Admin, Ops, IT & Finance Community / Finance

The place for those who work in charity admin, ops or finance. 📊 Share your recommendations, helpful resources and experiences.

406 posts

Hello, I am currently in the process of setting up a charity as a CIO and I am wondering how to get a bank account as all the charity accounts seem to need you to already be registered to get an acco...
Jadesola Ayoola
Hi, we want to invest some of our funds, but when we have asked investment managers we have found that they have a minimum of £150K to 1,000,000. Does anyone know of a way to invest with a smaller bu...
Henry Roehl
We are a small non-profit charity. We have an accountant who completes and submits our accounts on an annual basis to the charities commission, but we require an easy to use free accountancy package...
Elaine Hockey
Hello all Can someone advise on a bank account for a CIC please.  I am getting nowhere! Thanks
Greg St. John
This question is from a member of our community that wishes to remain anonymous: We are a charity that follows SORP for the annual accounts. This year, for the purposes of quarterly management accou...
Ocean King
Hi All We are an unincorporated charity association looking to register with charity commission. Our last application was rejected, it needed some improvement before resubmitting. By the time we got...
Peace Garden
We're looking for a part time finance/ course administrator to start immediately and will need agency staff to help us while we recruit. Any agency recommendations very much appreciated!  Thank you.
Rebecca Eaves
I'm looking for some accounting advice. The small charity of which I'm treasurer has (last year) "converted" into a CIO, that is we created a new entity and have transferred all the funds and operati...
Phil Rowcliffe
Hello We are a small award winning charity that provides complex projects for paediatric and adult projects across 6 NHS Trusts. We are expanding and need both bookkeeping support and strategic finan...
Suzanne Ruggles-Redhead
Hi all, What's considered best practice with account signatories?  We're moving banks and I'd assumed we'll put all 5 trustees as signatories as that helps if some people are unavailable. But then I...
Edward Bainton
We are looking for preloaded debit cards for our volunteers to use. Anyone out there with knowledge and experience, and any recommendations? Thank you
Jenny Davison
Hi, I know that when a group is reaching £5k + a year in income they need to register with the Charity Commission.  However, is this Gross or net? Does this income include everything that comes in to...
Sally Jones
How can do you develop a budget and forecast future financial performance?
Silas Kemboi
Lloyds has just sent us 13 pages of US government form to fill, to establish that we're not tax resident in the US. Refers officiously to the U.S. Foreign Account Tax Compliance Act, as if it has jur...
Edward Bainton
This question is from a member of our community that wishes to remain anonymous: I'm registering with charity commission, when do I start keeping accounts for them, I'm finding the whole thing diffi...
Ocean King
Can you please recommend any payroll software packages ideal for a charity with 15 employees?
mwiza mkandawire
Hi there, we're a small charity, £125K income, but with so many different grant streams our Management accounts spreadsheet is getting overwhelmed! Projects funded by multiyear grants of different le...
Maniprabha nolastname
This question is from a member of our community that wishes to remain anonymous: Can a supplier of services to our charity issue an invoice including VAT to us whilst they are waiting for their VAT...
Ocean King
This question is from a member of our community that wishes to remain anonymous: Can anyone recommend a third party provider to deal with the surcharges/VAT on posting publications to the EU from th...
Ocean King
As a small CIC we have not been in a position to give up the other job due to instability , lack of funding. Lots of the admin/ fundraising  work has been voluntary. We have been paid for running ses...
Lorraine Trowers
This question is from a member of our community that wishes to remain anonymous: Our CIC has been running for 5 years with an amazing impact on local community, and is managed by three directors, on...
Is an unincorporated charity association obliged to report annual income and expenditure report to charity commission if its over £5k (the threshold required to register as a cio) we are in process o...
Peace Garden
Can anyone please recommend a bank or banks for non-profits?
joanne bartlett
Hi everyone,  I need to find a very simple payment software that allows us to accept card payments from our clients.  Wish list would be: - setup recurring payment requests - send payment reminders -...
Debbie Holden
Good afternoon all, I would like to ask a query concerning bank account verification systems. I'm currently working with a grant giving organisation and we want to employ a system that checks if bank...
Joselyn Secker
We are really struggling with VAT submissions - so difficult to follow. Even our paid Accountant can't help. In summary, it looks like we will now get a £200 fine this time for being late and also an...
Lynne Haywood
I would appreciate if I can get ideas for soft skills required to build the capacity of a CA finance person in the Charity or the NGO space. Thanks
I have an unregistered charity about to apply for registration. I have been advised in the meantime to get a protected fund under an existing registered charity. Please can anyone help me with these...
We're a small charity with a current account and we want to open a deposit account to gain a little interest. The bank want us to have a trilateral document completed by a solicitor or an accountant....
Joy Gascoigne
Hi all! I'm trying to get the hang of managing PAYE and tax deductions for my small business, but I’m not sure where to start. I’ve heard a lot about making sure you’re compliant with HMRC, but it’s...
drake samanta
{{item.Title}}
{{item.ContentSummary}}
{{item.CreatedByUser.UserProfile.FullName}} {{item.LastRepliedByUser.UserProfile.FullName}} replied {{item.LastCommentDateCreatedToBeDisplayed}}
Nothing to see here! Didn’t find what you were looking for? Try a different search term That’s all folks!