Financial Management

Financial Management

It can be time and labour intensive to run a voluntary organisation, where impact measurement and reporting is a key part of your work. Having access to an accountancy service with an in depth understanding of charity accounting is crucial. Our finance team has the specialist expertise to meet your charity accounting needs.

We offer the following charity accounting services:

  • Preparation of annual accounts
  • Independent examination
  • Payroll
  • Consultancy for specific pieces of work including budgeting, financial planning and financial management
  • Other accountancy services including book keeping and bank reconciliations

Preparation of accounts

Our accountancy service can support your organisation through the following services. Our rates range between £25 - £55 per hour excluding VAT dependent upon the level of expertise required.

Independent Examination

Independent examination is an alternative to a full audit for smaller charities – a legally acceptable form of external scrutiny for your end of year accounts.

The threshold for independent examination for registered charities (with or without limited by guarantee company status) was increased in the year end March 2010 and has now stabilised as the limits and conditions have fluctuated over the last few years.

As long as your gross income is below £500,000 (or £250,000 if you have assets exceeding the value of £3.26m) replace your audit with an independent examination and save money!

Bespoke services and consultancy

Our finance team can offer a range of bespoke financial services. Please contact us for an informal discussion.

Get in touch

Contact us to arrange an informal discussion to discuss your financial needs and to find out how our services can save you both time and money.
Email finance[at]bvsc[dot]org
Telephone: 0121 678 8803