vs unrestricted funds. We can help you flag any changes to make if you’re not categorising funds properly as your charity’s accountants.
While other businesses now benefit from a new, streamlined registration process, most charities must follow the old one. Unless you’re CIO-registered, this means you probably have to report to both Companies House and The Charity Commission. As they use different report criteria - you need to create two reports. We make reporting simple and quick to minimise stress and time.
Accounting software isn’t made for charities and trust us, we’ve tried to make it work. Unfortunately, this makes our job a bit more difficult but it’s a challenge we’ve overcome time and time again. With our app ecosystem, we can custom-build a system that works for you. There aren’t many accountants for charities that can give you such an in-depth software package.
Our team is dedicated to providing charity accounting services for all your charities needs. From automating mundane processes, digitising accounts, and handling your bookkeeping, we can help you streamline your operations and get back to your core competencies.
Additionally, we can assist you in taking steps towards paperless operations as part of our effort to provide holistic and sustainable support for your charity.
In this blog, we’ll dive into the intricacies of charity accounting and why specialist knowledge is essential to properly preparing charity accounts.
At Finance Box, we believe that effective financial management is the foundation of every successful charity, and we’re here to be your superhero sidekick in achieving it.
In the dynamic universe of nonprofit management, cash flow is the unsung hero, ensuring not just survival but the capacity to thrive and respond to unexpected challenges. Yet,...