Background

Third Sector

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Ever since this firm was formed we have enjoyed a specialism in and deep interest about the third sector. Also known as the Voluntary Sector, this includes social enterprises, voluntary groups and registered Charities.

The latter client group have particular and specific accounting requirements and these have developed significantly over recent years with the introduction and progression of the Office of the Scottish Charity Regulator (‘OSCR’). As a result, Charities have a significant compliance requirement when it comes to their accounts.

Not only will we ensure these requirements are met, but we will bring and recommend best practice observed from across the sector. This will make your organisation stand out when, for example:

  • Applying for funding
  • Submitting accounts to regulators
  • Engaging with donors
  • Seeking voluntary trustees, staff or volunteers
  • Meeting financial monitoring requirements of funders
  • Preparing quality management information to ensure the efficient and effective running of your organisation

Sometimes charities are set up by people who are not accustomed to running their own business. We understand this, and we can help – by providing general advice and support, and by providing a complete accounting service at a lower cost than employing a full time member of staff.

Services to the third sector:

–  Choosing the right legal structure – SCIO / Unincorporated Charity / CIC / Normal company etc.


–  Support with your application for charitable status from OSCR

–  Implementing quality accounting systems which differentiate between unrestricted and restricted funding


–  Budgeting and integrated financial modelling to support funding applications


–  Accounting support including bookkeeping, preparing monthly management accounts and presenting these at board level

–  Accounting support including bookkeeping, preparing monthly management accounts and presenting these at board level


–  VAT and payroll advice


–  Charity independent examinations and accounts preparation

+ FORMATION

–  Choosing the right legal structure – SCIO / Unincorporated Charity / CIC / Normal company etc.


–  Support with your application for charitable status from OSCR

+ MANAGEMENT

–  Implementing quality accounting systems which differentiate between unrestricted and restricted funding


–  Budgeting and integrated financial modelling to support funding applications


–  Accounting support including bookkeeping, preparing monthly management accounts and presenting these at board level

+ REPORTING/COMPLIANCE

–  Accounting support including bookkeeping, preparing monthly management accounts and presenting these at board level


–  VAT and payroll advice


–  Charity independent examinations and accounts preparation

Get in touch today for a free initial meeting to discuss your requirements.