The laws covering Charity Accounts have become more demanding and charities have to prepare their accounts according to very strict guidelines.

We have many years’ experience of working with charities and voluntary organisations and can provide assistance to charities in a variety of ways:

• Maintaining your accounts on a regular basis. This can be a cheaper option than employing a full or part-time finance person.
• Calculating your payroll (see section on Payroll for more details of this service).
• Preparing monthly or quarterly Management Accounts for presentation to Trustees
• Preparing annual budgets
• Preparing year end accounts to SORP requirements
• Independent Examination of Accounts
• Providing financial information for funding bids/grant applications
• Undertake financial health check of your organisation and provide appropriate Financial Control System

SORP 2026 is a step change, not just an update. The complexity mainly comes from alignment with general accounting practices and expectations, which as a charity you may be understandably nervous about. The main changes are

• New 3-tier system → reporting depends on size, so smaller charities aren’t overburdened
• Income recognition changes → especially for contracts and grants (timing matters more now)
• Lease accounting overhaul → more items on the balance sheet
• Stronger trustees’ reports & impact reporting → more narrative + transparency
• Higher audit thresholds → fewer small charities need full audits

The rules are more detailed, but they’re also more structured — once we place you in the right tier, everything becomes clearer.

Charities don’t fear SORP — they fear not understanding it.

• We interpret SORP into practical steps
• We tailor reporting to their size (tier)
• We avoid over-compliance (a big concern)

SORP 2026 looks complex, but most of it won’t apply to you — our role is to filter out what actually matters for your charity.

These changes are sector-wide — regulators expect a transition period. As long as we follow a structured approach, you’ll be fully compliant.

SORP 2026 is not generic accounting — it’s sector-specific.

We have:

• Experience with charities (even small ones)
• Familiarity with trustees (not just finance teams)
• Awareness of regulator expectations

Charity accounts are fundamentally different — SORP 2026 makes that even more true. That’s exactly where we specialise.

Now we are in the digital age, we can work with anyone. Whether they are based in Penzance, Cornwall or further afield such as London, Kent, Devon etc