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Duncan & Toplis

Charities

Our expert team of charity auditors and advisers deliver thorough charity accounting support, covering day-to-day financial management, sector-specific VAT issues, governance, risk and strategic planning.

Whether you require a full charity audit or a proportionate charity independent examination, we tailor our services to your size and funding model. With our support you’ll gain confidence, clarity and stakeholder assurance that your financial statements meet the highest standards.

Choose Duncan & Toplis as your trusted partner.

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Tailored charity accounting solutions for the sector

We know that no two charities are alike, which is why we provide customised support to address the specific challenges your organisation faces. From budget forecasting and cash flow management to ensuring compliance with sector regulations, our charity accounting services are designed to give you peace of mind.

Our team can assist with:

  • Financial reporting and management
  • VAT and tax compliance specific to charities
  • Governance and risk management support
  • Strategic advice for future growth

We specialise in providing dedicated accounting for charities, delivering compliant and transparent charity accounting that is specifically tailored to your organisation’s structure and funding model. Our experienced charity auditors provide both statutory charity audit services and proportionate charity independent examination where required, ensuring your reporting meets regulatory standards and stakeholder expectations. This joined-up approach strengthens governance, accountability and financial confidence.

Charity independent examination and audit services

Maintaining accountability is vital for every charitable organisation, and we are proud to offer comprehensive charity independent examination and charity audit services. As registered charity auditors, we ensure your accounts meet the highest standards of accuracy and compliance with the Charities Act and other relevant regulations.

Our charity audits go beyond compliance, providing valuable insights to help you strengthen financial processes and identify opportunities for improvement. For charities that fall below the audit threshold, our charity independent examination services offer a thorough yet proportionate review of your financial statements, giving stakeholders confidence in your organisation’s operations.

Charity VAT

With a variety of complex income streams, VAT management for charities can often be confusing - but our VAT team gives clear and actionable advice, ensuring VAT compliance and maximum recovery of VAT where applicable.

Structure, tax, and governance

Charities should operate efficiently and effectively to make the most of all donated income. We help to clearly outline the decision-making process to ensure that your charity is structured and governed in the most appropriate way.

Kreston Global

As members of the Kreston Global network of accountants, your dedicated account manager will address all of your financial concerns, including compliance, sourcing funding, consultancy, general insurance, pensions, payroll and more.

We are able to gain valuable insight into the financial challenges and opportunities facing charities across the UK. We work with our colleagues across the Kreston UK Charity Group to produce the annual Kreston Charities Report, which sheds important insight into the experiences of a wide range of charities across the UK.

Why choose us for charity accounting?

With a reputation for excellence and a deep understanding of the charity sector, Duncan & Toplis is a trusted partner for organisations across the region. Our charity auditors and accounting specialists are committed to delivering clear, actionable advice to support your mission.

By combining technical expertise with a proactive approach, we ensure your charity is equipped to tackle financial challenges and seize opportunities for growth.

Contact us today to learn more about how we can support your charity with expert charity accounting, independent examination, and audit services.

Frequently asked questions

Not all charities require an audit, but some must have one depending on their size and income. In England and Wales, charities with an income over £1 million, or over £250,000 with assets above £3.26 million, typically need an audit. Others may only require an independent examination.

Small charities still need clear and accurate financial records. This usually includes tracking income and expenditure, maintaining records of donations and grants, and preparing annual accounts. Depending on income levels, charity accounting may involve the use of receipts and payments accounts, ensuring transparency and compliance with regulatory requirements.

Yes, charities often need to report to HMRC, particularly if they claim tax reliefs such as Gift Aid. While many registered charities are exempt from paying tax on most income, they must still meet reporting requirements, maintain proper records and submit returns where applicable to demonstrate compliance.

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