The Charities Act 2009, when fully implemented, will require financial reporting by registered charities to the Registrar of Charities. It is expected that the Registrar will specify a format of financial reporting by charities and, if so, that format is likely to follow the format specified in the UK – Accounting and Reporting by Charities: Statement of Recommended Practice (revised 2005) – commonly referred to as SORP for charities.

We at Collins O’Brien appreciate that most charitable organisations are run by volunteers who may not be fully aware of the statutory requirements required by the Charities Acts. Therefore we are here to help our clients to :

• Establish simple and effective accounting systems.
• Establish Internal Control Systems.
• Prepare the annual accounts for filing with the Companies Office.
• Prepare accounts for the AGM in a format that is readable for all members.
• Meet deadlines with the CRO
• Advise of management of the organisation.

Many of our team are involved in voluntary organisations of one type or another and we appreciate the work that is involved. We actively promote charities whenever possible and it is our general policy to discount fees for Charitable Organisations by 50 %.