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Categories of Charities
| Income |
Registration with Charity Commission |
Preparation of Accounts |
Submission of Accounts |
Accounts Scrutiny |
Annual Return |
< £1,000 |
- |
Receipts and payments |
May be required |
- |
- |
£1,000 - £10,000 |
|
Receipts and Payments |
May be required |
- |
Simplified
|
£10,000 - £100,000 |
|
Receipts and Payments |
|
Independent Review |
Full Return |
£100,000 - £250,000 |
|
Accruals |
|
Independent Review |
Full Return |
> £250,000 |
|
Accruals |
|
Audit |
Full Return |
Charitable Companies
| £0 - £90,000 |
|
Exempt from Audit |
| £90,000 - £250,000 |
|
Compilation Report (similar to Independent Examination |
| > £250,000 |
|
Subject to audit |
All charitable companies have to comply with the Companies Act and therefore need to prepare accounts on the accruals basis.
Change in Charity Trustees
If you would like to download our checklist for changes in charity trustees click here.
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