The framework for accounting by charities sets out different requirements for different sizes and types of charity. To understand how it applies to your charity, you need to check:
(1)whether or not your charity is also a company; (2)its income for the current financial year; (3)the value of its assets; (4)Whether or not it is required to be registered as a charity.
The Charity Commission's website has a section that deals with the accounting and reporting requirements of charities. That would be a good place for you to start your research.
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Pearce & Co - Chartered Accountant and Chartered Tax Adviser
if you go on charity commission, there is detailed info on the rules for audit exemption and independent examination, if you are asking in terms of end of year accounts requirements
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
