Accountants For Charities
When it comes to accountancy, charities and not for profits have very specific needs that need to be considered. That’s why it’s important to work with a firm who specialises in providing charity accounting services. Whether you are just starting out or are an established charity looking for new auditors, we can provide a full range of services.
At Thomson Cooper, we have a dedicated not for profit team in Dunfermline and Edinburgh who can help you meet all your statutory requirements and obligations. We offer a range of services, from bookkeeping and VAT compliance to budgeting and financial planning.
Audit and Independent Examinations
No matter what stage your charity or not for profit is at, we can provide the support you need to make sure your finances are fully compliant and in good shape. We are committed to delivering a robust, high-quality audit. Our aim is to provide assurance and peace of mind to trustees while also offering practical support and advice.
Accountants for Charities in Scotland
Charities in Scotland operate within a complex legal framework and are regulated by The Office of the Scottish Charity Regulator (OSCR) who is the independent registrar and regulator. They have created a Scottish Charity Register and have the power of enquiry and intervention, amongst other controls. Our charity accounts experts know what their expectations are and will help you to meet regulatory and operational requirements.
Not for Profit Accounting in Scotland
Not for profit organisations (NFPs) also have specific legal requirements, and our team can advise you on the best way to structure your organisation and remain compliant. We can also help with grant applications, so you can focus on what you do best – helping those in need.
The charity sector is not the only area where not for profit organisations can be found. In fact, there are many types of not for profit entities, including social enterprises and community interest companies (CICs). Our not for profit accountants have experience of working with a wide range of NFPs and can provide the advice and support you need to stay on track.
How we can help you
Our accounting services
- Preparation of year-end statutory accounts
- Management accounts
- Auditing and independent examination
- Corporation Tax advice
- Setting up a trading subsidiary
- Implementing a cloud-based system
- VAT and tax advice
- Payroll
- Gift Aid advice and support
- Registering a new charity
- Applying for grants
- Assisting with OSCR enquiries
- Trustee training
Who we’ve helped achieve their goals
We act for a diverse cross-section of charity and third sector organisations, including:
- Charitable trusts
- Churches
- Clubs and associations
- Voluntary organisations
We know the challenges you face
It’s hard grappling with the tough requirements of a highly regulated sector and the difficulties of the current economic climate. You need the specialist knowledge and dedication that we’ve developed in over 70 years experience of accounting, as well as our specific experience in the charities sector.
You need an accountant that understands the issues that a wide variety of charities and NFPs face. We’ve helped charities with both simple and complex issues, such as their VAT position, auditing of accounts and grant claims, and even strategic advice. We also advise on governance, compliance and meeting regulatory requirements.
Our objective is not just to be a helpful, trusted advisor for the now, but to be a steadfast partner for the future.
For further information, please contact Fiona Haro on 01383 628800 or email fharo@thomsoncooper.com to arrange a free initial consultation.
Pro-active attitude
“Their audit has been quick, their technical expertise good and they have been pro-active in ensuring compliance with recent legislative changes. Additionally, the team have been pleasant and did everything they said they would do in terms of holding meetings and producing documents.”
– YouthLink, Scotland
Supported throughout the process
“Thomson Cooper were extremely helpful, professional and attentive during our audit. I felt extremely supported throughout the process, which was initially quite daunting as it was our first ever audit. We were guided through by Thomson Cooper, given guidance whenever needed all in an informative and friendly manner. They worked diligently on our audit and accounts and I would thoroughly recommend them to others.”
– Fallin Community Enterprises, Scotland